India's Ambitious Energy Transition: Deepwater Exploration and Hydrogen Innovations
Key Ideas
- India is focusing on developing a full deepwater technology ecosystem for exploration and production in the Open Acreage Licensing Policy Round 10, covering over 2.5 lakh sq km.
- Union Minister discusses cutting-edge technologies with Norwegian energy professionals, including deep sea exploration, well services, and carbon capture and storage.
- India aims to enhance its energy capabilities by reviewing projects like the Northern Lights CO2 Terminal in Norway, which can store up to 100 million tonnes of carbon dioxide.
- The minister also explores the CCB Energy Blue Hydrogen Plant in Norway, a commercial facility producing blue hydrogen with integrated carbon capture and subsea storage.
India, under the leadership of Petroleum and Natural Gas Minister Hardeep, is making significant strides towards energy security and transition. The country is actively pursuing deepwater exploration as part of the Open Acreage Licensing Policy Round 10, covering a vast offshore area. This move aims to attract potential investors with the freedom to choose blocks of interest.
In a roundtable with Norwegian energy experts in Bergen, discussions included cutting-edge technologies like well services, drilling tools, and carbon capture. The interaction highlighted India's interest in leveraging Norway's expertise in deepwater exploration and carbon capture and storage technologies.
The visit to the Northern Lights CO2 Terminal showcased a pioneering carbon storage project capable of storing a huge amount of carbon dioxide under the seabed. This aligns with India's energy transition agenda by exploring similar projects to enhance energy capabilities.
Furthermore, the minister's visit to the CCB Energy Blue Hydrogen Plant revealed India's interest in hydrogen innovations. The commercial blue hydrogen facility producing hydrogen with integrated carbon capture and storage technology represents a significant step towards sustainable energy production.
Overall, India's strategic collaborations with Norway and exploration of cutting-edge technologies demonstrate a positive outlook towards enhancing the country's energy landscape and transitioning towards more sustainable practices.
Topics
Blue Hydrogen
Technology
Energy Security
Energy Transition
Carbon Capture
CO2 Storage
Offshore Exploration
Norway
Exploration Bidding
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