Technology Centre Mongstad Sign MoU with DNV GL for CO2 Capture Technology

Shailaja A. Lakshmi
Tuesday, October 23, 2018

The world’s largest testing facility for carbon capture, Technology Centre Mongstad (TCM), has signed a collaborative agreement with DNV GL to deliver advisory and verification services for CO2 capture technology.

According to a press release from the quality assurance and risk management company, the new global advisory partnership will offer advisory and verification services at TCM`s facilities on the west coast of Norway and other worldwide carbon capture projects.
Carbon capture and storage (CCS) is the only available technology for mitigating climate change in certain industries such as cement production and the use of oil and gas.

“We have been working with both CCS and verification of new technologies for the energy sector for a long time. Combining these two capabilities together with TCM is a natural extension of our expertise, says Liv Hovem, CEO DNV GL – Oil & Gas.

“DNV GL and TCM will together ensure that the technologies tested and verified at the TCM facilities will be ready for full-scale deployment. While we will ensure the technical feasibility of these technologies, the industry and policy makers together need to make CCS work commercially for it to make a global impact, ” Liv added.

“It is vital for us to ensure that carbon capture technology is sufficiently advanced to be used at our facility. Verification and advisory services are a natural progression of the quality assurance measures which we have in place for our collaboration partners that are using TCM’s facility,” said CEO of TCM, Ernst Axelsen.

DNV GL’s Energy Transition Outlook forecasts that the planet is set to warm beyond the goals set in the Paris Agreement, even though the global energy supply is rapidly decarbonizing. CCS, along with energy efficiency and more renewables, must all be stepped up to prevent the planet from warming to unsustainable levels.

CCS is the process of capturing and storing greenhouse gases from industrial processes, and TCM currently has a focus on the capture stage.

Categories: Environmental Technology(Energy) Industry News

Related Stories

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

Indonesia's Medco Starts Production at Natuna Sea Fields

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Current News

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

Turkey Discovers New Black Sea Gas Reserve

Indonesia's Medco Starts Production at Natuna Sea Fields

Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com