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ADNOC to work on the world’s first fully sequestered CO2 injection well

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ADNOC to work on the world’s first fully sequestered CO2 injection well. Image: ADNOC
ADNOC to work on the world’s first fully sequestered CO2 injection well. Image: ADNOC
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ADNOC, a reliable and responsible provider of lower-carbon intensity energy, announced at Abu Dhabi Sustainability Week that it has begun work on the world’s first fully sequestered carbon dioxide injection well in a carbonate saline aquifer.

The project, which is expected to begin injecting CO2 in Q2 2023, marks another important step in ADNOC’s commitment to decarbonize its operations, reduce its carbon intensity by 25% by 2030 and deliver on its Net Zero by 2050 ambition.

Yaser Saeed Almazrouei, ADNOC Upstream Executive Director, said: “Carbon capture and storage will play an important role in reducing emissions and achieving global climate goals, and ADNOC is building on its leadership position in this area as we continue to drive decarbonization across our operations. At Al Reyadah, ADNOC deployed the region’s first carbon capture project at scale and we are taking another tangible step to deliver on our $15 billion decarbonization action plan with the world’s first fully sequestered CO2 injection well.

“We will continue working to make today’s energy cleaner while investing in the clean energies and technologies of tomorrow to future-proof our business. In doing so, we will enable a lower-carbon future and remain a reliable and responsible energy provider to customers and markets around the world.”

This innovative project will support ADNOC’s carbon capture and storage program, which is part of the suite of new projects and initiatives the company is advancing following the guidance by ADNOC’s Board of Directors to accelerate delivery of its low-carbon growth strategy and the allocation of $15 billion (AED55 billion) to decarbonize its operations. Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of CO2 captured from Fertiglobe’s UAE operations for injection in Abu Dhabi’s onshore carbonate aquifers, supporting ADNOC’s ongoing efforts to safely capture and store CO2 from its operations.

The CO2 injection well project builds on ADNOC’s experience with its carbon capture facility at Al Reyadah, which has the capacity to capture up to 800,000 tons of CO2 per year. The well location for CO2 injection as well as targeted geological formations were identified using the results of ADNOC’s extensive 3D seismic survey and the company’s state-of-the-art subsurface modelling capacity.

The project will contribute to the production of lower-carbon ammonia, an effective and cost competitive hydrogen carrier that can be scaled up quickly and has lower-carbon intensity than other fuels. The project will also be monitored and assessed, using advanced technology at ADNOC’s Thamama Digital Centre of Excellence, to ensure the highest levels of environmental safety as the company expands its carbon capture activities to capture 5 million tonnes per annum by 2030.

The project is the latest in a series of decarbonization initiatives, including a landmark agreement for ADNOC to acquire 100% of its grid power from the Emirates Water and Electricity Company’s (EWEC) nuclear and solar sources, making the company the first major oil and gas company to decarbonize its power at scale though an agreement of this kind. Additionally, ADNOC recently reached financial close on a $3.8 billion deal to build a MENA first-of-its-kind sub-sea transmission network, connecting ADNOC’s offshore operations to TAQA’s clean onshore power network which once complete, could reduce offshore carbon intensity by up to 50%.

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Environment

CMA CGM launches project to decarbonize the French shipping industry

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CMA CGM launches project to decarbonize the French shipping industry. Image: CMA CGM
CMA CGM launches project to decarbonize the French shipping industry. Image: CMA CGM
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The CMA CGM Group has launched a call for projects targeted at startups and businesses working on concrete solutions to step up the pace of decarbonization within all areas of the French shipping industry. Announced at the Assises de l’Économie de la Mer by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, it is backed by the CMA CGM Fund for Energies.

Unprecedented call for projects opened to all companies operating in the French shipping industry

This call for projects is open to all startups and businesses wanting to step up the pace of decarbonizing the “blue economy” in mainland France and the French overseas territories in the following areas:

  • shipping
  • tourism and cruising
  • fishing and seafood products
  • infrastructure
  • naval and nautical industries
  • renewable energies.

Projects will be selected based on their concrete impact on the decarbonizing of the French shipping industry, the maturity of the projects and the economic feasibility. Some of them may receive shared investments from the public sector and private operators and beneficiate from the assistance of shipping industry experts to give them every chance of success.

In collaboration with the French State Secretariat for the Sea and the various public actors involved in the France 2030 plan, and in accordance with its commitment, the CMA CGM Group opens the platform on January 30, 2023: https://decarbonation.cma-cgm.com

Financed by the CMA CGM Fund for Energies

The Fund for Energies was created by Rodolphe Saadé in September 2022, providing €1.5 billion over five years, and aims to accelerate its energy transition in order to achieve Net Zero Carbon by 2050. This fund invests to support the development and generation of renewable energies, step up the pace of decarbonizing industrial facilities across all of the Group’s activities, and promote innovative projects and low emission mobility solutions.

