The Global CCS Institute has just published its 2022 Technical Report on the State of the Art of Carbon Capture and Storage Technologies. The Report is a compendium of commercial CCS technologies from companies including (Capture) Aker, Honeywell, Saipem, Shell, (Storage) Dril-Quip and others. Companies proposing ‘full value chain’ solutions include Baker Hughes, Chevron, NOV and Schlumberger. The report has it that CCS is growing at an ‘unprecedented’ rate, and that the that the technology is ‘ready topurchase today’. Right, but at what price?
Ecotec International has taken a minority stake in natural gas compression services provider Archrock. Ecotec provides a combination of cutting-edge instrumentation and software for accurate and directly measured emissions data, auditable by third-party organizations. The deal represents an expansion into the oil and gas industry where the parties are to ‘help solve decarbonization challenges’.
CGG has joined Norway’s Centre for Geophysical Forecasting, based at the Norwegian University of Science and Technology. CGG is to apply its seismic modelling and imaging expertise to the work of the consortium, with the development and field testing of a new subsurface imaging and monitoring system targeting the energy transition. Focus areas include carbon capture and storage and geohazard monitoring and forecasting.
The Global CCS Institute has also published an analysis of the Economics of Direct Air Capture and Storage said to be a ‘focal point in climate mitigation’. The CCSI concludes that DACCS plays a unique role among technological climate mitigation options as it can function as a backstop technology, potentially avoiding climate disaster if other low-cost pathways are not realized. Low-cost DACCS, should it be realized, would reduce the total cost of decarbonization and meeting climate goals. However, ‘the cost of DACCS is uncertain’ and it needs a ‘tailored policy’ to drive down costs and assist in DACCS deployment. In other words, it will be crazy expensive, don’t hold your CO2-laden breath!
Hyzon Motors is teaming with Schlumberger to reduce emissions in upstream oil and gas operations with power generated by its heavy duty fuel cell systems. The fuel cells will be offered as a green replacement for power generation at North American land drilling rigs. The technology will be offered as a component of Schlumberger’s portfolio of Intelligent Power Management solutions with availability scheduled for Q4 2022.
The US National Science Foundation has issued Program Solicitation NSF 22-612 covering ‘Paleo Perspectives on Present and Projected Climate (P4CLIMATE). Proposals from researchers are sought to ‘improve understanding of processes, drivers, and feedbacks of climate variability at seasonal and regional scales’ with reference to past climate variability and regional trends. Funding of $14 million per year is on the table.
Subsequent to UK’s first ever carbon storage licensing round earlier this year, the UK North Sea Transition Authority has added some 132 terabytes of seismic data to its online National Data Repository, ‘boosting the search for carbon storage sites, wind farm locations and’ (oh yes, nearly forgot), ‘potential hydrocarbon fields’. More in the release. The data has been made is said to be ‘processing ready’ thanks to pre-processing by Moveout Data.
Flowserve has been awarded a contract to provide control valves for a portion of Norway’s first cross-border and ‘open-source’ carbon capture and storage facility. Flowserve will provide its Flowtop and Mark One control valves for the facility’s onshore site in the Bergen region. CO2 will then be transported offshore and stored permanently below the seabed. Once completed (in 2024), the facility will have the ability to potentially store ‘the equivalent of 1,000 years of Norwegian emissions’. More from Flowserve.
P2 has upgraded its Merrick
suite to align its data capture and reporting functions with the New
Mexico Energy, Minerals and Natural Resources Department’s Oil
Conservation Commission’s (OCC) July 2020 rule that regulates the
venting and flaring of natural gas from wells, production equipment,
and facilities. More from P2 Merrick.
Project Canary has entered a strategic arrangement with Quantum Energy Partners to improve ESG performance across the energy industry. The collaboration combines Quantum’s sustainability-linked investment initiatives and Project Canary’s ‘ESG 2.0’ emissions monitoring solutions.
Shell Fleet Solutions has announced a new Accelerate to Zero
program to drive Shell’s customers’ fleet decarbonization. The offering
combines consultancy, mobility solutions and industry know-how in
support of ‘net-zero emissions journeys’.
Williams is to collaborate with Cheniere Energy and other natural gas midstream companies, methane detection technology providers and academic institutions to implement quantification, monitoring, reporting and verification of greenhouse gas emissions at natural gas gathering, processing, transmission, and storage systems. This collaboration with Cheniere will improve the overall understanding of GHG emissions and further the deployment of monitoring technologies and protocols to enhance clean energy supply and delivery for Williams and its customers. More in the release.
© Oil IT Journal - all rights reserved.