Carbon Capture, Utilization and Storage (CCUS)

In the coming decades, as fossil fuels, particularly coal, will inevitably be the mainstay for energy generation in many countries (China, India, the USA, Germany, Japan, South Africa, Australia, etc.), carbon dioxide (CO2) emissions will likely increase exponentially. Increasing the concentration of CO2 in the atmosphere can force changes toward a warmer global climate.  Financial institutions warn that the increasing frequency of severe climate coupled with social trends may increase disaster relief and insurance costs. It may burden the taxpayers and industries alike. 

To contain and ultimately reduce CO2 concentrations, Carbon Capture, Utilization, and Storage (CCUS) technologies have grown from a concept to potentially crucial technology-driven mitigation options.

Environmental pollution, to a large extent, is linked to energy, which is the engine of economic growth. Energy from fossil fuel combustion is giving rise to increased emissions of carbon dioxide (CO2), a greenhouse gas (GHG). CO2 and other natural GHGs from anthropogenic activities (including oil & gas extraction, mining, the release of industrial waste, smelting of ore, burning of fossil fuel, particularly coal, utilization of contaminated water for irrigation, and As-based pesticides, herbicides, and fertilizers) are responsible for maintaining the global average temperature at 14.43°C. Increased emission of GHGs and their accumulation in the atmosphere are affecting the earth’s average temperature and giving rise to global warming and climate change.

The IEA’s new global database of enhanced oil recovery projects shows that around 500 thousand barrels of oil are produced daily using CO2-EOR today, representing about 20% of total oil production from EOR.

World Energy Outlook report of IEA has pointed out that “nearly  four-fifths of the total energy-related CO2 emissions permissible by  2035 in the 450 scenarios are already ‘locked-in’ by our existing capital  stock.” This would mean that future power plants (post-2020) should be zero-emission.

Carbon capture, utilization, and storage play an essential role as a critical abatement option in post-2020, amounting to one-fifth of reductions in CO2 concentrations by 2050. This course is divided into a three-prong approach:

• The Policy
• The Carbon Capture and Storage technologies
• The CO2 Fixation and Utilization

In this context, this accelerated 5-Day training course addresses Carbon Capture Utilization and Sequestration processes that would enable the oil & gas Industry to transform to survive to meet Net-Zero Emissions Targets and thrive with the implementation of Enhanced Oil Recovery (EOR).  

This training course will highlight the following:

• Carbon Capture technologies
• Methods of Carbon Sequestration 
• Climate change risk management enablers
• Future pathways to the energy transition
• Managing transition risks to meet Net-Zero Emissions targets

 By the end of this training course, participants will learn to:

• Be Cognizant of the Future of the Energy Industry’s challenges and solutions
• Learn how fossil fuels can meet the future energy demand with CCUS technologies 
• Learn the variety of practical technologies to control GHG emissions
• Analyze how Oil & Gas Industry can survive and thrive with Net-Zero Emissions targets
• Examine how governments and regulatory agencies can help promote the transformation of the Energy Industry    

 This PetroKnowledge training course is suitable for a wide range of professionals but will greatly benefit:

• Corporate Planners and Senior Management
• Upstream and Downstream Managers
• ESG professional staff 
• Engineers, Geologists, and Earth Scientists
• Financial Analysts, Sales, Marketing Professionals, and Traders  
• Legal Department’s personnel
• Energy Transition professionals

 This accelerated training course is a highly interactive combination of lecture and discussion sessions.  It is designed to maximize the amount and quality of information, knowledge, and experience transfer. The sessions will start by raising the most relevant questions and motivating everybody to find the correct answers. The attendants will also be encouraged to submit more questions and share developing the right solutions using their analysis and experience. Course material through power point equipped with necessary animation, learning videos, and general discussion to provide participants with a complete understanding concerning the subject course will be provided.