CCUS Forum

نحتفل اليوم معكم ، باليوم الوطني السعودي  حيث نحتفل بتاريخ المملكه العريق وحضارتها ، ووحدتها، وتقدمها. نكرم الماضي ونتطلع إلى مستقبل مشرق برؤية طموحة .

No one has gone this big before. This is exactly why we’re leveraging the expertise and years of experience of our full team to build STRATOS at the climate relevant scale we believe is required to make a difference. “...it's not just a plant, it's an industry that we're building." - Christine Irvin, Director, Direct Air Capture, Oxy Low Carbon Ventures We continue to remain ambitious, diligent and pushing the boundaries because that’s what we believe the climate challenge requires. STRATOS is just the beginning for 1PointFive. Learn more about this project and others: https://lnkd.in/giG2wSDM This video contains forward looking statements: https://lnkd.in/gZ_jJnMt

Happy to share our new KAPSARC Instant Insight that we wrote together with Colin Ward. In this paper, we look into existing and planned CCUS capacities in the Gulf Cooperation Council (GCC) countries and compare them with current and potential LNG emissions. We also look into the potential cost of deploying CCUS for LNG in Saudi Arabia. It's a short read, but hopefully will be informative for you. Enjoy! You can download the paper for free here: https://lnkd.in/dhuNatJH #energy #decarbonization #emissions #CCUS #LNG #GCC #SaudiArabia #KAPSARC

Stoked to announce Executive Committee Member Talal Hasan! Talal is the Founder and CEO of 44.01, an Omani technology company that eliminates CO₂ by turning it into rock. Talal founded 44.01 in 2020 with the goal of accelerating the natural process of carbon mineralisation to remove CO2 permanently, safely and at scale. The company won the Earthshot Prize in 2022 and was named an XPRIZE Carbon Removal Top 20 Finalist in 2024. 44.01 currently has operations in Oman and the UAE and is working to export its technology internationally. #OmanClimateWeek #ClimateAction #CO2 #CarbonCapture #NetZero

Earth is becoming hotter and more dangerous for everyone, everywhere. Together with ten specialized UN entities, UN Secretary-General António Guterres has launched a Call to Action on Extreme Heat. The paper published today calls for an urgent and concerted effort to address extreme heat in four critical areas: 👭 Caring for the vulnerable 👷♀️Protecting workers 📊 Boosting resilience of economies and societies using data and science 💚Limiting temperature rise to 1.5°C by phasing out fossil fuels and scaling up investment in renewable energy. Read more here: https://bit.ly/3Sj1IO8

Carbon Removal can make a huge difference in creating a more sustainable world. Explore the many benefits of Direct Air Capture. 1PointFive #CarbonRemoval #DAC #CCUS

The OGCI (Oil and Gas Climate Initiative), in collaboration with Boston Consulting Group (BCG), has published an insightful white paper on the role of #CarbonCaptureAndUtilization (#CCU) in advancing #DecarbonizationEfforts. This comprehensive study delves into the evolving market landscape, promising utilization pathways, and the key #Challenges and #Opportunities in scaling CCU #Technologies. #Highlights Include: 🔑#MarketEvolution: Insights into the fast-evolving CCU market and its potential growth by 2040. 🔑#UtilizationPathways: Exploration of key pathways such as construction aggregates, CO₂-cured concrete, and e-fuels. 🔑#ChallengesAndSolutions: Identification of barriers to scaling and the regulatory, economic, and technological enablers needed to overcome them. 🔑#FutureOutlook: Strategies to realize the market potential and contribute significantly to global decarbonization goals. #KeyTakeaways: 💡CCU can significantly contribute to a #CircularEconomy by capturing and reusing CO₂ emissions. 💡While the market for CO₂ utilization is currently small, it holds substantial potential for growth with the right set of regulatory incentives, technological advancements, and investments in #RenewableEnergy. Explore the full report to understand how CCU can be leveraged as a powerful tool in our journey towards a #NetZeroEmissions future. 📖 Check the PDF to learn more #CCUS #Decarbonization #Sustainability #ClimateChange #NetZero #Innovation #EnergyTransition #CircularEconomy

🌍 Exciting developments in the MENA region! 🌍 The Middle East and North Africa are stepping up their game in mitigating carbon emissions, with many CCUS (Carbon Capture, Utilization, and Storage)initiatives. These projects underscore the region's commitment to reducing carbon footprints while exploring innovative solutions. Here are some major CCUS initiatives in MENA: - Oman: Oxy and OQGN are jointly developing CCUS and EOR projects, enabling Oman's decarbonization initiatives and showcasing a commitment to innovation. - Algeria: The In Salah CCS project in Algeria pioneers onshore CO2 capture and storage, setting a global example for CCS projects. - Egypt: Egypt's Oil Ministry and Eni are implementing a pilot carbon capture project in the Western Desert, marking Egypt's first carbon capture initiative. - Kenya: Climeworks and Great Carbon Valley are partnering to develop direct air capture in Kenya, utilizing the country's abundant geothermal resources. - UAE: ADNOC's Habshan CCUS facility in UAE will capture and store 1.5 million tonnes of CO2 annually, representing one of the largest projects in the region. - Qatar: Qatar is investing in large-scale CCS facilities, planning to store over 11 million tons of CO2 per year by 2035 to support decarbonization efforts. - KSA: Saudi Arabia aims to become a global CCUS leader by 2027, with the opening of the world's largest carbon capture hub in Jubail, storing up to 9 million tonnes of CO2 annually. These initiatives highlight MENA's significant strides in carbon capture and storage, contributing to global efforts for a sustainable future. #MENA #CCUS #Sustainability

44.01 has successfully completed a $37 million Series A funding round, led by Equinor Ventures and Shorooq Partners, with participation from notable investors including ALIAD Venture Capital by Air Liquide, Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment (CI), Innovation Development Oman, Planet A Ventures, Salica Investments, Oryx Fund, Siemens Financial Services, Sumitomo Corporation, Breakthrough Energy and several other. This funding will accelerate the development, commercialization, and global expansion of 44.01’s CO2 mineralization technology, which has been piloted in Oman and the UAE.

Centre on Regulation in Europe (CERRE) has unveiled its bold White Paper, "Ambitions for Europe 2024-2029," setting the stage for transformative change in the EU! With #Nine ambitious #Goals, CERRE's roadmap aims to tackle the #TwinDigital and #EnergyTransitions amidst #GlobalChallenges, promising a dynamic and competitive #Europe. Discover the full vision at cerre.eu 1- Cutting-edge #Digital_Infrastructures 2- A thriving #DataEconomy 3- Resilient #EnergyMarkets 4- A groundbreaking European Mobility #DataSpace 5- A new #RegulatoryApproach 6- A safe online platform #Ecosystem 7- Efficient #EnergyMarkets 8- Fair #PublicTransport 9- Governance frameworks for #NetZero https://lnkd.in/dPfKVfEX #TransformativeChange #Digital_Infrastructures #DataEconomy #EnergyMarkets #DataSpace #RegulatoryApproach #Ecosystem #PublicTransport #NetZero #TwinDigital #EnergyTransitions