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| Leonard... |
 Posted: Wed Oct 14, 2009 8:57 pm |
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ExxonMobil will contribute over 1 million Euros and provide expert technical
guidance to the CO2ReMoVe project, sponsored by the European Commission
Directorate General for Research. Over the next five years, CO2ReMoVe will
evaluate a range of technologies to monitor the injection and storage of carbon
dioxide (CO2) from gas streams at the Sleipner and Snohvit fields in the
Norwegian North Sea, at In Salah in the southern Saharan desert in Algeria and
in the German locality of Ketzin. ExxonMobil shares in the ownership of the
North Sea Sleipner gas field The Sleipner gas field is a natural gas field in
the North Sea. It is operated by Statoil and has a facility for Carbon Capture
and Storage, CCS. It is named after the steed Sleipnir in Norse mythology.
where over one million tonnes of CO2 have been sequestered each year since 1998.
The project aims to provide a sound scientific basis for establishing guidelines
for the certification of future sites for CO2 storage.
"Carbon Capture and Storage is a long-term option with significant potential to
reduce CO2 emissions from large sources such as electricity generation," said
Sherri Stuewer, Vice-President, Safety, Health and Environment, Exxon Mobil
Corporation. "The technology for CCS exists today, but the challenge is to
further demonstrate its effectiveness and integrity and to reduce its cost.
CO2ReMoVe will play a major role in advancing CCS technology, by monitoring and
verifying storage of CO2."
CCS technology separates CO2 from a gas stream, compresses it to reduce volume,
transports it by pipeline to a storage site and sequesters it in geological
formations. The technology could have a major impact on greenhouse gas emissions
as it could be applicable to many large-emission sources of CO2. The
Intergovernmental Panel on Climate Change ?IPCCµ redirects here. For other uses,
see IPCC (disambiguation).
The Intergovernmental Panel on Climate Change (IPCC) was established in 1988 by
two United Nations organizations, the World Meteorological Organization (WMO)
and the United Nations Environment
...... Click the link for more information. estimates that these large
facilities, primarily electricity generation plants, account for nearly 60
percent of global emissions from energy use.
ExxonMobil is a global leader in the use of technologies that comprise CCS. The
corporation has developed and used these technologies for many years
commercially at industrial scale in operations that capture CO2 from oil and gas
production, transport CO2 to injection sites by pipeline, and inject gas and
liquids into oil fields as part of enhanced oil recovery Enhanced Oil Recovery
(EOR) is a generic term for techniques for increasing the amount of oil that can
be extracted from an oil field. Using EOR, 30-60 %, or more, of the reservoir's
original oil can be extracted [1] compared with 20-40% [2] and other
operations. A key element of the corporation's support for CO2ReMoVe will be the
participation of technical experts from ExxonMobil's Upstream Research Company.
Along with ExxonMobil, energy industry participants in the CO2ReMoVe project
include BP, ConocoPhillips, Schlumberger, Statoil, Total, Vattenfall and
Wintershall.
Other participants include the International Energy Agency; DNV, an organization
specializing in risk management in the oil and gas industry; and a number of
national agencies and academic research organizations. The European Union will
contribute 8 million Euros to the project, with the balance of 7 million euros
coming from the other participants. The project will be coordinated by the
Netherlands Organization for Applied Scientific Research (TNO).
In addition to CO2ReMoVe, ExxonMobil is also an active supporter of other
research into climate science and technologies to reduce the risks of climate
change. ExxonMobil worked to establish and is providing $100 million to Stanford
University's Global Climate and Energy Project The Global Climate and Energy
Project (GCEP) at Stanford University "seeks new solutions to one of the grand
challenges of this century: supplying energy to meet the changing needs of a
growing world population in a way that protects the environment. (GCEP GCEP
Global Change Education Program
GCEP Gas Centrifuge Enrichment Plant
GCEP Georgia College of Emergency Physicians ), a major long-term research
program designed to accelerate development of a range of commercially viable
energy technologies that can lower greenhouse emissions on a world scale.
Research into CCS forms an important part of GCEP.
CCS is also the subject of ExxonMobil-supported research at the International
Energy Agency Greenhouse Gas R&D Programme, Massachusetts Institute of
Technology Massachusetts Institute of Technology, at Cambridge; coeducational;
chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized
as an outstanding technological institute and its Sloan School of Management has
notable programs in business,
...... Click the link for more information. and the University of Texas.
ExxonMobil also conducts internal research into CCS-related technologies to
support the corporation's commercial operations.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written
permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson
Corporation Company. |
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