Carbon Capture

News
February 20, 2024
This study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia, Malaysia, Thailand and Vietnam, covering a total surface area of over 6 million km2, to help streamline the process for identifying the best basins and plays for potential carbon storage.
News
February 01, 2024
The contract includes responsibility for the design of the CO2 transportation system and is another important milestone for the project as it progresses its design, costs and schedule towards a final investment decision (FID).
News
January 29, 2024
The CorrosaLock system joins the WellLock resin system, ThermaLock cement, and CorrosaCem cement system as part of Halliburton’s advanced CCUS portfolio.
News
January 16, 2024
Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometer (85 miles) pipeline section, a 15,000 metric tonne (MT) CCS platform jacket, and bridge connecting to the existing central processing platform.
News
January 14, 2024
The study will lay a foundation for potential development of Carbon Capture and Storage (CCS) Hub in the Eastern Economic Corridor of Thailand (EEC).
News
January 11, 2024
CGG intends to provide expertise and technological support to C-Questra to accelerate the development of certain carbon storage projects.
News
January 09, 2024
ADNOC is targeting a carbon capture capacity of 10 MMtpa by 2030, equivalent to taking over 2 million internal combustion vehicles off the road.
News
January 08, 2024
This pilot unit, using a pioneer high pressure subsea separation technology (HISEP), will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir.
Article
December 2023
As governments and industries increase their efforts to reduce greenhouse gas emissions, there is a rapidly growing demand for carbon credits by companies and individuals seeking to offset the carbon emissions they can’t eliminate on their own.
News
December 30, 2023
Carbon capture advocates have sounded the alarm about a growing backlog of carbon dioxide injection well applications, with 172 now pending before the EPA. They argue that when states take the lead role over the wells, rather than a small pool of overburdened EPA staff, they can expedite reviews and put a broader pool of engineers to work scrutinizing individual projects.
News
December 30, 2023
The American Petroleum Institute (API) released a statement from President and CEO Mike Sommers on the U.S. Environmental Protection Agency’s decision to grant primacy to the state of Louisiana to advance carbon capture projects.
News
December 20, 2023
Santos’ plans to expand the Moomba carbon capture and storage (CCS) project and transform the Cooper Basin into a decarbonization and low-carbon fuels hub have gained further momentum through the agreement.
News
December 19, 2023
With the issued permits, the Sweetwater Hub, which will ultimately comprise over 100,000 acres of leased pore space and over 550 million metric tons of CO2 storage capacity, is set to become the premier carbon storage solution in the Rocky Mountain region.
News
December 13, 2023
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have successfully progressed the L10CCS project from the Concept Select phase, which includes various technical and economic assessments, into this next Define/FEED phase.
News
December 11, 2023
SLB and Northern Lights JV have signed a memorandum of understanding with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS).
News
December 07, 2023
Cory has committed to working exclusively with Viking CCS in relation to exploring the potential transportation and storage of the captured CO2 into the Viking CO2 transportation and storage project via ABP’s Port of Immingham.
News
December 04, 2023
Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil Corp. didn’t join in.
News
November 30, 2023
Callisto aims to develop a CCS value chain in southwestern Europe, focusing on the decarbonization of the Italian industrial areas, starting with those of Ravenna and Ferrara and the Fos-Marseille Hub in France.
News
November 29, 2023
A new report from Westwood Global Energy Group reveals that, while the UK has potential to far exceed its carbon capture and storage (CCS) targets, delays, cancellations and under-delivery still pose significant risk.
News
November 28, 2023
Aquaterra Energy will deploy its expertise in offshore platform structural analysis, brownfield engineering and asset life extension to determine the viability of the structure and guide the implementation of any necessary modifications.
News
November 28, 2023
Wintershall Dea, YPF, Argentina's national energy company, and Dow, a global materials science leader, signed a Memorandum of Understanding (MoU) to jointly assess potential carbon capture and storage (CCS) opportunities in Argentina.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.