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 describe a three-way coupled modeling approach that integrates dynamic, geochemistry, and geomechanics models to obtain cumulative effects of all three changes to evaluate future carbon dioxide storage. -
The authors of this paper investigate the risk of containment loss for a leaking well using a 1-sq-mile section of the Denver-Julesburg Basin.
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This study evaluates well integrity and CO2-leakage risk in wells penetrating a CO2 storage reservoir in Malaysia.
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This paper presents results from evaluating the rate of thermal energy that can be extracted under various completion scenarios in end-of-life oil and gas wells using a transient flow simulator.
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Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.
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A consortium of 20 organizations, REX-CO2, including research institutions, operators, and regulatory authorities, studied mature wells in two areas of the UK Continental Shelf. Subsurface data were evaluated and verified the wells’ potential suitability for both reuse and CO2 injection and storage.
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The CO2 capture capacity of all CCS facilities under development increased 44% over the past 12 months, bringing the total capacity of those projects to 244 mtpa of CO2.
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A duo of deals sees BP snapping up a US biogas producer, while TC Energy invests in producing biogas from Jack Daniel's byproducts.
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The US giant joins CF Industries and EnLink on a development that could capture and permanently store 2 million metric tons of carbon dioxide starting in 2025.
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Occidental Petroleum is considered one of the upstream industry’s most dynamic companies after making major investments to boost oil and gas production while also scaling up low-carbon technologies.
