CO2 Solutions Provides Update on Carbon Capture Project

Source: www.gulfoilandgas.com 2/3/2015, Location: North America

CO2 Solutions Inc., the leader in the field of enzyme-enabled carbon capture technology, provides an update on progress of its pilot project with Husky Energy for the capture of CO2 in the oil industry.

As announced in April 2014, CO2 Solutions entered into a Collaboration Agreement with Husky Energy to install and operate a pilot unit at Husky's Pikes Peak South heavy oil site in Saskatchewan. To accommodate operating parameters within the project budget, the facility will now be sized to capture up to 10 tonnes of CO2 per day. The project is funded in part by the Government of Canada's ecoENERGY Innovation Initiative (ecoEII) program, as previously announced on January 24, 2013.

In line with its earlier communicated schedule, CO2 Solutions has now completed the design review and detailed engineering phase for the pilot installation in collaboration with Montreal-based consulting engineering firm Seneca.

Procurement has started and construction is planned to be completed in early calendar Q1 2015, with commissioning of the pilot plant also scheduled for calendar Q1 2015. Operation of the pilot unit is expected to conclude in calendar Q3 of 2015 which would represent over 2,500 hours of field operation of the technology.

"We are progressing well and according to plan with this key project towards the commercialization of our technology," said Evan Price, President and CEO of CO2 Solutions. "Seneca is a first-class engineering firm with proven track record at building pilot units, and we are pleased to have them as a member of our team. Successful completion of the project will significantly enhance our position towards becoming a key low-cost provider of CO2, and will allow us to pursue the many opportunities we have identified for the commercial application of our technology, such as in Enhanced Oil Recovery."

In April of 2014, the Company announced it had exceeded the second set of technical performance milestones in large bench-scale testing, validating the technology's ability to realistically lower the cost of CO2 capture to significantly below that associated with current carbon capture technologies.


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Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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