海角社区

海角社区鈥檚 historic win for Louisiana and energy economic development in the state鈥�$160 million in funding through the U.S. National Science Foundation鈥檚 Engines program with an additional $67.5 million through Louisiana Economic Development鈥攚as enabled by leading industry partners, including Shell, ExxonMobil and Baker Hughes.

For decades, energy, chemical and petrochemical companies have turned to 海角社区 for collaborative technology and talent development to secure the solutions and people they need to be competitive. As leaders of the ongoing energy transition to lower-carbon technologies and low-carbon fuels, industry has made clear commitments to innovation and talent development. Industry has also continued to invest in 海角社区 to advance the energy priority of 海角社区鈥檚 Scholarship First Agenda. In June 2022, Shell invested $27.5 million in 海角社区 to establish the 海角社区 Institute for Energy Innovation and advance reliable, affordable and environmentally responsible energy for all. In June 2023, ExxonMobil strengthened its decades-long relationship with 海角社区 to collaboratively pursue energy security and sustainability initiatives, and invest in local community workforce programs and athletics.

Amidst the momentum created by these transformative investments in 2022 and 2023, 海角社区 reached out to several of its longtime energy partners on a new and bold plan鈥攖o go after the largest National Science Foundation, or NSF, grant in history to accelerate energy innovation and create new jobs in energy and chemical manufacturing in Louisiana. Everyone said yes. The resulting partnership, now selected by the NSF to lead energy innovation for the nation, is called Future Use of Energy in Louisiana, or FUEL.

鈥淪hell is excited to continue working with 海角社区 to accelerate the role Louisiana can play in the energy transition,鈥� said Lee Stockwell, general manager of U.S. carbon capture development at Shell. 鈥淭he FUEL Engine work will further strengthen and develop the technology and future workforce required to meet that challenge, inspiring Louisiana and others to achieve their net-zero ambitions by the middle of the century.鈥�

Shell continues to grow its collaboration with the university through the 海角社区 Institute for Energy Innovation and the FUEL partnership, as well as on technology projects like direct air capture, including a recently awarded $5M project by the U.S. Department of Energy. In Louisiana, Shell is already transitioning its onshore business to deliver lower-carbon fuels and products by increasing performance chemicals production at its Geismar chemical facility and producing more renewable fuels, lower-carbon ethylene and circular chemicals from recycled plastic waste at its Energy and Chemicals Park in Norco. 海角社区, Shell and other FUEL partners will work to solve a range of high-priority energy challenges, including those related to site-specific carbon capture, use and storage, direct air capture and how to best decarbonize industry and mobility鈥攕uch as driving, shipping and aviation鈥� through electrification and lower-carbon fuels, among them advanced biofuels and hydrogen.

ExxonMobil became a FUEL partner as the company works to scale up emission solutions that can make a big impact. These include carbon capture and storage, hydrogen, advanced biofuels and lithium technologies.

鈥満＝巧缜�鈥檚 leadership and the FUEL collaboration showcase our state鈥檚 readiness to catalyze research, prepare a highly skilled workforce and position Louisiana as a global leader in the energy transition.鈥�

Prasanna Joshi, ExxonMobil Vice President of Low Carbon Solutions Technology 

鈥淔or nearly 115 years, ExxonMobil has invested in Louisiana, employing generations of families and producing essential products the world needs. We鈥檒l continue that mission while focusing on reducing carbon emissions as part of our comprehensive sustainability strategy, both from our own operations, and from other sectors across the state,鈥� ExxonMobil Vice President of Low Carbon Solutions Technology Prasanna Joshi said. 鈥満＝巧缜�鈥檚 leadership and the FUEL collaboration showcase our state鈥檚 readiness to catalyze research, prepare a highly skilled workforce and position Louisiana as a global leader in the energy transition.鈥�

ExxonMobil is currently the largest manufacturing employer in Louisiana. Last year, the company announced its acquisition of Denbury Inc., an experienced developer of carbon capture, use and storage solutions and enhanced oil recovery. Denbury provides ExxonMobil with the largest owned and operated CO2 pipeline network in the U.S. at 1,300 miles, including nearly 925 miles of CO2 pipelines in Louisiana, Texas and Mississippi鈥攍ocated within one of the largest U.S. markets for CO2 emissions, as well as 10 strategically located onshore sequestration sites. A cost-efficient transportation and storage system will accelerate carbon capture and storage deployment for ExxonMobil and third-party customers over the next decade. It also sets ambitious research and development goals for carbon capture and storage, hydrogen, ammonia, biofuels and direct air capture technologies.

In Louisiana, the global energy technology company Baker Hughes participates in 30 active carbon capture, use and storage projects, and collaborates with Air Products on their hydrogen production, compression, transportation and storage solutions. This includes the U.S. Gulf Coast hydrogen network鈥攖he world鈥檚 largest鈥攁nd supports Air Products鈥� announced $4.5-billion blue hydrogen clean energy complex in eastern Louisiana.

鈥淔UEL鈥檚 win will leverage more than $27 billion in low-carbon projects already announced by Louisiana industry, and that is just the beginning,鈥� said Nigel Jenvey, executive for strategy and growth initiatives at Baker Hughes. 鈥淲hen the state, academia and industry work together, we further spur the research, workforce training and investment necessary to produce the technology and talent that will take energy forward, making it safer, cleaner and more efficient for people and the planet.鈥�

As a FUEL partner, Baker Hughes is currently investing in technologies and projects to develop next-generation direct air capture and closed-loop geothermal technology, convert CO2 and hydrogen into sustainable fuels, deploy zero-emission power plants and more.

Learn more about how FUEL industry partners Shell, ExxonMobil and Baker Hughes are investing in research and development in Louisiana and around the world:

• Shell, active in 70 countries, has 3,500 full-time employees and contract staff in Louisiana actively working at its offshore and onshore facilities. .
• ExxonMobil, active in 60 countries, has 6,000 employees and contractors in Louisiana. .
• Baker Hughes, active in 120 countries, has 1,000 employees in Louisiana. .