CCUS technology and direct air capture are critical to industrial decarbonization
Some Industrial processes in the global economy cannot decarbonize without CCUS
CCUS (Carbon capture utilization and storage) may be the only way we can address the nearly 25% of point source industrial emissions that cannot be avoided by moving to alternative fuels because emissions come from fossil-fuel intensive industrial processes using natural gas or oil.
To meet the Paris Agreement climate goals, CCUS needs to grow exponentially
In 2020 there were only 26 active CCUS projects. According to the IEA’s Sustainable Development Scenario, CCUS capacity will have to increase from roughly 40 million tons of carbon dioxide (CO2) today to a capacity of 7.6 Giga tons of CO2 by 2050 to meet our climate change goals.
There is no one-size-fits-all technology for carbon dioxide removal
Despite its long history and relative maturity, the application of carbon capture technology still involves the uncertainties associated with emerging renewable and low-carbon technologies. Emitters will need a mix of CCUS technologies to meet point source emissions reduction needs and climate goals over the next decade, whether in the US, China, or Europe.
We are investing today in the carbon capture and storage solutions of tomorrow
Hans-sChmid Energy SA and Horisont Energi explore offshore carbon capture, transportation, and storage
This groundbreaking memorandum of understanding (MoU) will jointly explore development and integration of CCUS technologies for the Polaris carbon storage project in Norway and collaborate on new processes and technologies across the value chain.
Exclusive mixed salt process technology licensed from SRI International
Mixed salt process technology unlocks significant carbon capture separation cost reductions, providing total cost of ownership savings when decarbonizing energy and industrial operations.
We make complex CCUS projects happen by applying decades of experience
Proven experience at a world-class scale
From our early projects in the 2000s, when we carried out subsurface studies for the now largest operational CCS system in the world located in Australia, we remain at the forefront of decarbonization.
Industries we serve:
- Oil & Gas
- Iron & Steel
- Cement
- Chemicals
- Waste-to-energy
- Power generation
- Power plants
- Enhanced oil recovery
The industry's broadest CCUS technology portfolio
Now, we are advancing our industry-leading CCUS portfolio—which includes technologies for direct air capture, transport, storage, monitoring, and well services—to develop and deploy carbon dioxide reduction and removal solutions to enable a Net Zero emissions future for the energy sector and beyond, sequestering greenhouse gases and offering solutions that enable industries to meet their climate goals while continuing to operate sustainably and keeping up with growing global energy demand.
Our offering includes:
- Pre-front end engineering design and FEED consultation and project design
- Capture and purification
- Fit-for-purpose carbon dioxide compression technology
- Subsurface engineering and characterization
- Well design and construction for storage projects
- Integrity, monitoring, and site stewardship