Carbon capture and storage
Following the start of injection in August, Northern Lights has issued the first set of certificates documenting that the carbon dioxide captured from the Heidelberg Materials cement factory has been transported and stored permanently in the Aurora reservoir.
As COP30 wrapped up in Brazil, the country finds itself at an inflection point, positioned to deliver South America’s first carbon-dioxide injection by mid-2026.
The 14 available locations are estimated to be able to provide up to 2 gigatonnes of additional carbon-dioxide storage capacity.
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The deal with Manulife gives Oxy unit 1PointFive access to 27,000 acres of subsurface pore space for carbon sequestration. -
The new areas are expected to make a significant contribution to the government’s target of capturing and storing 20 million–30 million tonnes of carbon dioxide per year.
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Sempra lands partners for a CCS deal in Louisiana, while Shell eyes newbuild ships for CCS transport. An offshore alliance targets floating wind technology, and global hydrogen projects gain momentum in the UAE, Africa, and Brazil.
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Chevron, Talos, and Carbonvert have finished the documentation and closed the joint venture for the carbon capture and storage project on the Gulf of Mexico coast.
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What You Should Know About Offshore and Sour Gas CCS: High Cost, Leak Mitigation, and TransportationSoutheast Asia promises to be a compelling case study in how oil and gas producers will soon face the realities of scaling up carbon capture and storage projects.
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Hydrogen fuels, storage, and production projects are on the go, while CCS and wind projects receive significant international boosts from the likes of INPEX, Chevron, Equinor, and Eni and Amazon splashes cash for more than three dozen renewables projects.
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The companies plan to capture CO2 from Linde's hydrogen liquefication plant in the Houston area and inject it into multiple storage sites.
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Will CO2 storage resources increase the valuation of oil and gas companies and counterbalance environmental, social, and governance pressure?
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The two companies will focus on carbon capture technology along with carbon utilization and hydrogen production.
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As the announcement of carbon sequestration projects becomes the norm, it’s time we look at what we know from a technical angle about how these projects need to be run based on the industry’s experience with enhanced oil recovery.
