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 test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea. -
The storage permits, the first of their kind, allow the Stratos facility to move forward with plans to capture and store up to 500,000 tonnes of carbon dioxide per year.
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This paper aims to provide insights to address the challenge of identifying the optimal point within the gas-processing lineup for recovering a high-purity CO₂ stream suitable for sequestration.
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The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
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This paper introduces a novel optimization framework to address CO2 injection strategies under geomechanical risks using a Fourier neural operator-based deep-learning model.
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The agreement aims to bring the efforts of both companies together to advance digital-enabled carbon-free floating power generation.
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Industry leaders say they believe oil and gas will continue to play a pivotal role in the energy mix in the lengthening energy transition timeline.
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Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
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This study highlights how the recovery and reuse of existing hydrocarbon infrastructure can contribute to the diffusion of district-heating projects that implement the principles of the circular economy.
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Transitioning to a low-carbon economy demands large-scale CO2, natural gas, and hydrogen storage. In this context, the application of AI/ML technology to uncover geochemical, microbial, geomechanical, and hydraulic mechanisms related to storage and solve complicated history-matching and optimization problems, thereby enhancing storage efficiency, has been prominently …
