Adnoc, Eni ink deal to work on carbon capture research

Adnoc, Eni ink deal to work on carbon capture research

The Abu Dhabi National Oil Company (Adnoc), signed on Monday, a strategic framework agreement with Italy's energy company (Eni), to explore new opportunities for collaboration in carbon capture utilisation and storage (CCUS), and additional strategic opportunities in research and development across the oil and gas value chain.. The agreement brings together two leading energy producers and harnesses their world-class talent and technologies to unlock value in areas of strategic importance to both companies while reinforcing their existing partnerships across the oil and gas value chain.. Commenting on the agreement, Dr Al Jaber said, "We are pleased to sign this strategic framework agreement with Eni that builds on our successful partnerships across the oil and gas value chain.. The two partners also agreed to assess additional strategic opportunities for collaboration in R&D that can potentially optimise performance, drive efficiencies and unlock greater value for both companies.. The potential for collaboration in CCUS by Adnoc and Eni complements Adnoc's CCUS programme which has seen the company establish the Al Reyadah facility, the first commercial-scale CCUS facility in the Middle East..