PHOTO: ENERGY & ENVIRONMENTAL RESEARCH CENTER
November 15, 2023
BY Energy and Environmental Research Center
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Renewable energy leader Drax is offering young people an exciting opportunity to develop the skills necessary to drive forward the carbon capture and storage (CCS) technologies of the future, including its groundbreaking Bioenergy with Carbon Capture and Storage (BECCS) project at Drax Power Station.
Vantaa Energy recently announced that its project has taken a step forward, with the commencement of environmental impact assessment, zoning, permitting, commercial negotiations and partner procurement phases. Petrofac delivered concept engineering for the project in 2023, engaging with seven potential storage service providers, onshore and offshore, to help Vantaa Energy identify the optimum solution.
Saipem has been awarded an offshore EPCI contract by BP Berau Ltd. The EPCI contract is part of an integrated project known as Tangguh UCC Project comprising of Ubadari field development, enhanced gas recovery through carbon capture, utilization and storage (EGR/CCUS) and onshore compression, operated by BP Berau Ltd and located in Papua Barat Province, Indonesia.
Value Group announced that it has secured Energietransitiefonds Rotterdam (‘ETF-R’) as an investor. The fund’s investment will drive the further development of the Value Hub for CO₂ offloading and processing in Rotterdam. The technology captures CO₂, stores it, and allows it to be effectively reused or stored elsewhere.
bp, on behalf of the Tangguh production sharing contract partners, announced a final investment decision on the $7 billion Tangguh Ubadari, CCUS, Compression project (UCC), which has the potential to unlock around 3 trillion cubic feet of additional gas resources in Indonesia to help meet growing energy demand in Asia.