Adnoc boosts sustainable production programme
dubai — Adnoc is building on its position as one of the least carbon-intensive oil and gas producers in the world by significantly expanding its CCUS programme, according to Dr Sultan bin Ahmad Sultan Al Jaber, UAE Minister of State and Group CEO of Abu Dhabi National Oil Company.
Speaking at the panel session at the International Carbon Capture Utilisation and Storage (Iccus) conference in Saudi Arabia, Dr Al Jaber reinforced Adnoc’s commitment to responsible oil and gas production as the company delivers its 2030 strategy, noting that the company is on track to expand CCUS capacity at least fivefold by 2030 as part of its holistic sustainability goals.
Commenting alongside Saudi Aramco
CEO Amin Nasser, Schlumberger CEO Olivier Le Peuch and United Nations Framework Convention on Climate Change deputy executive secretary Ovais Sarmad, Dr Al Jaber explained how CCUS is enabling Adnoc
to significantly lower its greenhouse gas intensity and maintain its best-in-class sustainability and environmental, social and governance performance.
Dr Al Jaber said: “Adnoc’s CCUS program reinforces our position as the least-carbon intensive oil and gas producer in the world. It is also an important enabler of our holistic 2030 sustainability goals, specifically our target to reduce greenhouse gas intensity by 25 per cent.”
Currently, Adnoc’s Al Reyadah facility in Abu Dhabi has the capacity to capture 800,000 tonnes of carbon dioxide annually. Adnoc plans to expand the capacity of this programme by over 500 per cent capturing carbon dioxide from its own gas plants, with the aim of reaching five million tonnes of carbon dioxide every year by 2030 — the equivalent of the annual carbon capture capacity of over five million acres of forest or forest over twice the size of the UAE. —