Gulf NOCs feel their ways towards decarbonisation
Saudi Arabia lags the UAE in both standalone carbon capture and its deployment of low-emission hydrogen
Design work on the first phase of Saudi Aramco’s flagship CCS project was declared complete in early June, paving the way for belated assignment of the construction work, while Emirati NOC ADNOC awarded the main contract in May on its first blue hydrogen scheme. The twin developments are testament to the multiple portfolio diversification strands being pursued by the Mideast Gulf’s two most dynamic NOCs—at home and, increasingly, overseas—but also to the inevitably patchy progress, as both the historically crude oil-focused firms test out novel technologies and adapt to uncertain future market dynamics. Aramco unveiled plans to develop a vast CCS hub at Jubail, a downstream hub in the oil-ri
Also in this section
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
11 March 2025
A reassessment of clean hydrogen’s growth trajectory is underway, but the energy vector’s long-term potential to decarbonise remains intact
10 March 2025
Collaboration has become crucial to success as projects turn out to be more complex and expensive than previously thought, industry figures tell Dubai conference
