Middle East Economic Survey


No 39


Abu Dhabis Oil Field CCS Projects Face More Delays

During confusion over CO2 pricing and uncertain EOR projects, majors have to negotiate for ADCO concession renewal.

Abu Dhabi has delayed further its carbon capture and storage (CCS) scheme, which it says will be the worlds largest. The emirates Masdar clean energy initiative received in December engineering procurement construction (EPC) bids to build a 49km, carbon dioxide pipeline...