{"id":74206,"date":"2022-10-04T01:58:03","date_gmt":"2022-10-04T01:58:03","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/10\/04\/theres-an-idea\/"},"modified":"2022-10-04T01:58:03","modified_gmt":"2022-10-04T01:58:03","slug":"theres-an-idea","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/10\/04\/theres-an-idea\/","title":{"rendered":"There\u2019s an idea\u2026"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>SMART POLICY- Sharjah wants to turn depleted wells into carbon capture <\/strong><strong>facilities: <\/strong>UAE state-owned gas producer Sharjah National Oil Corporation (Snoc) is mulling turning some of its depleted gas reservoirs into carbon capture and storage sites, Masoud Ahmed Al Hamadi, the company\u2019s exploration and production manager, told Dubai-based energy consultancy Gulf Intelligence (GI) in an interview last Wednesday (<a href=\"https:\/\/youtu.be\/u-u2NCg6-tY?t=775\">watch, runtime: 12:55<\/a>). Snoc has around 50 wells from depleted gas reservoirs that can be utilized to store captured carbon, including Sajaa \u2014 the largest of these depleted wells, Al Hamadi told GI.<\/p>\n<p><strong>SOUND SMART- Depleted gas wells can be ideal for carbon capture given their storage <\/strong><strong>capacity: <\/strong>They\u2019re sturdy enough to effectively hold the gas \u2014 existing infrastructure, including pipelines to store and transport gas, can be repurposed to store and ship CO2, <a href=\"https:\/\/ent.news\/2022\/10\/1077.pdf\">according to a study (pd<\/a><a href=\"https:\/\/ent.news\/2022\/10\/1077.pdf\">f)<\/a> published by the Global Carbon Capture and Storage Institute (CCSI).<\/p>\n<p><strong>This isn\u2019t the UAE\u2019s first stint in carbon capture: <\/strong>The first commercial-scale carbon capture and storage plant in the region was <a href=\"https:\/\/www.adnoc.ae\/en\/sustainability-and-energy-transition\/energy-transition\/carbon-capture-storage-and-utilization\">established<\/a> in the UAE in 2016. The plant was developed by Adnoc and currently has the capacity to capture 800k tons of CO2 annually. \u201cThe region is well positioned to become a leader, both in the CCS market and the energy transition more broadly,\u201d CCSI global CEO Jarad Daniels said at the inauguration of CCSI\u2019s MENA HQ in Masdar City <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/58613255-13d9-4e90-9869-38ceb12e5d9e\">last month<\/a>.<\/p>\n<p><strong>But it hasn\u2019t picked up across MENA, and that\u2019s due, in part, to a lack of regulation. <\/strong>But that may be changing: \u201cEurope has started to change the regulations now [...] and the Middle East is coming soon, and hopefully the UAE, too,\u201d Al Hamadi said.<\/p>\n<p><strong>Can\u2019t discount the high costs:<\/strong> Substantial investments will be required to push down the cost of carbon capturing and storage projects in the region, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SMART POLICY- Sharjah wants to turn depleted wells into carbon capture facilities: UAE state-owned gas producer Sharjah National Oil Corporation (Snoc) is mulling turning some of its depleted gas reservoirs into carbon capture and storage sites, Masoud Ahmed Al Hamadi, the company\u2019s exploration and production manager, told Dubai-based energy consultancy Gulf Intelligence (GI) in an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[983],"tags":[982,68,11,981,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74206","post","type-post","status-publish","format-standard","hentry","category-carbon-capture","tag-carbon-capture","tag-carbon-storage","tag-enterpriseclimate","tag-sharjah-national-oil-company","tag-uae","wpautop","entry"],"acf":{"mongo_id":"44ae0305-d58a-40fa-ad4f-2add465170b6","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[74198],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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