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Bayou Bend CCS selects Sulmara for offshore geophysical survey at the Bayou Bend

PHOTO: Sulmara

April 16, 2024

BY Sulmara

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20 Teams Bring Cutting-Edge Solutions to XPRIZE Carbon Removal Final

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By XPRIZE Foundation

9 minutes ago

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XPRIZE has announced the 20 finalist teams selected to compete in the last stage of XPRIZE Carbon Removal. Now in the final stages of testing, XPRIZE Carbon Removal has challenged the final 20 teams to remove 1,000 net tons of CO2 during the final year of the competition.

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CGG has signed a Memorandum of Understanding with Baker Hughes to facilitate the parties exploring jointly offered carbon capture & storage (CCS) solutions. The collaboration and proposed commercial alliance intends to support the rapid increase of CCS projects that is underway by providing high-quality and fully integrated end-to-end solutions to screen, select, characterize and monitor potential carbon storage sites worldwide.

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TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies. In particular, the two companies plan to combine their R&D expertise in biofuels, green hydrogen, CCUS and decarbonization.

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Veolia has partnered with UK biotechnology startup, FabricNano, to apply enzymes to rocks to trial faster, permanent carbon dioxide removal directly from the atmosphere. With this world-first trial pairing biology with geology to accelerate rock weathering for carbon sequestration, Veolia aims to reduce the energy consumption, emissions and timescales for carbon removal by utilizing enzymes to accelerate the natural weathering process.

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Stockholm Exergi announced that it has signed a contract with Microsoft covering 3.33 million tons of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement represents the world's largest permanent removals deal to date.

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