Home Hydrogen JAPEX partners with Invest Alberta to pursue CCS and hydrogen/ammonia tasks in Canada
March 5, 2024, by Ajsa Habibic
Japan Petroleum Exploration (JAPEX) and Invest Alberta Corporation (IAC), a financial investment destination firm developed by the federal government of Alberta, Canada, have actually formed a collaboration looking for to establish jobs in carbon capture and storage (CCS), carbon capture, usage and storage (CCUS), bioenergy with CCS and blue hydrogen/ammonia locations.
Thanks To Invest Alberta
JAPEX and IAC signed a memorandum of understanding (MoU) which involves assistance for JAPEX’s company advancement towards an ecologically sustainable society in the Province of Alberta, Canada.
Under the MoU, the celebrations will work collectively on prospective tasks of JAPEX in Alberta, leveraging JAPEX’s experience in petroleum expedition, production, and CCS/CCUS.
On the other hand, Invest Alberta will support JAPEX with its understanding of the regional market and financial investment landscape.
Tomomi Yamada, Executive Management Officer, President of Overseas Business Division II, JAPEX, stated: “We are extremely thrilled to begin interacting with Invest Alberta. JAPEX had an extremely enduring history of company in Alberta in the locations of oil sands (as an operator) and gas.
“We are now intending to come back to Alberta and add to its decarbonization, utilizing our knowledge and experiences gotten through the involvement in CCS presentation task in Japan by purchasing the task business and substantial E&P companies in Japan along with abroad.”
Rick Christiaanse, Invest Alberta CEO, commented: “Invest Alberta is honoured to partner with JAPEX to assist the business take the chances that Alberta provides to financiers. As Canada’s energy capital, Alberta has a knowledgeable labor force and prominent scientists efficient in advancing significant tasks forward in an inviting service environment. JAPEX is a strong and important partner for Alberta, bringing substantial experience in the energy sector and a shared commitment to accomplishing net-zero through ecologically sustainable tasks.”
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