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 work scope for the project runs through year-end 2027. -
A new type of skid-mounted production facility was deployed on a pad in Weld County, Colorado, and demonstrated elimination of emissions, improved operational efficiency, and an increased crude yield of 11.3%.
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The funding is aimed at helping connect sources of carbon dioxide to locations for geologic storage and conversion through multiple transport modes.
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The research could improve climate models and inform carbon sequestration.
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The hub acreage is located in state waters of Cameron Parish.
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Fourteen companies scooped up the licenses to sequester carbon in depleted oil and gas reservoirs and saline aquifers offshore UK.
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The $1-billion carbon capture project in Texas is revived after a 3-year hiatus.
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Government and industry leaders support the oil and gas industry's role in the energy transition.
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The Habshan project aims to capture and sequester 1.5 million tonnes of carbon dioxide per year.
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While innovative solutions are being examined for decarbonization, there is one topic that is rarely emphasized as a key driver in the path toward a more-sustainable future—brownfield optimization.
