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
Analysis: Middle Three Forks Bench Holds Vast Untapped Oil Potential
2025-01-07 - Williston Basin operators have mostly landed laterals in the shallower upper Three Forks bench. But the deeper middle Three Forks contains hundreds of millions of barrels of oil yet to be recovered, North Dakota state researchers report.
E&P Highlights: Jan. 6, 2025
2025-01-06 - Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Halliburton, Coterra Launch Fully Automated Hydraulic Fracturing Tech
2025-01-06 - Halliburton Energy Services and Coterra Energy’s initial rollout of their autonomous hydraulic fracturing technology led to a 17% increase in stage efficiency.
Equinor’s Norwegian Troll Gas Field Breaks Production Record
2025-01-06 - Equinor says its 2024 North Sea production hit a new high thanks to equipment upgrades and little downtime.
US Oil, Gas Rigs Unchanged for Fourth Straight Week
2025-01-03 - The oil and gas rig count stayed at 589 in the week to Jan. 3. Baker Hughes said that puts the total rig count down 32 rigs, or 5% below this time last year.
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.