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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Total is stepping up its research into carbon capture, utilization, and storage technologies by signing a multiyear partnership with UK startup Cambridge Quantum Computing. This partnership aims to develop new quantum algorithms to improve materials for carbon capture. -
An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.
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Scientists have developed a new type of self-assembling silver membrane that could be used to capture carbon dioxide emissions before they have a chance to spread in the atmosphere.
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Proposal requests were sent to companies to solicit partnerships for the project with ADNOC and ADPower.
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The company’s departure from the Independent Petroleum Association of America is in line with its climate roadmap.
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Equinor and partners Shell and Total have completed the drilling of a confirmation well south of the Troll field in the North Sea. The purpose of the well is to determine the suitability of the reservoir for carbon dioxide storage.
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Salk’s Harnessing Plants Initiative will receive a $12.5 million gift from Hess to advance two projects to enhance plants’ natural ability to store carbon and mitigate the effects of climate change: the CO2 Removal on a Planetary Scale (CRoPS) program and the Coastal Plant Restoration (CPR) program.
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BP, ENI, Equinor, Shell and Total to develop Net Zero Teesside Project. The project aims to capture 6 mtpa of CO2 emissions.
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The Technology Outlook report from DNV GL identifies three technologies that have the potential to decarbonize carbon-dioxide-heavy industries significantly by 2030: new battery storage chemistries, high-temperature heat pumps, and green hydrogen.
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In the past, carbon capture and sequestration seemed to be going nowhere. Today, according to the Global CCS Institute, 19 large-scale commercial carbon capture and sequestration facilities are operating around the world, 10 of which are in the US.
