Denmark’s Maersk Oil has reached an understanding with Abu Dhabi’s Masdar to collaborate on exploring ways and means on how its TriGen technology could be used for carbon capture projects to enhance oil production in the UAE emirate. The two companies have signed a memorandum of understanding (MoU), which could turn into a long-term cooperation project.
Maersk Oil’s TriGen technology injects Carbon Dioxide (CO2) into oil reservoirs, as well as generates water and power, and could play a significant role in boosting Abu Dhabi’s crude oil production capacity to 3.5 million barrels a day (b/d) from the current 3 million b/d.
Masdar will work with Abu Dhabi National Oil Company (ADNOC) to identify where the TriGen technology could be used to enhance and maximise production. Maersk Oil has identified several oil production sites around the world that could use its TriGen technology, which is expected to be tested soon at a commercial scale.
Initial tests have shown that the TriGen technology has the potential, at each installation, to produce 200MW of power and distilled water for industrial or agricultural use. British Petroleum (BP) gave up in 2010 on a project to inject CO2 in Abu Dhabi’s oil fields because ADNOC and Masdar were not able to agree on a carbon price.