GEOSCIENCES branch: Risk management
Climate change is threatening the planet. Even though alternative technologies exist, a CO2 emissions reduction of 50% by 2050 without CO2 capture and geological storage (CCS) seems impossible.
This technology consists in capturing CO2 from different industrial plants and storing it in underground geological layers (for example: depleted hydrocarbon reservoirs, saline aquifers, coal beds…).
Industrial CO2 storage projects have already been initiated in Europe and worldwide:
The feasibility of each of the components of the CCS process has been demonstrated by industrial projects.
The current stance of EU authorities highlights the growing importance of CCS and of a directive adoption to accelerate the implementation of this solution in order to reduce greenhouse gas emissions.
Oxand is already involved in several projects in Europe and is developing in the North American market (USA/Canada). Oxand intervenes as a leader in risk analyses associated with the geological storage of sour gases and more especially on risk analyses associated to the integrity of petroleum wells.