Adnoc eyes role as clean tech hub
Recent deals highlight state oil company’s ambitions to be a technology leader in CCS and low-carbon hydrogen
State-owned Adnoc signed a deal in early June to explore the potential domestic manufacture of electrolysers for the nascent local and international green hydrogen industries, three weeks after agreeing with US energy services firm Baker Hughes to perform local testing of various technologies under development for producing low-carbon variants of the fuel. Two months earlier, it launched a pilot project in the eastern emirate of Fujairah trialling an embryonic method of CCS. The two events are symptomatic of the aspirations of the Emirati giant and its government owner not only to decarbonise its own assets but also to make the UAE an international hub for clean energy development—an ambitio
Also in this section
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth