Carbon Storage Risks and Costs: Busting Perceptions and Myths

START Date: Wednesday, 4 June 2026

START Time: 16:00

Duration: 60 minutes

Venue: SLB (Schlumberger) 154 Av. Alfred Nobel, 64000 Pau (registration is mandatory)

Format: In-Person & Online

Speaker

With two decades of energy sector experience, Diego has worked on diverse projects, from hydrocarbon exploration to carbon capture and storage (CCS) and sustainable energy solutions. Diego's portfolio includes significant involvement in prominent commercial CCS projects like Northern Lights (Norway), Aramis and Porthos (Netherlands), Endurance (UK), Gorgon (Australia), Prinos (Greece), Lang-Lebah (Malaysia), Arthit (Thailand), and DongHae (South Korea). Diego specializes in translating CO2 storage regulations into detailed operational plans.

Diego’s consulting company collaborates with organizations like Halliburton or SLB, and he is an Advisory Board Member for a New York-listed startup focused on optimizing CC(U)S costs.

Talk Description

Carbon Capture and Storage (CCS) has historically faced challenges in achieving commercial-scale success across various regions globally. The conversation often circles back to pervasive beliefs regarding CCS, namely the assertion that it is excessively risky and costly. This presentation highlights a range of successful global CCS projects and the diverse business strategies they employ, some of which operate independently of governmental subsidies or carbon pricing. The adequate and proportionate understanding of the role of Geological CO2 Storage Regulations and Technical Standards is highlighted, as they are frequently perceived as the primary enablers of the CCS industry.

This lecture will explore the crucial importance of selecting suitable geological sites for CO2 storage. It will also address operational challenges in managing fluids with unique thermodynamic properties and examine how existing legacy wells, whether repurposed or not, can affect the risk and cost aspects of CO2 storage projects.

Adequate site selection, operational considerations and the impact of legacy wells are essential aspects associated with successful implementation of CCS at scale. Furthermore, the discussion concludes with reflections on Value generation beyond direct economic revenue, highlighting scalability and maturation time as key performance indicators for CO2 storage projects.

Agenda:

• 15:45 — Doors open

• 16:00 - 16:15 — SPE France activities overview

• 16:15 - 17:30 — Presentation

• 18:00 - 20:00 — Networking

What you will leave with (our promise):

• A clearer understanding of why some CCS  projects succeed at commercial scale while others struggle.

• Practical insight into how site selection  drives storage performance, project risk, and long-term cost.

• A more grounded view of the role of regulations and technical standards  in enabling — but not alone determining — project success.

• A better perspective on how operational constraints, legacy wells, scalability, and project maturation shape the real value of CO2 storage developments.

Network outcome

Join us after the talk for an informal networking session. A great opportunity to continue the conversation, exchange ideas with peers, and connect with fellow professionals over drinks and snacks — just steps away from the venue.