ADNOC has initiated drilling for a pilot project aimed at advancing energy transition plans by mitigating emissions from fossil fuels. Partnering with Fujairah Natural Resources Corporation, Masdar, and technology company 44.01, ADNOC seeks to leverage innovative carbon capture and storage (CCS) technology. The project involves mineralizing CO2 from the atmosphere and seawater into peridotite rock formations, with 44.01 pioneering the technology. This initiative, set to become the region's first carbon-negative project, underscores ADNOC's commitment to decarbonization.
Following the pilot, ADNOC aims to scale up CCS capacity to 10 million tonnes annually by 2030, aligning with its $23 billion investment plan to reduce carbon emissions across its value chain by 2030. ADNOC continues to pursue low-carbon projects, including CCS and carbon removal technologies, as part of its goal to achieve net-zero Scope 1 and 2 emissions by 2045.
