Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), announced its plans to significantly expand its use of Carbon Capture, Use and Storage (CCUS), technology to meet a six-fold increase in the utilisation of CO2, for Enhanced Oil Recovery (EOR), over the next 10 years. The volume of the greenhouse gas safely locked away underground will be equivalent ...

Abu Dhabi / WAM Abu Dhabi Future Energy Company (Masdar) signed a memorandum of understanding (MoU) with Saudi Arabia’s Economic Cities Authority (ECA), to cooperate on projects and services to progress the Saudi Economic Cities initiative and in turn advance the strategic objectives of both parties. In the presence of Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, CEO ...

Abu Dhabi / WAM Masdar announced the signing of a collaborative agreement with Norwegian multinational oil and gas company Statoil to analyse data from ‘Batwind’ – the integrated energy storage system designed to store energy generated by Hywind Scotland, the first commercial-scale floating wind farm that was inaugurated by the two companies last October – and explore the battery’s potential ...