PHOTO: LSU Media Center
December 13, 2023
BY Louisiana State University
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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.
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.
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.
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.
Senator John Hoeven announced a $5.1 million award to advance carbon capture, utilization and storage (CCUS) monitoring at the Great Plains Synfuels Plant. The monitoring and sequestration project, which is being led by the Energy & Environmental Research Center (EERC), is key to the development of commercially-viable CCUS.