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Bayu-Undan joint venture and TIMOR GAP sign MOU for CCS

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By Santos

November 15, 2023

Project Development Capture Storage 

Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding with Timor-Leste’s national oil company TIMOR GAP to explore partnership opportunities for the proposed Bayu-Undan CCS project offshore Timor-Leste.

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enfinium has signed a Memorandum of Understanding with Eni UK to support the development of carbon capture and storage at its Parc Adfer facility in North Wales.

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Minnkota received approval of a $150 million loan to help advance its Project Tundra carbon capture initiative at the Milton R. Young Station.

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ANA has become the first airline in the world to sign a purchase agreement with 1PointFive for carbon dioxide removal credits enabled by Direct Air Capture.

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Occidental and ADNOC announced that they will evaluate investment opportunities in Direct Air Capture facilities and CO2 sequestration hubs in the United States and the United Arab Emirates.

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The Global CCS Institute welcomes the UK government’s decision to fund two additional CCUS cluster projects. The UK government has selected Acorn CCS and Viking CCS under the Track-2 cluster sequencing process.

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Carbon Upcycling Technologies Inc., a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining, has closed a US$26 million Series A funding round co-led by BDC Capital’s Climate

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Babcock & Wilcox announced that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage engineering study to convert a coal-fired power plant in Michigan to use biomass fuel.

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Saipem and Stockholm Exergi have signed a Letter of Intent for a large-scale CO2 capture plant to be installed at Stockholm Exergi’s existing bio-cogeneration plant located in the Swedish capital.

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Puro.earth and Xpansiv announced that Puro.earth CO2 Removal Certificates will be listed for trading on Xpansiv spot marketplace CBL, the largest spot exchange for trading voluntary carbon credits and renewable energy certificates.

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Mubadala Energy and Pertamina have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage applications in Indonesia.

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Octavia Carbon has agreed with Cella Mineral Storage to build a pilot DAC facility at Cella's storage plant. Operations for ‘Project Hummingbird’ are due to begin in October 2024, with plans to sell carbon credits certified by Puro.earth.

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Aemetis Carbon Capture subsidiary achieves full permitting to drill a CO2 sequestration characterization well on the 24-acre Riverbank site acquired in 2022; Site preparation and access road for drilling equipment already completed.

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GAIL and LanzaTech have entered a partnership to explore innovative technology solutions that advance GAIL’s Net Zero 2040 goals and have the potential to support wider decarbonization applications globally.

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Air Liquide will work with KBR to offer fully integrated low-carbon ammonia solutions based on Autothermal Reforming technology. The solutions provided with KBR will also contribute to the development of a global low-carbon hydrogen market.

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Aquatech announces that its evaporation process technology has been chosen for a key service within 1PointFive’s groundbreaking direct air capture plant, Stratos, located in the U.S. Permian Basin in Texas.

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The International Air Transport Association, working with Atkins, created a suite of innovative digital tools for airports to estimate the embodied carbon associated with the construction of terminal buildings and aviation assets – for the first time

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Avnos, Inc. announced it has signed multi-year strategic and investment partnerships, in excess of $80 million in aggregate, with ConocoPhillips, JetBlue Ventures, and Shell Ventures to accelerate commercialization efforts.

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Capsol Technologies has been awarded a feasibility study for the CapsolEoP® carbon capture technology at a cement plant in Northern Europe.

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Technip Energies and LanzaTech signed a Joint Collaboration Agreement to create a new pathway to sustainable ethylene utilizing their combined technologies.

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Fluor Corporation announced its MOU with Carbfix to pursue integrated CCS solutions. Together, the companies look to minimize the impacts of climate change by helping to decarbonize hard-to-abate industries with high greenhouse gas emissions.

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SAF Magazine and the Commercial Aviation Alternative Fuels Initiative (CAAFI) announced the preliminary agenda for the North American SAF Conference & Expo taking place Aug. 29-30 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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With a nominal CO₂ capture capacity of up to 36’000 tons per year when fully operational, Mammoth is a key milestone on Climeworks' ambitious scale-up plan of reaching multi-megaton capacity in the 2030s and gigaton capacity by 2050.

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As Summit Carbon Solutions continues developing the world’s largest carbon capture and sequestration project, their vision remains the same – create jobs, boost markets, and permanently store CO2. Summit Carbon Solutions is moving forward with its plan to build the world’s largest carbon capture and sequestration project. This multi-billion dollar investment will connect ethanol biorefineries across five states in the upper Midwest, Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, capture the carbon dioxide emissions from these facilities, compress these gases into a near liquid form, and transport it to North Dakota to be permanently and safely stored more than a mile underground.

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Strategic partnership aims to develop low-carbon energy solutions that facilitate the transition to net-zero emissions; including solutions such as Carbon Capture, Utilization and Storage (CCUS), green-fuels innovation and clean energy supply.

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Nuada has been awarded a £666,525.00 grant from the Department for Energy Security and Net Zero CCUS Innovation 2.0 programme to advance carbon capture in the Waste-to-Energy (WtE) industry.

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Minnkota Power Cooperative announced agreements with TC Energy, Mitsubishi Heavy Industries (MHI), and Kiewit and its affiliates moving Project Tundra into its final stage of project development.

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Aker Carbon Capture has been awarded an integration feasibility study by Söderenergi, one of Sweden’s largest district heating producers, to implement carbon capture at Igelstaverket in Södertälje.

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TotalEnergies announces the signature of an agreement with Petronas and Mitsui to develop a carbon storage project in Southeast Asia. The partners will evaluate several CO2 storage sites in the Malay Basin.

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Navigator Holdings Ltd. nnounced the signing of a non-binding memorandum of understanding with Bumi Armada Berhad to establish a joint venture company to provide CO2 shipping and injection solutions in the United Kingdom.

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