UK can do better at CCUS, event hears
No CO2 has been sequestered, no FID has been taken and no commercial scale projects are in operation. At the event, speakers set out their hopes for projects to reach FID by this time in 2024.
enhanced oil recovery (EOR)
Exxon to buy Denbury for $4.9bn in CO2 pipeline push
Denbury’s Rocky Mountain assets are connected to Exxon’s Shute Creek gas facility near LaBarge, Wyoming, which has captured more carbon than any other asset in the US.
Adnoc stakes its claim to meet the world’s energy needs
Adnoc has the goal of being the world’s lowest-cost oil producer of choice. Unlike some of its IOC competitors, struggling to come to terms with the demands of meeting today’s energy needs and tomorrow’s transition, it is willing to put the money in.
GlassPoint returns with decarbonisation vision
When GlassPoint succumbed to bankruptcy in 2020 the vision of solar-powered steam production seemed to have come to a close.
Sinopec eyes Algeria licence extension
Sinopec has signed a memorandum of understanding (MoU) with Sonatrach, with a focus on its Zarzaitine licence.
Shell seeks to divest Malaysia assets
Shell is seeking to divest its non-operated interests in the amended 2011 Baram Delta enhanced oil recovery (EOR) production-sharing contract (PSC) and the SK 307 PSC, both offshore Sarawak in Malaysia.
Kariya eyes EOR, small-scale LNG in West Africa
Recently launched Kariya Energy intends to sign up marginal fields in West Africa, the company’s director Gerd Nji has said.