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Reuters
Reuters
Business

ADNOC, Total agree CO2 emissions reduction, de-carbonisation projects

FILE PHOTO: Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai

The Abu Dhabi National Oil Company (ADNOC) said it signed on Thursday a strategic framework agreement with Total to explore joint research, development and deployment partnership opportunities in the areas of CO2 emission reductions and carbon capture, utilisation and storage.

ADNOC plans to expand its carbon capture and utilization capacity six-fold, to reach 5 million tonnes of CO2/year by 2030, the company said in a statement.

FILE PHOTO: The logo of French oil and gas company Total is seen at a petrol station in Neuville Saint Remy, France, October 1, 2020. REUTERS/Pascal Rossignol

(Reporting by Maher Chmaytelli; editing by David Evans)

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