LanzaTech NZ Inc. is poised to gain a boost in U.S. opportunities after Australia’s natural gas and oil giant Woodside Energy Group Ltd. agreed to a $50 million investment.

CCUS Facilities

In addition, Woodside has a strategic framework agreement (SFA) to collaborate on pilots that demonstrate LanzaTech’s carbon capture and transformation (CCT) technologies.

“With both this collaboration agreement and new investment…we see the potential to work together to reduce emissions and repurpose carbon into useful products,” said LanzaTech CEO Jennifer Holmgren. 

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The SFA and Woodside’s agreement could be clinched if LanzaTech completes a merger with AMCI...