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Sunday, May 19, 2024

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.

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