Screening legacy wells can be more important than 3D seismic when picking storage areas, Elaine Campbell said. โThey provide valuable data but theyโre also likely to be the highest risk to containment,โ the Storegga official said.
In 2015, we set the goal of limiting global warming to less than 1.5 degrees Celsius. However, the latest UNFCCC estimates show that we are far exceeding this limit.
Japanese trading house Mitsui is seeking carbon storage sites across Asia Pacific as it aims to sequester 15 million tonnes per year by 2035 for companies in Japan.
Malaysian national oil company Petronas has signed a memorandum of understanding (MoU) with UK-based Storegga, a developer of carbon storage and clean fuels, to assess and determine the commercial, regulatory, and economic factors needed for the development of carbon capture and storage (CCS) hub and cluster projects in Malaysia.
The developers of the Acorn project say they hope the scheme can be online by 2027 but are wary of further delays to government support packages, as ministers met this week to discuss decarbonisation efforts.
Hydrogen partners ScottishPower and Storegga have backed Opportunity Cromarty Firthโs (OCF) green freeport bid although the carbon storage specialist is also supporting a rival Aberdeen and Peterhead harbour application.
Malaysian national oil company Petronas has signed a memorandum of understanding with Japanโs Mitsui for the conceptual and feasibility studies on the carbon capture and storage (CCS) value chain, including the evaluation of carbon dioxide (CO2) storage sites in Malaysia. Significantly, Mitsui is a shareholder in UK-based carbon management business Storegga, that is developing the Acorn CCS project.
Storegga, the company behind the Acorn CCS facility near Peterhead, has signed a โgroundbreakingโ collaboration deal with Aker Carbon Capture (OSLO: ACC).
Partners behind an ambitious plan to create 30,000 jobs across the north east have called for governments in Holyrood and Westminster to back its proposal to create a "green freeport" in Aberdeen and Peterhead.
Storegga is behind multibillion-dollar emissions-busting plans for north-east Scotland, including the Acorn carbon capture and storage (CCS) project. CEO Nick Cooper sits down with Energy Voice to assess the landscape.
The government is rightly pressing the urgency of the countryโs energy security challenge. It is imperative we also use this as an opportunity to make large and purposeful strides towards our net zero obligations. In his recent letter to the oil and gas industry - 'Accelerating investment to protect Britainโs energy security' - Kwasi Kwarteng calls for the industry to โdouble down on investments in the clean energy transitionโ. Key to this is the acceleration of our home grown decarbonisation industry.
Leaders from across the energy sector praised measures outlined in the Queenโs Speech to accelerate renewables and net zero efforts, but decried a lack of efficiency measures and short-term support for consumers.
Energy chiefs have given reassurance that while the pipeline of carbon capture and storage (CCS) projects is currently โmodestโ, it is โgrowing rapidlyโ.
ScottishPower and Storegga, the firm behind the Acorn carbon capture project, have announced a green hydrogen partnership to โtransformโ industry in the Highlands.
Storegga has signed a memorandum of understanding (MoU) with the Alliance for Sustainability Leadership in Education (EAUC), which will support its plans to build a direct air capture project in Aberdeenshire.
The head of carbon capture developer Storegga says the UK is โsitting on an opportunityโ to capitalise on its expertise and resources in deploying CCS.