Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement

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<div class="parCenter parsys"><div class="newsdetail section"> <header> <h2>Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement</h2> <p hidden id="hiddenDate">2024-09-13</p> </header> <h3>September 12, 2024</h3> <ul> <li> <a href="/people_and_places/people/partners/us/jonathan-castelan.html" title="Jonathan Castelan">Jonathan Castelan</a>, <a href="/people_and_places/people/partners/us/alexander-s-leff.html" title="Alexander S. Leff">Alexander S. Leff</a>, <a href="/people_and_places/people/lawyers/us/sam-bentley.html" title="Sam Bentley">Sam Bentley</a>, <a href="/people_and_places/people/lawyers/us/hillary-healey.html" title="Hillary Healey">Hillary Healey</a> </li> <li> <a href="/people_and_places/offices/houston.html" title="Clifford Chance, Houston">Houston</a> </li> </ul> <section class="section_language_tab section_language_tab_base" lang="en"> <h3 class="h3_multilanguagetitle">Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement</h3> <h3>Houston: Global law firm Clifford Chance has advised ExxonMobil on its carbon capture and sequestration agreement in connection with its partnership with ADNOC for a proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas.</h3> <p>This work continues the firm's support of ExxonMobil, with Jonathan Castelan leading the Clifford Chance team on this matter and supporting ExxonMobil's four previously announced carbon capture agreements.</p> <p>Upon completion, this will be the world's largest low-carbon hydrogen facility and will leverage advanced carbon capture and storage technologies to reduce emissions associated with hydrogen production. The facility expects to convert US-produced natural gas into virtually carbon-free hydrogen, with ~98% of CO2 removed.</p> <p>Castelan offered, "It is always a pleasure to work with the ExxonMobil team, and we are proud to continue to support them on their CCS transactions."</p> <p>Castelan was supported by associates Sam Bentley and Hillary Healey, with partner Alex Leff advising on Tax matters.</p> </section>  <script> var desc = $("meta[name='description']").attr("content"); var title = $(document).attr("title"); var pubDate = $('#hiddenDate').html(); var schemaArticle = { "@context": "https://schema.org/", "@type": "NewsArticle", "mainEntityOfPage": { "@type": "WebPage", "@id": location.href }, "headline":title, "description": desc, "image":location.host+$("#img_main").attr("src"), "author": { "@type": "Person", "name": $("div.newsdetail ul:nth-child(4) li:nth-child(1) a").attr("title") }, "publisher": { "@type": "Organization", "name": "Cliffordchance LLP", "logo": { "@type": 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class="icon_email" href="mailto:madhu.mirpuri@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Madhu </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/madhu-mirpuri.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/content/dam/cliffordchance/profiles/600000/625506-half.png/_jcr_content/renditions/original" width="200" height="166" alt="Michael Jalili"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Michael Jalili</h3> <h4>Communications Manager - Americas</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/new_york.html" title="Clifford Chance, New York">New York</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +1 212 880 5772</p> <p> <a class="icon_email" href="mailto:michael.jalili@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Michael </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/michael-jalili.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/content/dam/cliffordchance/profiles/930000/937183-half.png/_jcr_content/renditions/original" width="200" height="166" alt="Nadja Fersch"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Nadja Fersch</h3> <h4>Communications Manager, Frankfurt</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/frankfurt.html" title="Clifford Chance, Frankfurt">Frankfurt</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +496971992129</p> <p> <a class="icon_email" href="mailto:nadja.fersch@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Nadja </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/nadja-fersch.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img width="200" height="166"/> </div> <section class="section_aside_contact"> <p class="icon_phone"><span class="pageColour_text"></span> </p> <p> <a class="icon_email" href="mailto:" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email </a> </p> <p class="p_contact_link"><a class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/etc/designs/cc2014/images/aside_thumb.png" width="200" height="166" alt="Pia Pialorsi"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Pia Pialorsi</h3> <h4>External Communications Lead</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/london.html" title="Clifford Chance, London">London</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +442070064324</p> <p> <a class="icon_email" href="mailto:pia.pialorsi@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Pia </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/pia_pialorsi.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/etc/designs/cc2014/images/aside_thumb.png" width="200" height="166" alt="Shamma Kelly"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Shamma Kelly</h3> <h4>External Communications Associate Manager</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/london.html" title="Clifford Chance, London">London</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +442070062012</p> <p> <a class="icon_email" href="mailto:Shamma.Kelly@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Shamma </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/shamma-kelly.