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Air Freight

Kuehne+Nagel and Lenovo partner for ‘first-of-its-kind’ SAF service

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Kuehne+Nagel and Lenovo partner for ‘first-of-its-kind’ SAF service. Image: Kuehne+Nagel
Kuehne+Nagel and Lenovo partner for ‘first-of-its-kind’ SAF service. Image: Kuehne+Nagel
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To support enterprises in their commitment to minimise their environmental footprint and combat climate change, Lenovo is joining forces with Kuehne+Nagel to create a first-of-its-kind logistics service in the technology industry. Through a purchase add-on, Lenovo customers can now ship IT equipment and devices with Sustainable Aviation Fuel, a fuel produced from sustainable feedstocks that when used reduces GHG emissions.

SAF is currently the most effective measure to significantly reduce the environmental footprint of air freight. When opting for SAF, Kuehne+Nagel will provide an emission reduction certificate to Lenovo and its customers indicating the amount of SAF litres per purchased device for any trade lane and carrier handling the shipment. This transparency allows customers to reduce their scope 3.1. emissions for purchased goods and services according to the amount of CO2e1 avoided in the transport.

Yngve Ruud, Member of the Management Board of Kuehne+Nagel, responsible for Air Logistics, comments: “Kuehne+Nagel continues to develop easy and value-adding sustainable shipping options for its customers. We are pleased that Lenovo chose our innovative SAF concept which offers emission certificates not only to Lenovo but also to its customers and thus supports all stakeholders across their supply chain in achieving their SBTi2 targets. Now, Lenovo customers can avoid CO2e emissions while shipping air freight regardless of the lane or airline”.

“This innovative approach we have forged with Kuehne+Nagel continues our commitment to delivering sustainable products and solutions. At the same time, we continue to explore, deploy, and champion all opportunities to reduce emissions generated through handling, storage, and transportation of our products,” said Gareth Davies, Head of Global Logistics at Lenovo.

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Container Terminal

DP World’s container terminal reduces 55% of its net carbon emissions

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DP World's container terminal reduces 55% of its net carbon emissions. Image: DP World
DP World's container terminal reduces 55% of its net carbon emissions. Image: DP World
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DP World’s container terminal at Southampton enjoyed its greenest-ever year in 2022 after delivering a 55% reduction in net carbon emissions from its fleet and installations.

DP World, the leading provider of worldwide smart end-to-end supply chain logistics, runs the UK’s most advanced logistics hubs: two deep water ports at Southampton and London Gateway with access to freight rail terminals, and a rapidly expanding logistics park on the doorstep of the capital.

The news represents a major step forward for DP World’s ambitious plans to reduce emissions after Southampton became the first port in the UK to eliminate fossil diesel from its operations entirely and transition to Hydrotreated Vegetable Oil (HVO) last April.

HVO is a renewable biodiesel derived from sustainable sources which, as well as lowering carbon dioxide emissions, reduces levels of nitrogen oxide, particulate matter and carbon monoxide. DP World estimates the switch from diesel to HVO at the port saves around 14,000 tonnes of carbon dioxide annually – the equivalent of taking more than 8,000 family cars off the roads.

Steve McCrindle, DP World’s Port Operations Director at Southampton, said: “We are delighted by the progress we have made on our green journey since moving to sustainable HVO last April. The transition away from fossil diesel means that the overwhelming majority of the fuel used at Southampton now comes from a green and renewable source.”

“We will use HVO for the entirety of 2023 and therefore expect a further 35% net reduction in carbon emissions from our fleet and installations by the end of the year, making for a 90% reduction compared with 2021. This sector-leading performance shows our commitment to playing our part in helping the UK meet its Net Zero 2050 policy,” McCrindle added.

DP World operates ports, terminals and logistics businesses on six continents. At London Gateway the new £350 million fourth berth, which will lift capacity by a third when it opens in 2024, will be all-electric and the UK’s first all-electric terminal tractor is now in service.

Southampton already has the highest proportion of containers moved by rail in the UK (up to 30%). Combined with London Gateway, this means around 300,000 trucks are taken off UK roads each year, saving emissions and reducing congestion.

The company has also earmarked a further £1 billion for investment in the UK over the next 10 years.

DP World announced plans in November last year to invest up to US$500 million to cut carbon emissions from its operations by nearly 700,000 tonnes over the next five years. The reduction represents a 20% cut from 2021 levels, through electrifying assets, investing in renewable power and exploring alternative fuels. In the longer term, DP World aims to be a carbon neutral business by 2040 and has a clear roadmap to achieve net zero carbon emissions by 2050 across its entire global network

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