Statoil interview: Stephen Bull, senior vice president, carbon capture & storage

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Convincing energy industry players that carbon capture and storage (CCS) is essential to their long-term business models has been no mean feat. But the global ambition to lower carbon emissions, embodied by the Paris Agreement, has brought the nascent technology into stark relief: CCS is the only way to keep natural gas in the power mix long term, either as a destination fuel or as a partner to renewables, if carbon-reduction targets are to be taken seriously. Statoil is a key participant in the Oil and Gas Climate Initiative (OGCI), which, along with efforts to tackle gas flaring, highlights CCS as a vital tool for decarbonising global energy systems. Gas Matters spoke to Statoil’s Stephen Bull, who is growing a commercial and future-fit CCS and wind portfolio in the company’s New Energy Solutions business area.

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