ADNOC invests in MENA carbon capture project

This announcement is part of ADNOC’s wider carbon management strategy, which aims to create a unique platform that connects all the sources of emissions and sequestration sites to accelerate the delivery of ADNOC and the UAE’s decarbonisation goals. As part of this strategy, the company is implementing several innovative, technology driven pilot projects, including CO₂ mineralisation and full carbon sequestration in saline aquifers.

Using best-in-class technology, the project will triple ADNOC’s carbon capture capacity to 2.3 million tpy, equivalent to removing over 500 000 gasoline-powered cars from the road per year. The project, to be built, operated and maintained by ADNOC Gas on behalf of ADNOC, will include carbon capture units at the Habshan gas processing plant, pipeline infrastructure, and a network of wells for CO₂ injection. As part of ADNOC’s ongoing decarbonisation efforts, CO₂ will be permanently stored in reservoirs deep in the sub-surface through the deployment of closed-loop CO₂ capture and reinjection technology at the well site. The FID to develop the project fully aligns with ADNOC’s recently announced Net Zero by 2045 ambition and forms part of the company’s initial US$15 billion (AED55 billion) decarbonisation investment in low carbon solutions.

Musabbeh Al Kaabi, ADNOC Executive Director of Low Carbon Solutions and International Growth, said: “The Intergovernmental Panel on Climate Change has stated that carbon capture and storage is a critical enabler for the world to achieve net zero by mid-century. This landmark project, is one of many tangible initiatives that ADNOC is delivering as we accelerate our decarbonisation plan to meet our Net Zero by 2045 ambition.

“As ADNOC continues its transformation towards a lower carbon future, it is our intention to make further investments to significantly reduce our emissions, including in carbon capture and storage, and push the boundaries of innovation and technology with our partners, to build on our world-leading legacy and industry leadership in carbon management.”

ADNOC has placed sustainability at the heart of its long-term strategy. The company is decarbonising its operations while also investing in renewables and low carbon fuels, building a global hydrogen value chain, deploying innovative climate technology solutions, and advancing nature-based solutions such as planting mangroves in the UAE.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/07092023/adnoc-invests-in-mena-carbon-capture-project/