McDaniel, CMG & Hatch Announce Strategic Agreement for CCS

Source: www.gulfoilandgas.com 1/19/2023, Location: North America

McDaniel & Associates Consultants Ltd., Computer Modelling Group Ltd., and Hatch Ltd. are pleased to announce that they have entered into a strategic agreement to deliver a comprehensive, end-to-end solution for the planning and execution of carbon capture and storage (CCS) projects globally.

With the global presence and expertise of the three companies, this collaboration provides a streamlined, expert advisory and technology solution that supports the full scope of CCS projects including feasibility, subsurface modelling, regulatory, and surface facility planning and execution.

“Technology plays a crucial role in understanding subsurface reservoir dynamics which is necessary for the successful execution of complex CCS projects,” stated Pramod Jain, Chief Executive Officer, CMG. ”This collaboration is an incredible opportunity for CMG to contribute our critical simulation technology and decades of experience in subsurface CO2 injection to a partnership that will deliver a comprehensive CCS advisory service, supporting projects from ideation through to execution. It exemplifies our commitment to partnering with industry leaders to deliver best-in-class solutions.”

“Carbon sequestration projects are complex, involve significant investment in facilities, pipelines and design and require a detailed understanding of the subsurface,” commented David Jenkinson, Executive Vice President from McDaniel. “This three-party partnership delivers comprehensive and integrated CCS solutions from geological and reservoir engineering, subsurface modelling and facility design in one cohesive group.”

“We are incredibly excited about the Hatch-McDaniel-CMG alliance for delivering end-to-end lowcarbon solutions to clients, not only in the energy industry, but in other industrial sectors as well,” stated Paul Krawchuk, Global Director – Upstream Oil & Gas for Hatch. “Being able to bring to the partnership our decarbonization roadmapping and surface facility design for the capture of CO2 from industrial sources and tie them together with subsurface components of carbon capture projects will help our clients navigate this rapidly emerging space, eliminate the interfaces between multiple service providers, and deliver complete solutions to help decarbonize their operations.”

Empowered by a combination of sophisticated software solutions and technical excellence, this collaborative offering of multidisciplinary expertise from each of the three companies provides a unified one-stop solution to minimize risk, improve efficiency and maximize value through the entire carbon management lifecycle.


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