Page 19 - EurOil Week 48 2020
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EurOil                                      NEWS IN BRIEF                                             EurOil


       integration of system components and   Norway where Aker Carbon Capture will   The move supported deep cuts by
       their design and delivery, as well as Aker   deliver a carbon-capture plant using the   the OPEC+ group, which comprises the
       Carbon Capture’s amine technology and   company’s patented and HSE-friendly   Organization of the Petroleum Exporting
       efficient carbon-capture process design.  CCS technology. Subject to parliamentary   Countries, Russia and several other
         “We are very pleased to formalize our   approval of the funding, this will represent   countries, but not Norway.
       good relationship with MAN Energy   the first time that CCS will have been   The group is meeting again this week to
       Solutions in the form of a technology-  deployed at scale at a cement factory   negotiate further cuts.
       cooperation agreement. Through this   anywhere in the world.               “Norway is not part of OPEC+ and is not
       partnership, we intend to further improve                                invited to this meeting,” the energy ministry
       the process efficiency and thereby lower                                 said on Tuesday.
       the cost of carbon capture to the benefit   North Sea reservoir confirmed   “The measures taken by OPEC+ and other
       of our clients and the environment,” said                                countries during the pandemic have been
       Valborg Lundegaard, CEO of Aker Carbon   suitable for CO2 storage        crucial and successful in stabilising the oil
       Capture, a company created recently as                                   market to the benefit for both producers and
       an Aker Solutions spinoff. Aker Carbon   A Danish North Sea reservoir and   consumers,” it said.
       Capture has plans to secure firm contracts   infrastructure have been determined suitable
       for carbon capture plants for a total of   for geological CO2 storage, as part of the
       10mn tonnes per year by the end of 2025.  Project Greensand with Wintershall Dea,   Eni, Enel looking into
         “Carbon capture and storage will play a   Ineos, and Maersk Drilling as its members.
       major role in a decarbonized future. This   Danish drilling contractor Maersk   hydrogen cooperation
       technology contributes both to reducing   Drilling joined the CO2 storage project
       emissions in key sectors directly, and to   in June 2020. The drilling contractor   Energy players Enel and Eni have teamed up
       removing CO2 to balance unavoidable   expects that its offshore rigs will be used to   to develop green hydrogen projects.
       emissions, which is critical with regard to   repurpose the existing oil and gas wells for   The two companies are planning
       the targets of the Paris Agreement,” stated   CO2 injection.             to produce green hydrogen through
       Dr Uwe Lauber, CEO of MAN Energy       In an update on November 25, Maersk   electrolyzers powered by renewable energy,
       Solutions. “As experienced forerunners in   said that the mission to store CO2 beneath   Eni said in its statement on December 2.
       the CCS field, we will build on our well-  the Danish North Sea has cleared the first   The electrolysers will be located near two
       founded knowhow and work together on   major hurdle after the intended subsea   of the Eni refineries where green hydrogen
       new, energy-efficient, environmentally-  reservoir in the North Sea was confirmed   appears to be the best decarbonization
       friendly CCS-technology solutions.”  feasible for CO2 injection by independent   option. Each of the two pilot projects will
         With CCS, captured CO2 is compressed   certification body DNV GL to the   feature an electrolyzer of around 10 MW
       before being liquefied and transported   endorsement of Danish authorities..  and are expected to start generating green
       to a permanent-storage location. The                                     hydrogen by 2022-2023.
       two companies aim to develop carbon                                        Francesco Starace, Enel Group CEO and
       capture solutions that require less energy.   Norwegian oil cuts to end   general manager, said, “We are interested
       The transfer of heat is key for CO2-                                     in exploring with Eni the promising green
       capture plants’ improved, overall power-  Dec 31                         hydrogen sector. Together, we identified a
       consumption with MAN Energy Solutions                                    couple of sites where we can start with the
       able to recover heat from its compression   Norway’s oil output curbs, in place since June,   first projects. The overall system we have
       systems. Hence, the steam generated will   are set to end on December 31, the Ministry   in mind will be working as a closed-loop
       cover nearly 50% of the power demand for   of Petroleum and Energy said on December 1.  whereby the electrolyzer fed by renewable
       Aker Carbon Capture’s capture plant.   “The Norwegian regulation will expire at   energy and the refinery will be at the same
         The technology-cooperation agreement   the end of the year,” the ministry said in a   location, therefore avoiding the construction
       will run for seven years and forms the basis  statement.                 of complex transport infrastructure to move
       for project deliveries to carbon-capture   Following a sharp drop in crude prices   hydrogen around.”.
       plants.                             in early 2020 as the coronavirus pandemic
         Solutions will be applicable for   hit demand, Norway in April announced
       large facilities, such as the Heidelberg   it would slash output for the final seven
       Cement Norcem cement plant in Brevik,   months of the year.


























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