{"id":84805,"date":"2024-06-11T00:00:00","date_gmt":"2024-06-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/06\/11\/feed-scope-complete-for-worlds-largest-carbon-capture-hub-in-saudi\/"},"modified":"2024-06-11T00:00:00","modified_gmt":"2024-06-11T00:00:00","slug":"feed-scope-complete-for-worlds-largest-carbon-capture-hub-in-saudi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/06\/11\/feed-scope-complete-for-worlds-largest-carbon-capture-hub-in-saudi\/","title":{"rendered":"FEED scope complete for world\u2019s largest carbon capture hub in Saudi"},"content":{"rendered":"

Project Update: FEED completed for Aramco\u2019s carbon capture hub: <\/strong>Scotland-based consulting and engineering firm Wood<\/a> has finalized the front-end engineering and design (FEED) scope for the first phase of Aramco\u2019s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, according to a statement<\/a>. The completed designs include greenfield dehydration and compression facilities, and a large pipeline network that will carry emissions to be sequestered in onshore geological storage. The facility is set to be the world\u2019s largest carbon capture project once completed.<\/p>\n

The details: <\/strong>Aramco signed the agreement to build the ACCS project back in November 2022<\/a>. The facility will have the capacity to store up to 9 mn tons of carbon dioxide a year by 2027 and will be located in Jubail. Around 6 mn tons of CO2 will come from Aramco while the rest will be received from industrial sources. The exact timeline or investments for the project were not disclosed. <\/p>\n

Part of bigger plans: <\/strong>Aramco plans to store up to 14 mn tons per annum of CO2 equivalent by 2035, the statement said. The firm also has plans<\/a> to lead a future market for blue hydrogen \u2014 a form of zero-carbon fuel made through a process that captures its own carbon emissions. Aramco is planning to produce 11 mn tons<\/a> of blue ammonia by 2030.<\/p>\n

This isn\u2019t Aramco\u2019s first carbon capture venture: <\/strong>The oil giant signed three MoUs<\/a> with US companies last month which included an agreement with direct air capture startup Spiritus to explore potential investments in direct air capture to help address challenges related to the implementation of the technology due to its high costs. Aramco\u2019s venture capital arm Aramco Ventures also participated in a USD 80 mn funding round for US-based climate tech company CarbonCapture, marking one of the largest investments into the technology. Aramco Ventures invests in green projects<\/a> globally including carbon capture. <\/p>\n

About <\/strong>Wood:<\/strong> Wood \u2014 which has an office in Abu Dhabi \u2014 focuses on consulting and engineering for energy and materials markets including hydrogen, renewables, and minerals, according to its website<\/a>. The company is no stranger to carbon capture projects and offers initial concept and feasibility studies, engineering design, and monitoring of pipelines and storage hubs. <\/p>\n","protected":false},"excerpt":{"rendered":"

The project will store up to 9 mn tons of carbon dioxide annually<\/p>\n","protected":false},"author":1,"featured_media":84806,"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":[440],"tags":[234,68,11,159],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-carbon-storage","tag-aramco","tag-carbon-storage","tag-enterpriseclimate","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"3cc382bd-a12c-4d64-9d39-4e16de4f54e1","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2398.jpg","photo_position":"above","homepage_title":"","full_issue_title":"FEED scope complete for world\u2019s largest carbon capture hub in Saudi","related_issue":[84800],"teaser":"The project will store up to 9 mn tons of carbon dioxide annually","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.20e07907-c8ee-428b-92b5-59ff0c1f5311.mp3"},"yoast_head":"\nFEED scope complete for world\u2019s largest carbon capture hub in Saudi - 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