Practical Challenges to CCS Projects in the US

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Natalie Nowiski, Principal Legal-New Energy, Woodside Energy
Nathanial Scott, VP BD North America, Storrega
Nicholas J Fulford, Senior Director Energy Transition, GaffneyCline
Moderator: Parker Lee, Partner, McDermott Will & Emery LLP

Carbon capture, utilization and sequestration (CCUS) is an increasingly important part of the energy industry in the United States and globally as we progress to net zero objectives. There is no shortage of enthusiasm, development planning, proposed tax incentives and relevant guidance, with a broadening public awareness of the importance of CCUS projects. There is also a markedly slow off the mark progress for the actual development of a CCUS project since the latest tax incentives were announced in 2022. One cause of that delay is the EPA approval process for Class VI permits for injection wells that underly any CCUS projects. 

Our panel of experts will generally discussed the CCUS environment, the function and importance of Class VI injection wells, the role of EPA and the states in granting permits for Class VI injection wells, and what may be causing the current logjam of CCUS project development.

Natalie Nowiski, Principal Legal-New Energy, Woodside Energy

Natalie Nowiski, is an experienced legal counsel focused on the energy transition and commercial development of lower carbon hydrogen, ammonia, and CCS projects. She currently is a lead counsel with Woodside Energy and supports the development of Woodside’s new energy projects in the United States.

Previously, Natalie was a CCS Legal Counsel and Business Developer with SLB New Energy where she advised on legal, regulatory, permitting and policy issues for CCS projects. She also worked on developing strategic partnerships and business models for participants on the CCS value chain.

Natalie obtained an LL.M. specializing in Energy, Environmental & Natural Resources Law from the University of Houston, and a J.D. from the University of Toronto. She has been a guest speaker and panelist on topics related to CCS, energy transition, climate risk disclosure and sustainability issues.

Nathanial Scott, VP BD North America, Storrega

Nathanial Scott, is the International Business Development Manager for Noble Energy’s operations in West Africa with principle focus on Equatorial Guinea and Cameroon. Prior to his current role, he was an advisor for Noble’s Corporate Business Development team, which focused on mergers, acquisitions and divestitures both in the United States and internationally. Mr. Scott has experience in government and commercial negotiations concerning operated and non-operated assets, new ventures and farmout efforts in West Africa and other international locations. Prior to his time at Noble, Mr. Scott gained extensive experience in assembling, developing and divesting conventional and unconventional land plays in various basins across the United States. Mr. Scott is a graduate of the University of Oklahoma College of Law.

Nick Fulford, Senior Director Energy Transition, GaffneyCline

Nicholas Fulford, is Gas/LNG and Carbon Management Senior Director – Americas for GaffneyCline, with over 40 years of experience in the natural gas sector working on all aspects of the gas value chain from complex upstream projects, midstream and LNG export projects, LNG imports and gas to power, wholesale and retail market management, regulatory policy and trading. He is renowned as a leading Global LNG expert who has closely been involved in the US gas markets since the late 1980s and again more deeply since 2008 with the rise of the US shale gas boom. In recent years, Nick has engaged with the emerging Energy Transition impacts on energy markets globally, including CCS, offsets and net-zero LNG.

Parker Lee, Partner, McDermott Will & Emery LLP (Moderator)

Parker A. Lee, advises companies and investors in evaluating and executing transactions and commercial contracts in the energy and infrastructure industries. He represents clients in various domestic and international oil & gas, renewable fuels, power, water, petrochemical and infrastructure M&A, project development and joint venture transactions.

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