carbon capture and storage
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To reach their targets for carbon neutrality, many oil and gas producers are investing in other energy industries. This US company will instead get there by investing more in its oil fields.
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As part of the agreement, Baker Hughes will accelerate the development of Compact Carbon Capture’s technology, aiming for global commercial deployment.
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To go big on capturing CO2, the oilfield service company is acquiring a company that specializes in going small.
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The LNG project includes development of offshore gas fields in Mozambique’s Area 1 and a liquefaction plant with a capacity in excess of 12 mtpa. The gas turbines are slated for delivery in 2H 2021 and 1H 2022, and the compressors are expected in 2021.
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The memorandum of understanding with Microsoft follows a conditional investment decision in May that Equinor, Shell, and Total made for the carbon capture and storage project.
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The memorandum of understanding with Microsoft follows a conditional investment decision made in May by Equinor, Shell, and Total. Pending Norwegian government approval, the final investment decision for the project is expected in late 2020 with startup expected in 2024.
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Eni plans to reuse depleted hydrocarbon reservoirs in Liverpool Bay to permanently store CO2 captured in northwest England and North Wales.
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The author of The Prize talked recently about his newest book on the energy transition and what he sees as the most dynamic forces shaping the things to come.
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DNO announced that it has brought its gas capture and injection program online in the Kurdistan region of Iraq. Already reaching the milestone of 1 Bcf of gas injected, the project is expected to reduce annual emissions from the company’s production by more than 300,000 tonnes of CO2 equivalent.
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The project aims to identify risks and conduct operability and safety evaluations for the world’s first attempt at capturing carbon dioxide at sea.