Carbon capture and storage
Permits and some FIDs reached for CO2 projects, with construction expected to begin in 2025.
DNV has certified the feasibility of ADNOC’s West Aquifer carbon dioxide storage site in the UAE, marking a significant milestone in the Middle East’s carbon capture and storage efforts.
The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations. -
The partnership between GLJ and Energy Fuse Group aims to leverage the expertise of both companies in project management, operational design, and subsurface and commercial evaluations to facilitate effective CO2 storage solutions.
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A new type of porous material called a covalent organic framework quickly sucks up carbon dioxide from ambient air.
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With emissions mineralization established as a proven approach, the companies’ next objective is to move the underlying technology toward commercial success.
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The road to a low-carbon world is paved with more than just shiny new facilities and the promise to deliver impressive CO₂ reductions from the atmosphere. Without the software to site, monitor, and maintain those facilities, the drive for net zero would be stuck in neutral.
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Consulting and engineering firm Wood is leading a joint industry partnership to create industry guidelines for carbon dioxide specifications to accelerate sustainable carbon capture, use, and storage projects.
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The $220-million carbon capture and storage project is one of the world's largest, with a nameplate injection capacity of 1.7 mtpa.
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The agreement with state officials comes more than 3 years after the supermajor proposed building the world's largest carbon storage hub offshore the Houston area.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.
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Occidental’s 1PointFive will receive up to $500 million from the Office of Clean Energy Demonstrations for the carbon-capture facility in south Texas.
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