1PointFive, a development company recently formed by Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation (Occidental), and Rusheen Capital Management LLC, to finance and deploy Carbon Engineering Ltd’s large-scale Direct Air Capture (DAC) technology, has selected global engineering consultancy providers Australia-headed WorleyParsons Ltd (Worley) for the initial engineering phase of 1PointFive’s first direct air capture facility in the United States – DAC 1.
1PointFive announced its selection of Worley for the Front End Engineering and Design (FEED) phase of its first direct air capture (DAC) facility in the US—DAC 1. The project will support 1PointFive’s mission to stabilize the climate through the commercialization and deployment of Canada-headed Carbon Engineering’s DAC technology that captures CO2 directly from the atmosphere.
DAC 1 represents the technology’s first commercial-scale deployment. This FEED agreement is the first step of an alliance between 1PointFive and Worley. The initial focus of this collaboration is targeting DAC 1 through DAC 4.
When complete, this facility will be capable of extracting one million tonnes of atmospheric CO2 annually, serving as a starting point for the acceleration of commercial-scale DAC deployment as critical infrastructure to help companies around the world meet CO2 emission reduction targets.
The FEED phase for DAC 1 will focus on the first train, which will capture 500 000 tonnes of CO2 annually, and is scheduled to begin within the next 90 days, with completion estimated by the end of 2021. Upon completion of FEED, the alliance will move into the engineering, procurement, and construction (EPC) phase.
We partnered with Worley for this historic project because our organizations are like-minded in their vision of sustainability. Worley has a proven track record of true innovation, and that will be essential to bring DAC to a commercial scale. This first-of-its-kind facility is taking on one of the greatest challenges of our time. Our combined knowledge and expertise will not only make the project a success but also make real progress in the creation of a circular economy, said Richard Jackson, Oxy Low Carbon Ventures President and Chairman of 1PointFive.
In DAC 1’s FEED, Worley and 1PointFive will explore next-generation technology, materials, and manufacturing approach consistent with a circular economy—from recycled plastics to 3D printing and fully integrated zero-emission power.
These innovations will contribute to the facilities’ sustainability and capital efficiency while creating data-driven optimization for continuous improvement of future DAC facilities.
Partnering with 1PointFive on this project aligns perfectly with our desire to deliver a more sustainable world. And their vision of a circular economy that includes direct air capture has the power to drive future sustainability at the intersection of economics, energy, and the environment. Climate change is a big challenge to take on. But we’ll have some of the brightest minds in the world on this historic project, noted Chris Ashton, CEO at Worley.
