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Extinct offshore volcano could store gigatons of carbon dioxide

Schematic cross-section of the Fontanelas volcano, indicating possible sites for carbon dioxide sequestration. // Pereira and Gamboa, 2023

November 14, 2023

BY The Geological Society of America, GSA Science Communication Fellow Laura Fattaruso

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PGS Commences 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin

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By PGS

April 03, 2024

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PGS, together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient 3D seismic project located in the Penyu Basin, offshore Peninsular Malaysia. The Ramform Sovereign vessel was mobilized to the acquisition area in March 2024 and the area coverage is approximately 7,800 square kilometers. Acquisition completion is anticipated in July 2024, and processing completion is projected for June 2025.

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PETRONAS recently signed a Joint Study Agreement with JERA Co., Inc, to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide emitted by JERA in Japan, cross-border transportation, and CO2 storage in Malaysia. This agreement will strengthen the collaboration and contribute towards building a global network for cross-border CO2 transport and storage.

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Canadian Natural, on behalf of the Pathways Alliance, begins regulatory applications to the Alberta Energy Regulator; seeking approvals for Pathways CO2 transportation network and storage hub project.

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Tenaska officially announced the Longleaf CCS Hub, a carbon capture and storage (CCS) project planned for Mobile County. The facility will provide an innovative business solution to assist manufacturers, power plants, industrial processors and other industries in South Alabama in meeting emissions regulations and climate mandates.

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Net Zero Teesside Power and the Northern Endurance Partnership have selected contractors for engineering, procurement, and construction contracts with a combined value of around £4bn.

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