Abu Dhabi, UAE – October 3, 2023: ADNOC and Occidental announced, today, an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility outside the United States (US). The agreement is the first project to reach the technical feasibility stage since the two companies signed a strategic collaboration agreement, in 2023, to explore carbon capture, utilization and storage (CCUS) projects in the UAE and the US. The study will assess the proposed one million tonnes per annum (mtpa) DAC facility to be connected to ADNOC’s carbon dioxide (CO2) infrastructure for injection and permanent storage into saline reservoirs not used for oil and gas production. ADNOC is in the testing phase of the world’s first full sequestered CO2 injection well in a carbonate saline aquifer in Abu Dhabi.

• Companies to jointly fund engineering study into first megaton direct air capture facility in the region
• Study to assess utilizing ADNOC’s carbon managemen
• ADNOC is leveraging partnerships and technology to accelerate journey to net zero by 2045