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The solution helps customers avoid suboptimal storage sites with risk factors that can waste valuable time and resources as well as decrease the probability of a carbon capture, utilization and storage (CCUS) project reaching final investment decision.
North Sea Transition Authority reveals that 14 companies have accepted licenses awarded through the UK’s first-ever carbon storage licensing round
A total of 14 companies have been awarded 21 licenses in depleted oil and gas reservoirs and saline aquifers which cover around 12,000 km2 – an area equivalent to the size of Yorkshire.
VettaFi discusses Exxon and Occidental’s carbon capture plans and positive readthrough for midstream.
G20 Fossil Fuel Proposal: The G20 energy ministers meeting in July had accepted encouraging mature clean energy technologies including carbon capture utilisation and storage (CCUS). CCUS can be used to capture carbon generated during coal-based electricity generation, but it is still very expensive.