GE, Sargas align on carbon capture technology for enhanced oil recovery
GE has signed a commercial alliance agreement with Norway-based Sargas to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR).
The Sargas plant will combine a configuration of the existing LMS100 aeroderivative gas turbine package from GE with Sargas’ combustion and carbon-capture technology, enabling low emissions power generation, the companies said.
Sargas says its technology captures carbon dioxide (CO2) at pressure, which requires lower capital investment costs and can be built quickly with existing or slightly modified subsystems and equipment.
The Sargas power plant delivers significantly lower costs of electricity and captured CO2 per ton, therefore enabling the Sargas-led engineering, procurement and construction (EPC) consortium to offer industrial-scale volumes of economically competitive CO2 for EOR applications worldwide.
GE’s LMS100 turbine is a combination of frame and aeroderivative gas turbine technology and represents one of the most extensive collaborations of design and manufacturing expertise in the history of GE, the company says.
In combination, the new configuration of the LMS100 in the Sargas plant can capture CO2 for oil recovery with high efficiency and low parasitic load.
“Traditional EOR supplies of naturally occurring carbon dioxide stored underground is running out, and with oil prices expected to remain above $80/bbl it is important for oil companies to maximize oil production with enhanced oil recovery,” said Sargas CEO Henrik Fleischer.
“Traditionally, carbon capture for gas-fired turbine plants relied on government subsidies and advanced technology research.
“Our solution, in combination with GE technology, will revolutionize the worldwide energy industry providing carbon capture in both a flexible and affordable way for greater energy independence through EOR.”
Investment terms were not disclosed.
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