Saudi Aramco seen achieving its CCUS goals
Abundant storage and low cost of capturing CO₂ from sharply rising gas production mean NOC’s ambitious CCUS targets look well within reach
Saudi Aramco is expected to achieve its target to capture 6mt/yr of CO₂ starting 2027 and further scale up deployment of CCUS as it boosts gas production, taking advantage of low capture costs, abundance of storage sites and clustering of emitting facilities. Aramco is building a CCUS hub in Jubail in the eastern province that will store as much as 6mt/yr of CO₂ from its own operations, with another 3mt/yr coming from surrounding industries. By 2035, Aramco wants to capture 11mt/yr of CO₂ from its own plants and other industries. Aramco ultimately wants to capture 44mt/yr of CO₂. “This is a big game-changer on many fronts,” Aramco CEO Amin Nasser said in November 2022. “It is also part of a
![](/images/white-fade.png)
Also in this section
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence