CCS Player to Evaluate First 'Net-Zero' Oil Sands Project

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A company specializing in carbon capture and storage (CCS) has signed an agreement to evaluate options to deploy its technology for a handful of projects in Canada, including what it says could be the first “net-zero” oil sands project. Entropy, which is a privately held affiliate of intermediate oil and gas producer Advantage Energy, has signed memorandums of understanding (MOUs) with four separate “emitting corporations” to develop CCS projects totaling about 1 million tons of carbon per year. Among the potential customers is Athabasca Oil, owner of the Leismer oil sands facility. Under the MOU, Entropy and Athabasca would evaluate the development of technology that could capture up to 520,000 tons per year of carbon. Further details of the Leismer decarbonization project were not immediately available. Athabasca did not respond to a request for comment on Thursday. Other MOUs signed by Entropy include an agreement with Black Swan Energy to jointly evaluate the development of modular CCS at a gas-processing facility in British Columbia (BC), with potential to capture around 9,000 tons per year initially, and ultimately up to 150,000 tons a year. Entropy also signed MOUs with two different midstream companies in BC and Alberta. Scoping design, engineering, and subsurface evaluations are under way for each of the projects under MOU, with “varying degrees of advancement,” Advantage said in a release.

Carbon Capture (CCS), Midstream Companies
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