Carbon Capture
News
February 20, 2023
The MoU covers several areas such as the development, financing, and funding of a complete value chain for CO2 handling. If Horisont Energi´s and Neptune Energy´s application for CO2 exploration for the Errai project is awarded, the intention is that this will be the first joint project.
News
February 16, 2023
The study will focus on the decarbonization of the LNG terminal in IDKU operated by Shell through capturing and storing the carbon dioxide in a depleted reservoir in the Abu Qir offshore concession operated by Energean.
News
February 13, 2023
Liz Klein, the new Director of the Bureau of Ocean Energy Management, takes over at a critical time as her agency makes decisions about where to install ocean wind farms, how to safely store carbon dioxide under the sea floor and the future of oil drilling in the Gulf of Mexico.
News
February 08, 2023
The resumption would mark a significant step forward for U.S. carbon capture, providing a new lease of life for a project that critics saw as one of the industry’s highest-profile failures.
News
February 07, 2023
The acreage includes the Harald gas fields, for which the company is already assessing CO2 storage opportunities within the framework of the Bifrost project, as well as a saline aquifer that could increase CO2 storage volumes and bring a competitive solution to the market.
News
February 06, 2023
Rao’s proposed pilot project recently received a grant from LSU’s LIFT2 program, which moves innovative concepts closer to commercialization. His LIFT2 project would initially convert orphan wells to carbon-neutral production wells through GAGD-process adaptation.
News
February 01, 2023
Under current projections, the project has the capacity to store up to one gigaton of CO2 - which equates to roughly three years’ worth of UK CO2 current emissions.
News
February 01, 2023
The Barents Blue concept is to make ammonia from natural gas from the Barents Sea, capture the CO2 and store it under the seabed. The Polaris CO2 storage under the Barents Sea was selected as the CO2 storage solution for the Barents Blue project.
News
January 30, 2023
Equinor awarded a front-end engineering design (FEED) contract the low-carbon hydrogen production plan H2H Saltend to Linde Engineering. Equinor also awarded an operation and maintenance service contract to Linde company BOC.
News
January 30, 2023
The low-carbon hydrogen, ammonia and carbon capture facility in Baytown, Texas, will produce 1 billion ft. of low-carbon hydrogen per day. It will also capture over 98% of related CO2 emissions, which is around 7 million metric tons per year.
News
January 27, 2023
The deals state that both companies will define the maturation of technical scopes for the CCS value chain. They will jointly evaluate previously identified fields for CO2 storage utilization while developing a commercial framework.
News
January 19, 2023
The project, which is expected to begin injecting CO2 in Q2 2023, marks another important step in ADNOC’s commitment to decarbonize its operations, reduce its carbon intensity by 25% by 2030 and deliver on its net zero by 2050 ambition.
News
January 17, 2023
The project, due to commence in January 2023, will use 44.01’s Earthshot prize-winning Carbon Capture and Mineralization technology to eliminate CO2 from the atmosphere. It will be the first CCM project by an energy company in the Middle East.
News
January 16, 2023
Wintershall Dea is a partner in the Greensand project, which will see the entire CSS value chain realized across borders to an offshore storage site for the first time on the European continent.
News
January 05, 2023
ADNOC will make the investments, according to the government. The state-owned company will look at international partnerships and carbon capture to expand a cleaner-energy unit established last year.
News
January 04, 2023
The proposed carbon storage hub would be connected to a transportation line that would initially gather captured CO2 from an anticipated 14 oil sands facilities in the Fort McMurray, Christina Lake and Cold Lake regions.
News
January 03, 2023
Building on its broad experience in liquefied natural gas and offshore technologies, Baker Hughes will deliver a state-of-the-art compression solution with minimized footprint and weight, as well as a power density allowing for larger flows per unit and best-in-class efficiency.
News
December 29, 2022
The agreement will see the companies examine the potential to supply renewable electricity from Ørsted’s Hornsea offshore windfarm projects to power future Neptune-operated hubs in the UK North Sea.
News
December 27, 2022
Talos will have more favorable interest rate margins, an increased letters of credit sub-limit, increased flexibility to grow its carbon capture and sequestration ("CCS") business and more favorable administrative terms.
News
December 20, 2022
Carbon-Zero US, Cox Operating, Crescent Midstream and Repsol announced a partnership to develop one of the Gulf Coast's largest offshore hubs for the permanent storage of carbon dioxide.
News
December 15, 2022
The DOE announced $3.7 billion of funding to back projects that remove carbon dioxide from the atmosphere. The programs now open the door to the use of taxpayer dollars to fund carbon capture projects that produce fossil fuels through a process known as enhanced oil recovery. It’s a significant shift that promises more funding options for crude production.