Natural gas power plant developer NET Power LLC, with partners Baker Hughes, Occidental Petroleum and Constellation Energy, will narrow selection of an EPC contractor by year end to build an estimated $750-million to $950-milloin million utility scale power plant that it claims will be the world's first to burn natural gas with oxygen to generate power and produce pure carbon dioxide as a sellable byproduct with no harmful air emissions.
The project will be built in the Texas Permian Basin at an Occidental hosted site near Odessa.