Abu Dhabi National Oil Company (Adnoc) is on track to start injecting carbon dioxide (CO2) into some reservoirs in 2016 as part of plans to boost oil production and replace the use of hydrogen gas in the fields.
Adnoc has set up a joint venture with the green energy firm Masdar for carbon capture, usage and storage projects, which will utilise CO2 emitted from the country’s largest steelmaker, Emirates Steel. Masdar and Adnoc will announce this year the price formula for the CO2.
“We have our set price agreement, but it is not yet public to be announced,” said Arafat Al Yafei, the manager of the CO2 and Nitrogen development department.
The emirate of Abu Dhabi, which holds more than 90 per cent of the country’s oil reserves, is one of the first in the Arabian Gulf to work on such a project for use in Enhanced Oil Recovery (EOR) for difficult reservoirs in oilfields.
As many as 100 carbon capture projects are needed by 2020 and 3,000 by 2050 to slow the speed of global warming, according to the Paris-based International Energy Agency. Globally, many such projects have failed because they proved not to be commercially viable and because of concerns about the risk of storing carbon dioxide underground.
The joint venture between Adnoc and Masdar has a budget of Dh450 million and in July it awarded Dodsal Group an engineering, procurement and construction contract to build facilities for the project. From the Emirates Steel plant in Mussafah, 800,000 tonnes a year of CO2 will be piped 50 kilometres to the Rumaitha field, one of the smaller fields in Abu Dhabi’s main onshore concession, and later to Bab, its largest onshore oilfield. In 2009, Adnoc injected 60 tonnes a day of CO2 in a two-year pilot project at Rumaitha to get information about reservoir behaviour.
But the EOR project has the potential to grow further.
“We have many demand locations within Abu Dhabi reservoirs. Rumaitha and Bab is the starting [point]. So potentially it will grow with time and it will add value to the oil and gas industry in Abu Dhabi,’’ said Mr Al Yafei.
“We are preparing ourselves for the future. We want to be proactive in that approach. We don’t want to be shocked with the demand or need to inject EOR while we are not ready.”
The project will help increase production from the fields, as part of Abu Dhabi’s plans to boost oil production capacity to 3.5 million barrels per day (bpd) by 2017 from less than 3 million bpd today.
“For the time we are trying to prove the concept, once we start in 2016 the actual operation we will know exactly how much additional oil will come from this project,” said Mr Al Yafei.
Abu Dhabi needs more gas and would like to replace the use of gas in oilfields with carbon doixide to free it up for other usage. The emirate also has one of the world’s highest carbon footprints and would like to reduce its emissions.
business@thenational.ae
UAE currency: the story behind the money in your pockets
Difference between fractional ownership and timeshare
Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
Company%20profile
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Stage results
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3. Primoz Roglic (SLV) Jumbo-Visma same time
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COMPANY%20PROFILE%20
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War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
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Jewel of the Expo 2020
252 projectors installed on Al Wasl dome
13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas
550 tonnes of moulded steel were raised last year to cap the dome
724,000 cubic metres is the space it encloses
Stands taller than the leaning tower of Pisa
Steel trellis dome is one of the largest single structures on site
The size of 16 tennis courts and weighs as much as 500 elephants
Al Wasl means connection in Arabic
World’s largest 360-degree projection surface
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
England-South Africa Test series
1st Test England win by 211 runs at Lord's, London
2nd Test South Africa win by 340 runs at Trent Bridge, Nottingham
3rd Test July 27-31 at The Oval, London
4th Test August 4-8 at Old Trafford, Manchester
UAE currency: the story behind the money in your pockets
Company Profile
Company name: Big Farm Brothers
Started: September 2020
Founders: Vishal Mahajan and Navneet Kaur
Based: Dubai Investment Park 1
Industry: food and agriculture
Initial investment: $205,000
Current staff: eight to 10
Future plan: to expand to other GCC markets
The%20specs
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Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
RESULTS
6.30pm: Meydan Sprint Group 2 US$175,000 1,000m
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Winner: Secret Ambition, Richard Mullen, Satish Seemar
7.40pm: Handicap $160,000 1,400m
Winner: Raven’s Corner, Richard Mullen, Satish Seemar
8.15pm: Dubai Millennium Stakes Group 3 $200,000 2,000m
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8.50pm: Zabeel Mile Group 2 $250,000 1,600m
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9.25pm: Handicap $125,000 1,600m
Winner: Capezzano, Mickael Barzalona, Salem bin Ghadayer
Janet Yellen's Firsts
- In 2014, she became the first woman to lead the US Federal Reserve
- In 1999, she became the first female chair of the White House Council of Economic Advisers
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