CARBON CAPTURE, UTILIZATION & STORAGE (CCUS)
Carbon capture, utilization & storage is the process of capturing waste CO2 from large sources, such as power plants, before depositing it underground to prevent it from entering the atmosphere. We are currently evaluating the scheme for potential future applications for the oil fields within GCC areas.
As an independent energy company embracing technology and innovation, GPS is committed to researching and developing sophisticated and practical technologies and solutions in oil and gas exploration and development to boost both reserves and production.
The Covid-19 crisis represents both a threat and an opportunity for CCUS: the economic downturn will almost certainly impact investment plans and lower oil prices are undermining the attractiveness of using CO2 for enhanced oil recovery. But CCUS is in a stronger position to contribute to economic recoveries than after the global financial crisis.
ZERO FLARING SOLUTIONS
GPS zero-flaring packages provide the ultimate solution to the zero discharge program with temporary composite pipelines and the mobile wellhead gas compression unit to achieve 100% zero-flaring of non-connected wells for the first time ever in the Middle East Oil & Gas sector.
- Option to easy use installation methods such as trenching, plowing
- Resists up to 100,000 PPM H2S and 100% CO2
- Liquid flowrate is 10,000 BBL/day assuming 100 psi pressure drop for 4’’ pipe and one mile of pipe length, with fresh water at 30°C (86°F)
- Gas flowrate is 16 mmscf/day assuming 100 psi pressure drop for 4’’ pipe and one mile of pipe length, with methane at 20°C (68°F)
Satellite data shows more than 16,000 of these flares in around 90 countries. Flaring results in approximately 140 billion cubic meters of natural gas burned annually, causing more than 300 million tonnes of CO2 to be emitted into the atmosphere.