Carbon Capture

News
November 17, 2024
Baker Hughes and SOCAR have announced the signing of a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan.
News
November 12, 2024
INEOS and Royal Wagenborg have signed a landmark agreement on the delivery of CO2 transportation. This multi-year agreement will see Royal Wagenborg supply a newly built CO₂ carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.
News
November 11, 2024
AGR’s reservoir management and subsurface team were selected by Norwegian E&P company Aker BP to conduct an independent third-party technical peer review of two carbon storage licenses in the Norwegian North Sea. 
Article
October 2024
Carbon capture and storage (CCS) presents both opportunities and challenges for companies with experience in the hydrocarbon sector. With net zero targets looming large, how can efficiencies be improved and costs reduced for CCS projects? 
News
November 03, 2024
DNV Inspection, an independent assurance and risk management provider, has set its sights on aggressive growth in the low-carbon energy space following a run of contract wins in recent years.  
News
October 31, 2024
Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to ADNOC's Hail and Ghasha project. Located in the UAE, the project is one of the world’s largest offshore sour gas developments and aims to operate with net zero emissions.  
Article
October 2024
The oil and gas industry has used CO2 for enhanced oil recovery (EOR) in mature reservoirs for 50 years. Now, as CCUS becomes a critical part of the industry's decarbonization strategy, lessons learned from EOR can help solve CO2-related subsurface challenges. 
News
October 24, 2024
(WO) — Eni and KKR have signed an agreement under which KKR will take a 25% stake in Enilive’s share capital, for a total of $3.2 billion. The transaction brings together both companies' expertise to strengthen their energy businesses.
News
October 23, 2024
(WO) — BiSN, the global provider of wel-lok™ sealing solutions, has achieved a significant milestone by reaching 500 commercial deployments of its bismuth-based sealing technology.
News
October 16, 2024
Wood is leading a joint industry partnership to create industry guidelines for CO2 specifications to accelerate sustainable Carbon Capture, Utilization and Storage (CCUS) projects.
News
October 03, 2024
1PointFive, a subsidiary of Occidental, has secured $36 million in funding from the U.S. Department of Energy (DOE) to develop two carbon sequestration hubs in Texas and Louisiana.
News
September 16, 2024
The new name reflects the company’s focus on scaling up existing carbon capture technologies as well as its commitment to invest in research and development to ensure a pipeline of cutting-edge solutions that meet the evolving needs of industries worldwide.
News
September 10, 2024
The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
News
September 09, 2024
The UK government’s newly announced proposal to grant carbon dioxide transport and storage licenses to Liverpool Bay CCS Limited (Hynet) and Net Zero North Sea Storage Limited - the East Coast Cluster round Humberside and Teesside as been welcomed by the country’s largest offshore trade group.
News
September 05, 2024
The oil major plans to take as much as 2 million tons of CO2 emissions from CF Industries Holdings Inc.’s ammonia plant in Donaldsonville, Louisiana, and pump them into permanent storage in rock formations deep below the ground.
News
September 04, 2024
Worley and researchers at Princeton University’s Andlinger Center for Energy and the Environment have identified that a lack of trust between project stakeholders is slowing the pace of infrastructure delivery that is critical to net zero.
News
August 27, 2024
SLB’s new methodology for quantifying the probability and potential impact of carbon leakage helps customers understand the risks associated with each well, informing remediation strategies and ultimately estimating the project's long-term viability.
News
August 23, 2024
BP Berau Ltd. (bp) and Chubu Electric Power have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan's Port of Nagoya and the Tangguh field in Papua Barat, Indonesia.
News
August 22, 2024
The G-18-AP permit is offshore from Onslow, Western Australia, and covers an area of approximately 8,467 km2 with water depths of 50-1100 m. The permit area will be evaluated as part of a hub for storing third party emissions, including those from Chevron’s operated LNG assets.
News
August 20, 2024
The agreement is targeting at least 5 MMtpa of CO2 capture and storage capacity by 2030. Its scope includes a CO2 shipping and logistics study, geophysical and geomechanical modelling, reservoir simulation and containment research while exploring the application of advanced technologies, including artificial intelligence (AI), to enhance storage capacity.
News
August 15, 2024
Canada’s new green technology fund is putting as much as $100 million into a carbon-capture firm that’s backed by Chevron Corp. to help it commercialize its technology.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.