News

Maersk Oil to embark on CCS projects

Publish date: February 14, 2011

Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has acquired licences to Clean Energy System’s Oxy-Fuel technology that allows CCS in combination with oil and gas projects.

 

Maersk Oil has recently acquired the Zero Emission technology rights. The Clean Energy System’s Oxy-fuel process takes a fuel source such as fossil gas extracted from a gas field and combusts it at a right temperature with pure oxygen to produce water, electricity and CO₂. The CO₂ is separated after combustion by condensing steam into water, leaving essentially pure CO₂ that can be further utilized or stored.

CES has spent 15 years developing the pure oxygen combustion process using technology derived from the rocket industry. The U.S. Department of Energy has already awarded CES $30m as part of its programme to lower industrial emissions. Commercial-scale testing will now be carried out in California.

Most of the Danish company’s production is from both the UK North Sea and the Danish North Sea, in addition to offshore Qatar, Algeria and Kazakhstan.

 

Access the press release here.