Adnoc and Santos form alliance
Adnoc and Santos collaborate on Asia-Pacific CCS
Strategic alliance includes potential development of CO₂ shipping and transportation infrastructure network in the region
Emirati state energy company Adnoc and Australian independent oil and gas producer Santos have agreed to collaborate on the development of large-scale carbon management technology and infrastructure in Asia-Pacific. Under a strategic collaboration agreement, the two companies will explore the potential to work together to advance CCS technologies and develop a shipping and transportation infrastructure network in the region. “There is an enormous opportunity for traditional energy suppliers like Australia and the UAE to be at the forefront of helping regional decarbonisation through utilisation of our natural competitive advantages in carbon storage and energy supply chains,” said Alan Stuar
Also in this section
9 September 2024
Addition of CCS was a factor in court’s decision to overturn FERC’s authorisation for NextDecade’s Rio Grande LNG project
2 September 2024
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
22 August 2024
C-Questra applies for onshore storage permit for site in Grandpuits as part of project to establish highly efficient DACS value chain on French soil
