Carbon capture and sequestration versus carbon capture utilisation and storage for enhanced oil recovery

There are 74 integrated carbon capture projects worldwide currently listed by the Global CCS Institute, including the few already running and those still at the identification, evaluation, definition or execution stage for operation by 2018. Significant funding programmes have recently been launched by the European Commission (NER300 in November 2011) and by the UK Department of Energy and Climate Change (CCS Commercialisation Programme in April 2012) for commercial demonstration projects leading to innovation across the CCS/CCUS technology chain to reduce energy system costs. In their calls for proposals, these programmes were open to both CCS and CCUS projects. However, there are significant technical and commercial differences between projects for enhanced oil recovery and those for permanent storage of carbon dioxide in saline aquifers or in depleted hydrocarbon reservoirs, the same way that there exist more complexities and limitations for offshore implementation. Such differences are accompanied by different levels of field verification of the various storage and utilisation concepts, with permanent sequestration having only a more recent history and smaller-scale implementation. In this scenario, the need for appropriate due diligence workflows and screening criteria to assess the technical viability and the deliverability of different CCS/CCUS projects remains crucial, vis-A -vis the high component costs, efficiency penalties, reservoir uncertainties and the many challenges related to full chain integration (from carbon dioxide capture to underground sequestration). Based on information in the public domain, this paper reviews the current status of offshore CCS/CCUS implementation worldwide and discusses screening criteria for use by governments, operators and investors alike.