ADNOC announces the first project in the world to inject and capture carbon dioxide in the carbon dioxide aquifer

ADNOC, the reliable and responsible provider of low-emissions energy, announced today, during Abu Dhabi Sustainability Week, the start of work on developing the world's first well to inject and sequester carbon dioxide in the carbonaceous aquifer.

It is expected that carbon dioxide injection operations will start during the second quarter of this year 2023, and this project represents an important new step in ADNOC's commitment to reduce emissions in its operations and reduce its carbon emissions by 25% by 2030 to achieve its goal of achieving climate neutrality. by 2050.

On this occasion, Yasser Saeed Al Mazrouei, CEO of ADNOC Exploration, Development and Production, said: “Carbon capture and storage technologies play an important role in reducing emissions and achieving climate action goals, and ADNOC continuously seeks to strengthen its leading position in reducing emissions from carbon dioxide.” Its operations are based on its long experience in this field, as ADNOC was the first company in the region to implement a carbon capture project on a large industrial scale through the Al Riyada facility.

He added: "The project of the first well in the world to inject and capture carbon dioxide represents a new effective step within the company's $ 15 billion plan to reduce emissions, and ADNOC will continue to work to reduce emissions in current energy sources, and invest in clean energies and future technologies." To ensure that its business is keeping pace with the future, to contribute to building a low-carbon future, and to establish its position as a responsible and reliable supplier of energy to its customers and markets around the world.”

And in implementation of the directives of the ADNOC Board of Directors to accelerate the implementation of the company's strategy for low-carbon growth, and after the company allocated an amount of 55 billion dirhams (15 billion US dollars) to reduce emissions in its operations, this innovative project will support the "ADNOC" program for carbon capture and storage, which is part of A group of new projects and initiatives that the company is working on implementing.

When it comes into operation, the project will initially contribute to the sequestration of at least 18,000 tons per year of carbon dioxide captured from Fertiglobe’s operations in the UAE, in carbonic aquifers in the onshore areas of Abu Dhabi, which supports ADNOC’s efforts. Continuing to capture and store carbon dioxide from its operations in a safe manner.

The CO2 injection well project benefits from ADNOC's experience gained through its Al-Riyada carbon capture facility, which is capable of capturing up to 800,000 tons of carbon dioxide annually.

The selection of the well site and the targeted geological formations was based on the results of the extensive 3D geophysical surveys conducted by ADNOC and its advanced capabilities in modeling the underground formations.

The project will contribute to the production of low-carbon ammonia, which is a hydrogen carrier fuel that is cost-competitive, has the potential to rapidly scale up, and is less carbon-intensive than other fuels.

The project will be monitored and evaluated using advanced technology at the Thumama Reservoir Center to ensure the highest levels of environmental safety, as ADNOC is working to expand its activities in the field of carbon capture to capture 5 million tons annually by 2030.

The new project is the latest in a series of initiatives to reduce emissions, including a strategic agreement signed by ADNOC, according to which it obtains 100% of the needs of its electrical network from clean nuclear and solar energy sources for the Emirates Water and Electricity Company, to become the first company in the energy sector to secure the needs of its operations. of emission-free electricity through a clean energy agreement.

ADNOC also recently completed a project financing deal at a cost of 14 billion dirhams (3.8 billion US dollars) to establish an undersea electricity transmission network linking ADNOC’s marine operations with the clean onshore electricity network of “TAQA”, with the potential to reduce the carbon footprint of “TAQA” operations. ADNOC Offshore by up to 50% upon completion.

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