• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Infrastructure Clean Energy

ADNOC Has Partnered With a British Firm for Carbon Capture 

The Global Economics by The Global Economics
November 10, 2023
in Clean Energy, Top Stories
Reading Time: 3 mins read
0
ADNOC Has Partnered With a British Firm for Carbon Capture

ADNOC Has Partnered With a British Firm for Carbon Capture (Source: Shutterstock)

5.1k
SHARES
28.1k
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

ADNOC produces almost all of the oil for the United Arab Emirates, which is now 2X the target of up to 10 million tons of CCUS capacity per annum.

Abu Dhabi National Oil Company (ADNOC) has partnered up with Carbon Clean’s patented “CycloneCC” technology for their Fertiglobe’s nitrogen fertiliser plant. Fertiglobe is a JV between the government-owned ADNOC and Korean fuel producer OCI. It manages the Al Runways Industrial Complex in Abu Dhabi, UAE’s capital city.  

Carbon Clean is a UK-based carbon capture, utilisation, and storage (CCUS) company. It was funded by the UK and US Departments of Energy at the initial stages and, later on, got funding from the private sector. It was the brainchild of Aniruddha Sharma, who was once a climate activist from the Indian Youth Climate Network protesting against the global inaction on climate preservation at the COP15 conference in Copenhagen in 2009. His activism drove him towards adopting a solution-based approach, which led to the establishment of Carbon Clean. Since then, his business has expanded with 85 active patent assets spanning over 30 countries.  
 

Sharma gave a speech at the Carbon Clean London headquarters where he explained that previously, CCUS has been dependent on putting polluted gases through absorption and stripping towers, where the solvents and heat are applied to separate, capture, and compress carbon dioxide (CO2). These techniques are not financially viable as they are costly to establish and maintain and have no significant proof of benefit to the environment. On the other hand, the CycloneCC uses technology that permits prefabricated modular carbon capture units that are half the size of traditional units and are comparatively easier to set up.  
 

CycloneCC is one of Fertiglobe’s multiple projects that are being tested to decrease emissions and the demands for low-carbon hydrogen and ammonia that can further be used as fuels in vehicles and raw materials for fertilisers.  
 

ADNOC produces almost all of the oil for the United Arab Emirates, which is now 2X the target of up to 10 million tons of CCUS capacity per annum. It should be noted that all these efforts are made by one of the world’s largest polluters. 
 

A study by the research firm Rystad Energy stated that ADNOC aims to pump over 1.3 billion barrels of oil and almost 90 billion cubic metres of gas. It produced 171 million tonnes of crude oil and Natural Gas Liquids and almost 57 billion cubic metres of natural gas.  
 

The research report also stated that ADNOC will probably release 487 million tonnes of carbon into the atmosphere this year. This number will spike up to 684 million tonnes by the end of this decade. The said annual carbon capture of 10 million tonnes a year is almost negligible compared to the 684 million tonnes of emissions. 
 

Carbon Clean’s primary market is the Persian Gulf because only those Middle Eastern nations require their technologies to capture carbon and decarbonise assets. Companies like Aramoc, ADNOC, and QatarEnergy have technological expertise and know-how of the carbon capture process as they have been operating such facilities for decades. Carbon capture is also called producing oil and gas but in reverse, so most of the energy companies can smoothly add up this tech into their plants.  
 

The International Energy Association said in its net zero report that to achieve the targets of the Paris Agreement of controlling global temperature increase to 1.5 degrees Celsius, more than 759 million tonnes of CO2 needs to be captured annually.  This represents a 17 times increase in the present figures. Achieving this feat would require a boost like the solar and wind industry had over the last decade.  
 

Sharma said that their CycloneCC boxes have been planned for mass production. He promised that right after COP28, he would publish figures from their pilot project on the ADNOC site about the amount and process of carbon capture.

Source: short URL
Tags: ADNOCCOP15CycloneCCQatarEnergyuae
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Abu Dhabi and Japan Plan to Hold Hands to Strengthen Clean Energy, Hydrogen, AI
Infrastructure

Abu Dhabi and Japan Plan to Hold Hands to Strengthen Clean Energy, Hydrogen, AI

by The Global Economics
May 6, 2025
US and Ukraine Sign the High-Stakes Critical Mineral Pact
Trending

US and Ukraine Sign the High-Stakes Critical Mineral Pact

by The Global Economics
May 1, 2025
Global Tariffs Can't Slow Down China’s Growing Steel Production
Global Trade

Global Tariffs Can’t Slow Down China’s Growing Steel Production

by The Global Economics
April 16, 2025
EU Announces $13 Billion Investment In Central Asia
Global Trade

EU Announces $13 Billion Investment In Central Asia

by The Global Economics
April 7, 2025
Google to Finalize its Biggest Deal with Cyber-Security Startup Wiz
Technology

Google to Finalize its Biggest Deal with Cyber-Security Startup Wiz

by The Global Economics
March 19, 2025
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Japan’s Banks Mark Record Profits Despite Economy Shrinking 0.7%

Japan’s Banks Mark Record Profits Despite Economy Shrinking 0.7%

May 16, 2025
No Sign of U-Turn for Nissan’s Sliding Sales Despite Big Cuts

No Sign of U-Turn for Nissan’s Sliding Sales Despite Big Cuts

May 15, 2025
Nvidia, AMD Supports Saudi Arabia to Build AI Future

Nvidia, AMD Supports Saudi Arabia to Build AI Future

May 14, 2025
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version