Abl Group Asa · OSL:ABL

Abl Group Asa — Technical Presentation (March 2023)

29 slides from Abl Group Asa's technical presentation, March 2023

  1. Slide 1: Carbon Capture and Storage – Emerging risk or Opportunity?

    Carbon Capture and Storage – Emerging risk or Opportunity? CCUS - Emerging risk or opportunity – Ole Rygg

  2. Slide 2: CCUS - Emerging risk or opportunity

    CCUS - Emerging risk or opportunity Dr. Ole B. Rygg, March 2023 abl-group.com

  3. Slide 3: Presentation Overview

    Presentation Overview 1 Introduction 5 Transportation 2 Development and Status 6 Storage 3 Example project: Longship 7 Case Studies 4 Knowledge Transfer 8 Concluding Remarks 3

  4. Slide 4: CCUS Overview

    CCUS Overview • CCUS – Carbon Capture Utilization and Storage • BECCS – Bioenergy with Carbon Capture and Storage • DAC – Direct Air Capture • The need for CCS is huge and “utilization” will only be a minor part • CCS important for cement, steel, process and power industry. 4

  5. Slide 5: Where we are – where we need to go

    Where we are – where we need to go Capacity of large-scale CO2 capture projects, current and planned vs. the Net Zero Scenario, 2020-2030 Facts Mt per year • Current Capturing of CO2: 45 Mt CO2 per year • 35 commercial facilities applying CCUS to industrial processes • fuel transformation • power ge

  6. Slide 6: Global CCUS Projects (January 2022)

    Global CCUS Projects (January 2022) (Source: IOGP) 6

  7. Slide 7: CCUS projects in Europe (Updated January 2023)

    CCUS projects in Europe (Updated January 2023) 7 (Source: IOGP)

  8. Slide 8: Sleipner CO2 injection – Offshore CCS in operation since 1996

    Sleipner CO2 injection – Offshore CCS in operation since 1996 • Sleipner CCS project has been operational since 1996 and it is known as the world's first offshore CCS implementation. • The produced natural gas at Sleipner area contains around 9% of CO2 and therefore the production is driven to a pro

  9. Slide 9: Project Longship

    Project Longship © 2022 Add Energy

  10. Slide 10: Longship – Northern Light Project

    Longship – Northern Light Project (Source: Northern Light project) 10

  11. Slide 11: Longship – Northern Light Project

    Longship – Northern Light Project Facts • Northern Lights is responsible for developing and operating CO2 transport and storage facilities, open to third parties, as part of Longship. • Phase one of the project will be completed in mid-2024 with a capacity of up to 1.5 Mt of CO2 per year. • Longship

  12. Slide 12: Brevik CCS – World's first CO2-capture facility at a cement plant

    Brevik CCS – World's first CO2-capture facility at a cement plant Brevik CCS Facts • Technology: Amine – Post combustion capture • Capture, liquefaction, pipe transfer, storage on quay • Annual CO2 captured: 400,000 t per year • 50% of plant emission captured • Part of the Northern Lights/Longship p

  13. Slide 13: Knowledge Transfer

    Knowledge Transfer From O&G Technology and Experience to CCS applications © 2022 Add Energy

  14. Slide 14: Knowledge transfer from O&G - Technology and Processes

    Knowledge transfer from O&G - Technology and Processes • Well integrity process used for extraction and/or injection of fluids • Compliance with Well Integrity standards and best practices • NORSOK D-010 Well Integrity Standard • OGUK - Well Decom. GL (2018) (guidelines); • NOROG Guidelines for Well

  15. Slide 15: How to evaluate old wells for a CCS application?

    How to evaluate old wells for a CCS application? • Assess well integrity and reservoir performance and CCS compatibility • Evaluate infrastructure risks and opportunities • Define injection requirements and delivery constraints • Develop a work program to support well conversion requirements. From a

  16. Slide 16: Transportation

    Transportation © 2022 Add Energy

  17. Slide 17: CCS - Transportation

    CCS - Transportation Tankers or pipelines Risks • Operational risks • Temperature • Pressure constraints • Corrosion • Fluid characterization and technical risk related to cold temperatures and potential for ice and hydrate formation • Offshore operations in challenging environment • Shut-in resulti

  18. Slide 18: Storage

    Storage © 2022 Add Energy

  19. Slide 19: Storage of CO2

    Storage of CO2 Storage Options - Risks • Storage options: 1. Saline formations 2. Injection into un-minable coal seams or ECBM (Enhanced Coal Bed Methane) 3. EOR (Enhanced Oil Recovery) 4. Depleted Oil and Gas Reservoirs • Challenges and Risks • Trapping: stratigraphic, structural, residual, solubil

  20. Slide 20: Project CStore1 - Australia

    Project CStore1 - Australia Multi-user Carbon Capture and Storage Hub © 2022 Add Energy

  21. Slide 21: Project – CStore1

    Project – CStore1 CStore1 project will be the development and operation of Australia and Asia Pacific’s first floating multi-user Carbon Capture and Storage (CCS) hub • Capturing and liquefying CO2 from multiple industrial sources in Australia and potentially the Asia-Pacific Region. • Shipping liqu

  22. Slide 22: Project Moomba - Australia

    Project Moomba - Australia Converting the producing asset into a CO2 downhole injection facility © 2022 Add Energy

  23. Slide 23: South Australia - Moomba CCS project

    South Australia - Moomba CCS project Depleted gas reservoir Well integrity Risks • Converting the producing asset into a CO2 downhole injection facility. • Verify well integrity suitability for CO2 injection • Storage capacity: 1.7 Mt CO2 per year • Legacy wells in the fields to meet regulatory requ

  24. Slide 24: Projects: Chevron Gorgon – Barrow Island CO2 Storage

    Projects Chevron Gorgon – Barrow Island CO2 Storage Well Control © 2022 Add Energy

  25. Slide 25: Well Control Evaluation for CO2 Injection wells

    Well Control Evaluation for CO2 Injection wells Chevron Barrow Island/Gorgon Opportunities and risks • Re-use of existing wells and infrastructure • Well Integrity often not addressed properly • Quality of the well elements not sustainable for the life span of the injection/storage • Well Control of

  26. Slide 26: Concluding Remarks

    Concluding Remarks • Current Capturing of CO2 • 45 Mt CO2 per year, 35 commercial facilities • CCUS development has been behind expectations – we need to step up • New technologies for CCUS are being developed – but it takes time. • We have been using CCS for decades, but mostly for EOR • Longship i

  27. Slide 27: Thank you for your attention!

    Thank you for your attention!

  28. Slide 28: sigma 1/2022 | May 2022

    sigma 1/2022 | 18 May 2022

  29. Slide 29: Legal notice

    Legal notice ©2023 Swiss Re. All rights reserved. You may use this presentation for private or internal purposes but note that any copyright or other proprietary notices must not be removed. You are not permitted to create any modifications or derivative works of this presentation, or to use it for

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