GATE Energy has been awarded the carbon capture, utilization and storage (CCUS) strategy development contract on Jan. 20 by a major E&P operator. This scope aims at developing the strategic roadmap, tactical initiatives, and implementation timeline to address the technical, operational, and business process gaps for CCUS within the client's portfolio.
"The selection of GATE Energy for this high-profile project for one of our core clients is exclusively based on our standout, deep technical, operational and business knowledge of the carbon capture value chain and our proven ability to implement client and project-specific strategies,” Chuck Centore, president of GATE Energy's project management and engineering division, said. “The results of this work will allow our clients and partners to adeptly capitalize on CCUS opportunities while minimizing associated downside risk. Getting this right the first time is a critical imperative that improves the chances of success for our clients in the coming energy transition."
As part of the energy transition, GATE Energy is poised to deliver high-end management consulting and conceptual work for the initial stages of CCUS projects, with engineering and commissioning support to follow. This award places GATE as the premier consulting firm for new energy related projects.
"This award reiterates GATE's position as the global leader in the energy transition,” Karthik Annadorai, executive vice president of GATE Energy, said. “In addition to being part of the core CCUS workgroups in major trade organizations, such as NOIA, we are well positioned to win multiple scopes in the coming years that will strengthen our position and allow us to effectively serve our clients and share project successes."
GATE Energy is a family of companies that provide scalable, fit-for-purpose services for the energy sector including engineering, commissioning and specialty field services as well as consulting services for new energies.
Recommended Reading
DOE Awards Pioneer Energy $27MM for Emissions Reduction Projects
2025-01-08 - Pioneer Energy said it will allocate most of the funds toward advancing its Emission Control Treater, a near zero emissions well pad production technology, as it implements projects in the Eagle Ford, Cotton Valley and Colorado.
Utica Play Economics Are Middleweight, Enverus Says
2024-12-04 - Returns in America’s modest, middleweight oil play, are above the Bakken and Eagle Ford, but rank below the Midland, Delaware and Denver-Julesburg basins, Enverus reported.
Shale Players Hit Sweet Spot with Higher Volumes, Lower Costs: EIA
2024-12-12 - Over the past two years, publicly traded E&Ps have generally increased production, with oil volumes in second-quarter 2024 averaging 3.9 MMbbl/d while production costs have fallen by $11/boe since 2019.
Langford Enters Midland Basin with Murchison Oil and Gas Deal
2025-01-14 - Langford Energy Partners closed on an acquisition of 8,000 acres in the Midland Basin from Murchison Oil and Gas LLC.
CEO: Berry Gears Up for Horizontal Drilling in Uinta Stacked Pay
2024-12-13 - Berry Corp.’s legacy roots are in California’s Central Valley—but its growth engine is in Utah’s emerging Uinta Basin, CEO Fernando Araujo told Hart Energy.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.