ExxonMobil has signed a memorandum of understanding with gas distribution company SGN and Green Investment Group to look at ways to lower industrial CO2 emissions in the Southampton area, including at the company’s Fawley complex. If the technical and business feasibility of the initiative is confirmed, a facility to capture industrial CO2 emissions could be constructed near the Southampton Water industrial cluster in southern England. The captured CO2 would then be shipped offshore for safe and permanent storage.