Recent advancements in carbon dioxide (CO2) flooding and sequestration technology are paving the way for significant changes in the oil industry, particularly in China. A comprehensive review published in ‘矿业科学学报’ (Journal of Mining Science) highlights the potential of CO2-enhanced oil recovery (EOR) projects to not only reduce emissions but also to optimize oil displacement techniques. The study, led by HE Qi from the School of Energy Science and Engineering at Henan Polytechnic University, delves into the current state of CO2-EOR projects, focusing on those that have achieved a capacity of over 100,000 tons.
As the world grapples with the urgent need to address climate change, CO2 flooding technology emerges as a dual-purpose solution. It not only aids in the extraction of oil but also plays a crucial role in carbon emission reduction. “This technology can significantly contribute to achieving China’s dual carbon goals while promoting sustainable development,” HE Qi states. However, the review also underscores that China is lagging behind Europe and the USA in the commercialization of large-scale CO2-EOR projects, primarily due to limited engineering cases and regulatory hurdles.
The research identifies key challenges in the implementation of CO2-EOR, including technology matching, safety monitoring, and economic constraints. These factors are critical for construction firms looking to invest in this burgeoning sector. HE Qi emphasizes the importance of integrating advanced technologies, such as artificial intelligence, to enhance CO2 leakage risk identification and dynamic monitoring. “By optimizing the entire process of CO2 flooding and storage, we can accelerate the commercialization and industrialization of these projects,” he adds.
For construction companies, the implications of these findings are profound. As the demand for greener technologies increases, the integration of CO2-EOR projects could lead to new business opportunities and partnerships within the energy sector. The potential for significant returns on investment, particularly in regions rich in oil reserves, makes this an attractive prospect for stakeholders looking to align with sustainability goals.
In summary, the research by HE Qi and his team not only sheds light on the current landscape of CO2 flooding technology but also serves as a call to action for the construction sector. By embracing innovation and overcoming existing challenges, companies can position themselves at the forefront of a rapidly evolving industry focused on sustainability and efficiency. For more information on this research, visit Henan Polytechnic University.
