34.1 C
Dubai
Friday, July 26, 2024
spot_img

ADNOC Gas Awards $615M MENA Carbon Capture Contract

ADNOC Gas plc has awarded a $615 million (AED2.26 billion) Engineering, Procurement, and Construction (EPC) contract to Petrofac Emirates for the construction of carbon capture units, pipeline infrastructure, and a network of wells for CO2 injection at the Habshan gas processing plant, as part of ADNOC’s accelerated decarbonization plan.

This Habshan Carbon Capture, Utilization, and Storage (CCUS) project is among the largest in the Middle East and North Africa (MENA) region, with the capability to capture and store 1.5 million tons per annum (mtpa) of CO2 deep underground.

ADNOC Gas will oversee the project’s development and operation, and it is expected to be commissioned in 2026, with CO2 permanently stored in ADNOC Onshore’s Bab Far North Field.

CCUS projects like Habshan are vital for achieving global climate goals, and over 65% of the contract value will contribute to the UAE’s economy through ADNOC’s In-Country Value (ICV) program, supporting local growth and diversification.

Building on ADNOC’s existing carbon capture facility, Al Reyadah, this project will triple ADNOC’s carbon capture capacity to 2.3 mtpa, equivalent to removing over 500,000 gasoline-powered cars from the road annually.

New Article

Related Articles

Emirati Artist Dhaen Juma Al Tamimi Passes Away at 75

Emirati Artist Dhaen Juma Al Tamimi Passes Away at 75The art world is mourning the loss of renowned Emirati artist Dhaen Juma Al Tamimi,...

Garuda Advertising Launches Teleforce: A Telecom, Marketing, and Sales CRM Platform

Garuda Advertising announces the launch of Teleforce, a Telecom, Marketing, and Sales CRM designed to empower businesses with a comprehensive Communication Platform as a...

UAE: Unveiling the Surging Cost of Living in Dubai and Abu Dhabi in H1 2024 – Discover the Reasons Behind It!

UAE: Why Dubai and Abu Dhabi's Cost of Living Increased in H1 2024The cost of living in Dubai and Abu Dhabi, two of the...

UAE : Unlicensed Social Media Influencers in Abu Dhabi Face Dh10,000 Fine Starting July

UAE Social Media Crackdown: Unlicensed Influencers in Abu Dhabi to Face Dh10,000 Fine Starting July Starting from July, social media influencers in Abu Dhabi face...

UAE: Sheikh Mohamed Welcomes Emir of Qatar in Abu Dhabi

UAE: Sheikh Mohamed Welcomes Emir of Qatar in Abu Dhabi Abu Dhabi, UAE – In a significant diplomatic event, Sheikh Mohamed, the leader of the...

Latest Articles