Decarbonization
A DNV report on decarbonization says the Middle East and North Africa region is expected to become the world’s largest hydrogen exporter by 2060 while maintaining a dominant position in global oil and gas markets.
A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
The North Sea Transition Authority has updated its UKCS Well Applications and Consents Guidance to include the process for applying for consent to drill carbon-storage wells.
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The authors of this paper propose hybrid models, combining machine learning and a physics-based approach, for rapid production forecasting and reservoir-connectivity characterization using routine injection or production and pressure data.
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In this paper, a dynamic multiphase-flow simulator is used to evaluate the effectiveness and suitability of using a subsea capping stack to respond to a CO₂ well blowout.
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Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
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The institute is tasked with accelerating the deployment and scaling of cost-effective climate technology.
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Ineos, the day-to-day operator of Greensand Future, with its partners Harbour Energy and Nordsøfonden, has made a final investment decision into the first commercial phase, with storage operations set to begin by early 2026.
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The drilling contractor is spending big to deploy natural-gas-powered microgrids and battery storage.
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Permits for the East Side Cluster carbon storage project have been awarded, and participants have begun announcing final investment decisions.
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The upstream oil and gas sector alone could cut as much as 4% of global greenhouse-gas emissions, according to a report from McKinsey. But this will take worldwide cooperation among industry players and capital investors.
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Sharing state-of-the-art design and troubleshooting methods, the workshop identified future separation needs and gap statements and proposed how to close the gaps.
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This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.