Italy’s Eni and Abu Dhabi state energy giant Adnoc signed a strategic framework agreement this week to “explore new opportunities for collaboration in carbon capture utilization and storage (CCUS).” The pair will also examine “additional strategic opportunities in research and development (R&D) across the oil and gas value chain.” Adnoc currently captures 800,000 t/y of CO2 from the Emirates Steel plant and injects it into Adco’s Bab and Rumaitha fields about 40km away, and targets 4.3mn t/y by 2030 (MEES, 11 October 2019).
The exact details of the arrangement were not specified. But Adnoc last year stated its intention to capture and reinject 370,000 t/y of CO2 by 2030 from its assets in the Ghasha sour gas concession and two offshore oil concessions – Lower Zakum and Umm Shaif & Nasr. (CONTINUED - 129 WORDS)