
The company is on track to be able to remove carbon for less than $30/tonne by 2030, Equatic said in the press release. (Source: Equatic)
Carbon removal company Equatic has appointed a new CEO in preparation to launch the world’s largest ocean-based carbon removal plant, the company announced in a Nov. 18 press release.
Edward Sanders has been promoted to Equatic’s new CEO from the COO position, holding a background in climate, aviation and consulting.
The company also added a new chief project officer and a member to its industry advisory board, as well as formed a new science advisory board.
Jarred Guthrie was named Equatic’s new chief project officer to execute the company’s growth strategy. He has years of experience in the hydrogen and renewables industry.
Civil engineer Dame Dervilla Mitchell was selected as the eighth member of Equatic’s industry advisory board, which the company’s newly formed science advisory board will support in addition to the management team and board of directors.
“The SAB [science advisory board] was formed to help amplify Equatic’s dedication to meaningful and responsible advancements in carbon dioxide removal and clean energy production,” Emily Carter, chair of the science advisory board, said in the press release. “As technical and scientific leaders in their fields, the SAB will help advance Equatic’s electrochemical engineering solutions, guide policy development and mitigate environmental and technical risks of technology and project implementation worldwide.”
Equatic commercially launched in 2023, and has since demonstrated two successful pilots in Los Angeles and Singapore. The company is now currently developing Equatic-1, a demonstration plant in Singapore, and a commercial-scale plant in Canada.
Equatic also manufactures oxygen-selective anodes that scales hydrogen production using direct seawater electrolysis.
The company is on track to be able to remove carbon for less than $30/tonne by 2030, Equatic said in the press release.
Recommended Reading
Water Management Called ‘Massive Headwind’ for Permian Operators
2024-11-21 - Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.
Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset
2024-11-04 - Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset.
E&P Highlights: Oct. 28, 2024
2024-10-28 - Here’s a roundup of the latest E&P headlines, including a new field coming onstream and an oilfield service provider unveiling new technology.
E&P Highlights: Nov. 4, 2024
2024-11-05 - Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.
Coterra Takes Harkey Sand ‘Row’ Show on the Road
2024-11-20 - With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.