Carbon capture and storage
The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
BlackRock’s Global Infrastructure Partners moves to buy nearly half of the stake in Eni's CCUS subsidiary.
From 26 to 27 August, industry executives, policymakers, financiers, researchers, and technologists will gather in Malaysia to explore the full potential of CCUS.
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Denbury gains exclusive rights to develop the site on 75,000 acres near Mobile, Alabama. -
The Gulf of Mexico explorer is building off its offshore learnings to scoop up early carbon capture and sequestrations projects on the US Gulf Coast.
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SponsoredImprove decision making and reduce the uncertainty of CCS projects with accurate, detailed subsurface insights that help you estimate storage capacity, run play chance mapping, improve your injection strategy, and simulate carbon plumes over time.
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The facility will be a commercial-scale CO2 sequestration hub in the DJ Basin.
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Exxon sets its sights on zero, while Thyssenkrupp aims squarely at hydrogen. The wind blows the world over, and the struggle to grab carbon and put it back in the ground continues. Are you trying to stay up to date about developments aimed at energy-transition efforts in our industry? This roundup of news recaps some recent announcements.
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The announcement means that the megascale carbon capture and storage project now has 14 large industrial players behind it. Still, it remains unclear when the project might get under way.
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Equinor will use the semisubmersible rig Transocean Enabler, which is already under contract, for the work planned for later this year.
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The largest oil company in the US said it's prepared to make a $15-billion down payment to achieve net-zero operational emissions by 2050.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
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SPE Canada held its first carbon capture, utilization, and sequestration (CCUS) workshop in May 2021. The workshop in Calgary enabled SPE members, CCUS-focused entrepreneurs, finance providers, and policy makers to share knowledge related to emissions issues, policy, economics, technology development, and geologic considerations.
