TotalEnergies and Adnoc ink gas, CCUS deal

French LNG player TotalEnergies has signed a strategic partnership agreement with UAE’s Abu Dhabi National Oil Co (Adnoc) to further boost cooperation in the energy sector, including in natural gas and carbon capture.

Under the deal, the two firms would explore opportunities to collaborate in areas of mutual interest including in gas growth, carbon capture utilization and storage (CCUS), and trading and product supply, according to a statement by Adnoc.

TotalEnergies said in a separate statement the duo would work on the development of oil and gas projects in the UAE to “ensure sustainable energy supply to the markets and contribute to global energy security.”

In addition, the includes supplying diesel from the UAE to France, the Paris-based energy giant said.

TotalEnergies currently collaborates with Adnoc across the full value chain, from offshore and onshore exploration, development and production of oil and gas, to gas processing and liquefaction, product marketing, and research and development, it said.

The French firm gas a 5 percent stake in Adnoc LNG, a joint venture in which Adnoc owns a 70 percent stake.

Adnoc LNG currently produces about 6 mtpa of LNG from its facilities on Das Island off the coast of Abu Dhabi.

Besides this terminal, Adnoc is also working on the second LNG export plant in Fujairah.

According to Adnoc, the Fujairah LNG terminal would have two 4.8 mtpa LNG trains, boosting the company’s LNG production capacity by 9.6 Mtpa, as it looks to respond to the growing global demand for natural gas.

This year, its unit Adnoc Logistics & Services placed orders for a total of five 175,000-cbm LNG carriers at China’s Jiangnan Shipyard.

- Advertisements -

Most Popular

ExxonMobil working on larger Rovuma LNG export project in Mozambique

US energy giant ExxonMobil has boosted the capacity of the planned Rovuma LNG onshore terminal in Mozambique and is...

Sempra takes FID on Port Arthur LNG project

US LNG player Sempra Infrastructure, a unit of Sempra, has taken a final investment decision for the first phase...

Excelerate to buy FSRU from Maran Gas

US floating LNG player Excelerate Energy plans to exercise an option to buy the 2020-built FSRU Sequoia from Greece’s...

More News Like This

Angola LNG cancels tenders due to production issues

Angola LNG has canceled tenders due to production issues at the 5.2 mtpa liquefaction plant in Soyo. "I can confirm...

GSI delivers two LNG-powered tankers

China’s Guangzhou Shipyard International (GSI) has delivered LNG-powered tankers to a joint venture of Singapore’s Hafnia and CSSC Shipping,...

TotalEnergies, ExxonMobil, Santos launch Papua LNG FEED

Operator TotalEnergies and its partners ExxonMobil and Santos have launched fully-integrated front-end engineering and design (FEED) for the Papua...

TotalEnergies buys Polish biogas producer

France's TotalEnergies, one of the world's largest LNG players, said it had acquired Poland’s main biogas producer, Polska Grupa...