De-risking Libyan giant oilfields for subsurface net zero transition

El Gheriani, Mohamed; Burnside, Neil and Roberts, Jennifer, eds. (2022) De-risking Libyan giant oilfields for subsurface net zero transition. In: ETP 11th Annual Conference 2022, 2022-11-01 - 2022-11-01, Online.

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Abstract

Fossil fuel production and consumption are central to global CO2 emissions and the geological storage of CO2 is among the promising solutions to achieve the global Net Zero targets. As the largest crude oil holder in Africa, Libya is one of the main hydrocarbon suppliers in the North Africa region. However, the fossil fuel dependency for economic and energy needs put the country in real challenge in keeping up the global trends toward low-carbon transition. This research aims to explore options for Libya to transition its subsurface resources for net zero applications, with particular focus on CO2 storage potential. The objectives are to (a) examine geological suitability of the giant oilfields for CO2 storage and estimate CO2 storage capacity. (b) conduct fault stability analysis to ensure CO2 storage security.

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