Industry heavyweight Shell has joined a research project aimed at investigating mechanisms for creating a CO2 driven enhanced oil recovery (CO2-EOR) industry in the North Sea.
It’s hoped CO2-EOR will improve recovery from depleted oil field using CO2 captured from power plants and the wider industry.
A range of powerhouses have signed on to support the project. Scottish Carbon Capture & Storage (SCCS), JIP partners, the Scottish Government, Scottish Enterprise, 2Co Energy and Nexen Petroleum UK Ltd are all playing a role in the research.
SCCS Director, Prof Stuart Haszeldine, said: “We are delighted to welcome Shell to the project as we move into a second phase of research. Not only are they global leaders in CCS development, but they will also bring unrivalled technical capabilities and understanding to the JIP through their oil and gas expertise, especially in the North Sea. This will enable us to significantly build on learnings from the first phase of the project.”
The project was tailored to better understand how CO2 can extend the North Sea’s operating life. The first phase of the research includes analyzing how legal, regulatory frameworks and taxation affect the process.
It will also examine how CO2-EOR is perceived by the government, regulators, NGOs, the public and other stakeholders.