Why Choose this Training Course?
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