Vicki Hollub, President and CEO, Occidental and Musabbeh Al Kaabi, Executive Director for Low Carbon Solutions and International Growth, ADNOC. (Source ADNOC)
ADNOC and Occidental have agreed to jointly conduct a preliminary engineering study for what could become the UAE’s first megaton-scale direct air capture (DAC) facility.
The study, announced Oct. 3, will assess the feasibility of utilizing the same CO2 extraction technology used at Occidental subsidiary 1PointFive’s plant under construction in Ector County, Texas. If the 1-mtpa UAE facility is approved, CO2 extracted at the facility will be connected to ADNOC’s CO2 infrastructure for injection and permanent storage into saline reservoirs, according to a news release.
“This joint investment in the proposed first megaton direct air capture facility in the region exemplifies ADNOC’s commitment to leverage partnerships and promising technology to accelerate our decarbonization journey on the way to net zero by 2045,” Musabbeh Al Kaabi, ADNOC’s executive director for low carbon solutions and international growth, said in the release.
The speed at which both teams have developed a feasible plan for the DAC plant in Abu Dhabi emphasizes the urgency to deliver global scale climate solutions, Vicki Hollub, president and CEO of Occidental, said in the release.
“We will continue to leverage our carbon management expertise to deliver value and accelerate our ability to achieve our net-zero targets and help others meet theirs,” Hollub said.
1PointFive’s Stratos facility in Texas is designed to include DAC technology developed by Carbon Engineering. The facility, which is expected to capture up to 500,000 tonnes of CO2 per year when fully operational, is scheduled to start commercial operations in mid-2025.
RELATED
Occidental Petroleum to Acquire Carbon Engineering for $1.1B
Occidental, Battelle-led DAC Projects Land Up To $1.2 Billion in Funding From US
Recommended Reading
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
2025-03-11 - Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
Ring May Drill—or Sell—Barnett, Devonian Assets in Eastern Permian
2025-03-07 - Ring Energy could look to drill—or sell—Barnett and Devonian horizontal locations on the eastern side of the Permian’s Central Basin Platform. Major E&Ps are testing and tinkering on Barnett well designs nearby.
E&Ps Pivot from the Pricey Permian
2025-02-01 - SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C
2025-03-16 - EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.
Watch for Falling Gas DUCs: E&Ps Resume Completions at $4 Gas
2025-01-23 - Drilled but uncompleted (DUC) gas wells that totaled some 500 into September 2024 have declined to just under 400, according to a J.P. Morgan Securities analysis of Enverus data.
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.