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/etc/designs/cc2014/images/aside_thumb.png" width="200" height="166" alt="Suparna Mukherjee"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Suparna Mukherjee</h3> <h4>Senior Business Development & Marketing Manager</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/dubai.html" title="Clifford Chance, Dubai">Dubai</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +97145032703</p> <p> <a class="icon_email" href="mailto:Suparna.Mukherjee@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Suparna </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/suparna-mukherjee.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/etc/designs/cc2014/images/aside_thumb.png" width="200" height="166" alt="Bára Hubínková"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Bára Hubínková</h3> <h4>Business Development Executive</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/prague.html" title="Clifford Chance, Prague">Prague</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +420 222 55 5581 </p> <p> <a class="icon_email" href="mailto:Bara.Hahnova@CliffordChance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email 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class="pageColour_text"></span> +97145032668</p> <p> <a class="icon_email" href="mailto:victoria.brewertonowen@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Victoria </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/victoria-brewerton-owen.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img width="200" height="166"/> </div> <section class="section_aside_contact"> <p class="icon_phone"><span class="pageColour_text"></span> </p> <p> <a class="icon_email" href="mailto:" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture 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</article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/content/dam/cliffordchance/profiles/600000/629754-half.png/_jcr_content/renditions/original" width="200" height="166" alt="Aleksandra Szumilas-Ocalewicz"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Aleksandra Szumilas-Ocalewicz</h3> <h4>Business Development Senior Executive</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/brussels.html" title="Clifford Chance, Brussels">Brussels</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +48 22429 9454</p> <p> <a class="icon_email" href="mailto:aleksandra.szumilasocalewicz@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture 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class="pageColour_text"></span> +442070064001</p> <p> <a class="icon_email" href="mailto:sonia.malhotradenny@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Sonia </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/sonia-malhotra-denny.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img width="200" height="166"/> </div> <section class="section_aside_contact"> <p class="icon_phone"><span class="pageColour_text"></span> </p> <p> <a class="icon_email" href="mailto:" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture 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href="mailto:chanelle.mutawe@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Chanelle </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/chanelle-mutawe.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/content/dam/cliffordchance/profiles/600000/630365-half.png/_jcr_content/renditions/original" width="200" height="166" alt="Margarita Garcia"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Margarita Garcia</h3> <h4>Head of Client & Market Development</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/madrid.html" title="Clifford Chance, Madrid">Madrid</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +34915904176</p> <p> <a class="icon_email" href="mailto:margarita.garcia@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Margarita </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/media_contacts/margarita-garcia.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> <img src="/content/dam/cliffordchance/profiles/600000/627836-half.png/_jcr_content/renditions/original" width="200" height="166" alt="Dilan Ayyildiz"/> </div> <section class="section_aside_contact"> <h3 class="pageColour_text">Dilan Ayyildiz</h3> <h4>BD Manager</h4> <h5><span class="pageColour_text"></span> <a class="icon_chair" href="/people_and_places/people/offices/istanbul.html" title="Clifford Chance, Istanbul">Istanbul</a> </h5> <p class="icon_phone"><span class="pageColour_text"></span> +90 212339 0 076</p> <p> <a class="icon_email" href="mailto:dilan.ayyildiz@cliffordchance.com" onclick="linkClick('Clifford Chance Advises ExxonMobil on Fifth Carbon Capture Agreement|globalmediacontacts|\/content\/cliffordchance\/news\/news\/2024\/09\/clifford\u002Dchance\u002Dadvises\u002Dexxonmobil\u002Don\u002Dfifth\u002Dcarbon\u002Dcapture\u002Dagree|Email|Email|Email Clicked')"> Email Dilan </a> </p> <p class="p_contact_link"><a href="/people_and_places/people/business_professionals/dilan-ayyildiz.html" class="icon_profile">See my full profile</a></p> </section> </article> <article class="article_aside_contact"> <div class="div_profile_image_container"> 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