In an economy that’s increasingly driven by green initiatives, global warming and fuel efficiency are top-of-mind topics for professionals in the oil & gas industry and the general public.
Carbon capture and storage (CCS) presents a potential solution for companies and policymakers alike, but a bevy of cost and technological considerations stand in the way of mainstream adoption.
Therefore, before CCS can truly make an impact on the market – and in turn the environment – the industry must overcome the efficiency hurdles that have slowed its adoption to date.
A few great examples of CCS stand out so far. StatoilHydro employs CCS in the Sleipner West field in the North Sea. It captures about one million tons of CO2 from natural gas per year and stores it in a saline aquifer. Both operationally and environmentally, Statoil’s CCS case study has been a tremendous success.
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