ADNOC is laser-focused on carbon-reducing technologies and expanding its foreign operations | |
Staff Writer |
The board of directors at Abu Dhabi National Oil Company (ADNOC) has mandated a low-carbon growth strategy, and the company is moving quickly to put it into action by creating a new low-carbon solutions and international growth vertical that will concentrate on renewable energy, clean hydrogen, carbon capture and storage, and international expansion in gas, LNG, and chemicals. Musabbeh Al Kaabi will be leading the new division as its executive director.
Building on the company's legacy of successfully distributing energy to the world in a responsible and sustainable manner, the Low Carbon Solutions and International Growth vertical was established. The company's ongoing transformation relies heavily on the decarbonization of its operations, energy efficiency and operational excellence, reductions in methane emissions, the advancement of CCUS to cut CO2 emissions, and the use of renewable and other zero-carbon energy sources, all of which it will further.
Since its founding, ADNOC has prioritised sustainability, which has included a company-wide ban on the wasteful practise of routinely flaring natural gas. The company's efforts in the collection and processing of flared gas, made in the early 1980s, have been crucial to reducing the adverse environmental effects of the practise. Flare gas recovery technologies and regular leak detection and repair programmes will be used to further cut methane emissions after the business recently announced a new upstream methane intensity target of 0.15% by 2025, the lowest in the Middle East.
After the success of the region's first commercial-scale carbon capture, utilisation, and storage (CCUS) project, ADNOC plans to raise its CO2 capture capacity by over 500%, to over 5 million tonnes per year by 2030, as part of its commitment to reducing emissions. To accomplish this, it will increase its CO2 capture rates at its gas processing plants and other facilities that produce CO2. Meanwhile, ADNOC is investigating ways to accelerate the creation and rollout of CCUS technology while reducing its costs through partnership with industrial partners, academic institutions, and research centres.
As part of its decarbonization plan, ADNOC began getting all of its grid power from renewable sources like nuclear and solar in January of 2022. In addition, the country is investing $3.6 billion in a groundbreaking undersea transmission network in the MENA region so that it may increase its usage of clean grid power at sea.
By the time it's finished, it will have connected ADNOC's offshore activities to the UAE's electricity grid, supplying power from nuclear and solar energy to replace existing gas turbine generators and cut ADNOC's offshore greenhouse gas emissions by more than 30%.
Keeping freshwater consumption below 0.5% of total water use and increasing the mangrove population by planting 10 million mangroves seedlings, by 2030, to capture CO2 and greenhouse gases, to protect Abu Dhabi's shorelines from coastal erosion, and to provide a safe habitat for marine lilies, are two examples of ADNOC's dedication to preserving the UAE's natural heritage for future generations.
ADNOC has taken concrete actions to undertake a number of energy efficiency initiatives that aim to reduce both energy supply and demand by making use of cutting-edge technologies. The implementation of waste heat recovery, increased use of energy-efficient equipment, electrification, streamlined operations, and enhanced combustion efficiencies are all examples. It has created an integrated energy monitoring system in its Panorama Digital Command Center as part of its broader digital transformation. With the help of an intuitive platform and dashboard, it can assess its energy performance, locate opportunities for optimization throughout the value chain, and motivate further reductions in its energy consumption.