SLB stated it was awarded an engineering, procurement and development (EPC) contract by Equinor for the OneSubsea three way partnership associated to a carbon dioxide (CO2) subsea injection system for the Northern Lights section two undertaking offshore Norway.
The undertaking scope contains two new satellite tv for pc subsea CO2 injection programs with related tie-in tools. Work has already began, with first deliveries anticipated in 2026, SLB stated in a information launch.
Monetary phrases weren’t disclosed.
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The award follows the profitable supply of two subsea injection programs for the primary section of this undertaking in 2023, SLB stated.
Northern Lights is a part of the world’s first open-source, full-scale worth chain for CO2 seize, transport, and storage providers. Section two will improve the present capability from 1.5 million to a minimal of 5 million metric tons of CO2 per yr. Northern Lights section two can be enabled by a grant from the Connecting Europe Facility for Power (CEF Power) funding scheme, based on the discharge.
The ultimate funding determination for section two was made by the Northern Lights’ homeowners TotalEnergies, Shell and Equinor following a industrial settlement with an end-use buyer, marking a decisive milestone for the adoption of carbon seize and storage (CCS) at scale, the discharge stated.
“Equinor’s enduring dedication to subsea standardization is now yielding substantial advantages throughout new offshore worth chains, together with CO2 storage. By using standardized parts, we obtain lowered threat and economies of scale, which improve each conventional and progressive subsea initiatives,” SLB OneSubsea CEO Mads Hjelmeland stated.
“The Northern Lights undertaking is pivotal for Europe’s path towards net-zero emissions, and it’s effectively aligned with our personal technique to broaden the frontiers of subsea for a sustainable vitality future,” he added.
In Might, Northern Lights acquired affirmation that each one the required permits are in place to start out injecting and storing CO2 within the Aurora CCS license within the North Sea. Section one growth of Northern Lights is accomplished, absolutely booked and able to obtain CO2 from industrial clients, and operations are scheduled to start within the second half, based on the discharge.
Collaboration with Cactus Drilling
Final week, SLB entered right into a strategic collaboration settlement with Cactus Drilling, the biggest privately held land drilling contractor within the USA, to broaden the adoption of automated and autonomous drilling options.
The collaboration “goals to ship optimized efficiency by way of enhanced operational effectivity and consistency in execution by scaling superior digital options,” SLB stated in an earlier assertion.
Underneath the settlement, Cactus will construct on its present use of SLB’s Exact automated drilling management programs by integrating DrillSync, SLB’s automated controls platform and software program suite.
“This collaboration signifies a brand new chapter within the adoption of SLB’s digital drilling options, providing a pathway for scaling clever options to enhance drilling efficiency and security,” Cecilia Prieto, president of effectively development for SLB, stated. “This settlement with Cactus is a vital step in shaping the way forward for effectively development and aligning efficiency targets between SLB, drilling contractors and operators”.
“The expanded partnership with SLB permits us to supply our clients the advantages of modern automation and management know-how and leaves us well-positioned to ship even larger worth by strengthening the protection, precision and consistency of our drilling operations,” Cactus Drilling President and CEO Josh Simons.
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