Carbon Capture and Sequestration

Emissions-reduction technology crucial to meeting global climate goals

CO2 Removal
Achieve negative emissions on bioenergy with permanent CO2 sequestration.
CCS Hubs
Develop common transport and storage infrastructure in large industrial basins.
Hard-to-Abate Sectors
Tackle emissions in sectors where other technology options are limited, such as cement.

To achieve net-zero greenhouse gas emissions across regions, CCS offers significant strategic value to the energy transition.

We are witnessing an amplified momentum for carbon capture and sequestration (CCS). International Energy Agency and Intergovernmental Panel on Climate Change projections show a dramatic increase in carbon capture across all industries and geographies.

Technically, the concept of capturing and storing CO2 underground is well understood; the challenge lies in balancing project framework and economic returns. This is where government incentives and regulations become critical to attracting investment.

In some industries—such as bioethanol applications, ammonia production, and gas processing—emissions are relatively easy to capture. Additionally, certain geological regions are excellent candidates for industrial-scale CO2 storage. These factors, together with policy and regulatory regime, will create early winners and regional hubs.

chart showing large-scale CCS facilities through 2010-2020
IEA data shows that the pipeline of new CCS projects has been growing. If all these projects were to proceed, the amount of global CO2 capture capacity would more than triple to around 130 Mt per year.
chart showing large-scale CCS facilities through 2010-2020

CCS is especially suited for large-scale industrial processes. Here are some key sectors that have high potential for commercial-scale CCS deployment:

Blue water molecules
In steam methane reforming, capturing the CO2 instead of venting it is key to enabling carbon-free H2 production.

Blue hydrogen

There are dozens of existing steam methane reformers (SMRs) in chemical complexes and refineries; the key is to modify the SMR process to capture the CO2 instead of venting it, thus enabling carbon-free production of H2.

Green sugar cane field with a blue sky
BECCS has huge market potential and offers government tax incentives.

Bioenergy with CCS (BECCS)

Another usage for carbon-negative technology has generated considerable interest for its market potential and its government tax incentives—biomass energy production combined with CCS, known as bio-CCS or BECCS. BECCS has enormous potential to remove significant amounts of CO2 from the atmosphere while producing useful products, such as renewable fuels, hydrogen, or electricity. It also has significant market potential to capitalize on existing government-based credit incentive programs. Learn more about our announced partnerships in this area.

Cement plant
Because of their low capture cost, steel plants that generate highly concentrated CO2 streams are good candidates for CCS retrofitting.

Cement and steel

The cement industry generates 7% of human-made CO2 emissions and has no alternative to reducing its footprint but to capture CO2 from the calcination process and dispose of it at large scale. CCS is poised to play a leading role in decarbonizing the industry. Some steel plants generate a high-concentration CO2 stream (from direct reduced iron processing) and are a viable candidate to retrofit with CCS because of their low capture cost. Read more about our announced partnerships in this area.

Our innovative approach not only enables GHG emitters to collaborate with us in creating an optimal, holistic solution—it also aligns incentives across the CCS value chain and decreases inefficiencies inherent to split chains.

Schlumberger New Energy approach to CCS

For more than 20 years, Schlumberger has been involved in CCS projects around the world, helping customers reduce emissions by providing services and technologies for permanent underground sequestration of CO2.

Recently, Schlumberger New Energy has started exploring ways to go beyond our traditional offering and directly partner with emitters to assess, develop, and operate entire CCS value chains. The scope of collaboration goes beyond subsurface requirements and includes project economics, technology selection, business models, and permitting. We're designing new partnerships and business models with a focus on 

  • exploring and enabling low-cost projects in strategic locations
  • creating partnerships with industry leaders
  • seeking scale and efficiency by enabling CCS hubs.

Schlumberger New Energy is partnering with leaders in a range of strategic sectors to demonstrate carbon solutions across a wide range of projects. Through our portfolio of CCS initiatives, we support businesses and governments in facing today's challenges of minimizing environmental impact while undertaking the transformations necessary to provide the global energy, materials, and infrastructure needed to sustain the growing societal demands of the future.

Schlumberger rig amongst a snowy terrain
Schlumberger New Energy, Chevron, and Microsoft Collaborate on Carbon-Negative Bioenergy
We announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon-negative power in Mendota, California.
Read the press release
LafargeHolcim and Schlumberger New Energy Explore Carbon Capture and Storage Solutions
We collaborated on a CCS feasibility study that represents a step toward developing a blueprint for large-scale deployment of CCS solutions in transformational sectors.
Read the press release
View All

Share This