Energy Transition
The Energy Transition is rapidly gathering pace in Europe which is positioned to take a lead through carbon solutions. The relative proximity of energy intensive industries, availability of offshore skills & supply chains, and ideal geological circumstance will be key factors for countries bordering the North Sea in reaching a Net Zero Carbon position.
A combination of in-depth commercial, reservoir engineering and geoscience knowledge with many decades of North Sea experience means that Naphtho is positioned to significantly contribute to this growth area.
Carbon Capture and Storage (CCS)
The sub-surface disposal of CO₂ forms an important part of most national energy strategies. A confluence of ideal geology, skills and experience in the North Sea province, together with reusable infrastructure, government support and major incipient CO₂ markets on its doorstep means the North Sea is ideally placed to be an early mover in Carbon Capture, Utilisation and Storage (CCUS).
Naphtho’s commercial knowledge and technical skills together with deep North Sea experience means that it is ready to play its part in carbon storage locally, but also to transfer learnings globally.
Sustainability Statement
Naphtho believes that the global community must respond to the challenge of anthropogenic climate change. However, with a growing global population and increasing energy demand per person as living standards improve this challenge cannot be tackled by curtailing energy supply.
Instead a massive and rapid transition to a mixed and integrated energy system including new and existing technologies must be undertaken.
Naphtho will work with its existing customers and forge relationships with new ones to aid in this effort, which will sustain human prosperity by protecting the natural world.
EOR
CO₂ flooding schemes improve oil recovery and help to Maximise Economic Recovery, whilst also contributing to the Net Zero Carbon goal.
Naphtho’s experience in tracking the movement of fluids in the sub-surface using 4D (time lapse) seismic and advanced reservoir modelling techniques is directly applicable to this process.