Wood has worked on more than half of the world’s carbon 捕获 & storage projects

Wood has completed carbon 捕获 and transportation studies for more than half of the 300 carbon-捕获 facilities being planned worldwide¹.

来自美国.S. Gulf Coast of Louisiana and the oil sands of Canada to the 波斯 Gulf coast of Saudi Arabia, Wood’s experts are advising and engineering the design and digitalisation of more than 175 carbon 捕获 projects.

Daniel Carter, Wood’s President of decarbonisation, explained: “The technology to 捕获 carbon emissions is critical to energy transition and achieving net zero. Our top five clients have committed to invest over $100 billion in decarbonising their assets, which presents a significant opportunity for Wood.

“Our focus is on helping clients achieve their net zero goals through investments in decarbonisation projects with attractive returns. In the US, the Inflation Reduction Act (IRA) means US producers can receive $85 per ton of CO₂ 捕获d which exceeds the cost of CO₂ 捕获. That’s why we’re seeing an increasing demand to design Carbon Capture & 存储 hubs.

“Importantly, we need to digitalise assets before we can decarbonise. Existing technologies could cut three-quarters of methane emissions from oil and gas production at no net cost to operators. It starts with focusing on the simple stuff like the ability to actively identify and manage sources of greenhouse gas emissions in real time using digital tools, and harnessing data to identify the optimum pathway for an asset to achieve its carbon reduction goals.”

¹ IEA Carbon Capture, Utilisation and 存储 Tracking Report, September 2022: http://www.国际Energy机构.org/fuels-and-technologies/carbon-capture-utilisation-and-storage