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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Texas A&M University-Qatar in collaboration with the SPE Qatar Section conducted a 2-day virtual workshop on flow assurance, carbon reduction, and digitalization. Participants included more than 200 professionals associated with academia, research institutes, and industry from 23 countries.
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Deployment of Mosaic DAC pilot units are envisaged for a pair of HIF eFuel facilities.
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Dow, X-energy join forces to supply nuclear power to Gulf Coast plant, while NuScale gets the go-ahead from western cities to build reactor despite cost increases.
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The first direct air capture facility will debut a few months late, but that’s not a big concern for its developer.
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Dealmaking has picked up steam, especially by Oxy. Many of the announced deals by Oxy and others are in Texas and in the Gulf Coast region.
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The authors describe implementation of permanent-magnet-motor technology in different artificial lift systems that has resulted in power savings of more than 15% and lifting-cost optimization.
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Recently published research suggests that carbon dioxide stored underground will stay there for millions of years.
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The funding is for 33 research and development projects which will tackle the technical challenges of capturing CO2.
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Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.
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The authors of this paper show the migration of a CO2 plume within a depleted carbonate reservoir and the expected effects of CO2 saturation and pressure buildups during injection on time lapse 4D seismic for conformance monitoring.