In a joint assertion launched Wednesday, ADNOC and Abu Dhabi Nationwide Vitality Firm PJSC (TAQA) introduced the award of a “strategic funding challenge”, estimated to be price as much as $2.4 billion (AED 8.8 billion), to supply sustainable water provide for ADNOC’s onshore operations.
The challenge will develop a centralized “world-class” seawater remedy facility and transportation community for operations on the Bab and Bu Hasa fields in Abu Dhabi, the assertion revealed, including that this challenge will change the present high-salinity, deep aquifer water programs on the fields, “thereby decreasing water injection associated vitality consumption by as much as 30 %”.
The challenge will ship greater than 110 million imperial gallons per day of nano filtered seawater by way of 75 kilometers of transportation and over 230 kilometers of distribution pipelines and two pumping stations, in keeping with the assertion. It is going to be linked to the grid and can obtain one hundred pc of its energy from clear vitality sources, the assertion highlighted.
ADNOC and TAQA will every maintain a 25.5 % stake in a “challenge firm” and the remaining 49 % stake has been awarded to a consortium comprised of Orascom Development and Metito, the assertion outlined. The consortium will organize the challenge financing for the development section and develop the challenge underneath a construct, personal, function and switch mannequin, with the total challenge being returned to ADNOC after 30 years of operation, the assertion famous.
“We’re delighted to accomplice with TAQA and different trade leaders on this strategic challenge that can scale back our environmental footprint and unlock important worth as we proceed to decarbonize and future proof our operations,” Abdulmunim Al Kindy, ADNOC’s Upstream Government Director, stated in an organization assertion.
“The challenge will improve our onshore vitality effectivity by changing less-efficient high-salinity, deep aquifer water programs with a centralized seawater remedy facility and transportation community,” he added.
“With a considerable portion of the challenge worth flowing again into the UAE economic system, this landmark initiative will additional stimulate financial and industrial progress and create industrial alternatives for the non-public sector, consistent with the UAE Management’s clever directives,” he continued.
Jasim Husain Thabet, TAQA’s Group CEO and Managing Director, stated, “as a champion for low carbon energy and water, TAQA is happy to accomplice once more with ADNOC, this time to advance the UAE’s sustainability targets by offering handled seawater for ADNOC’s onshore operations”.
“As a significant utility, TAQA is particularly dedicated to partnerships like this that use our experience to assist drive environmental stewardship whereas sustaining water safety and supporting financial progress,” Thabet added.
Aggressive Course of
Again in March 2021, ADNOC introduced the launch of a aggressive course of to hunt and choose a developer, or developer consortium, to personal an fairness stake in a particular goal automobile to take part within the growth of a big scale seawater remedy and transmission pipeline challenge within the Emirate of Abu Dhabi.
ADNOC famous on the time that the challenge would change the present aquifer water injection programs used for sustaining reservoir strain in all onshore oil fields in Abu Dhabi.
It additionally stated again in 2021 that the challenge will comprise the event, financing, development, operation, upkeep, and possession of two standalone greenfield seawater nanofiltration vegetation with a mixed remedy capability of roughly 210 million imperial gallons per day, along with pumping stations and transmission pipelines to move the handled water to onshore oilfields.
Earlier this month, ADNOC introduced the launch of a world competitors “to search out improvements that can reshape the worldwide vitality panorama”, dubbed the Decarbonization Know-how Problem.
The problem – which is being supported by Amazon Net Companies, BP, Hub71, and the Web Zero Know-how Heart – helps ADNOC’s technique to convene cross sectoral companions to search out recent and significant options to speed up a accountable vitality transition, in keeping with a press release posted on its web site.
Additionally in Might, ADNOC introduced a cope with Baker Hughes to speed up the event and commercialization of know-how options for inexperienced and low-carbon hydrogen, in addition to graphene. The settlement adopted a strategic know-how collaboration settlement signed between the 2 firms in November 2022, ADNOC highlighted.
Throughout the identical month, ADNOC revealed that its “world class” low-carbon LNG progress challenge will transfer ahead within the Al Ruwais Industrial Metropolis, Al Dhafrah, Abu Dhabi. Via its deliberate LNG progress challenge, ADNOC stated it intends to greater than double its LNG manufacturing capability to satisfy elevated world demand for pure gasoline.
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