Paving the Path to Carbon Neutrality
Saudi Arabia’s 2060 Net-Zero Ambition
Riyadh, Saudi Arabia – In a bold move towards addressing climate change and curbing greenhouse gas emissions, Aramco, one of the world’s foremost integrated energy and chemicals companies, announced a suite of groundbreaking projects aimed at reducing its carbon footprint.
These initiatives, unveiled on the sidelines of MENA Climate Week 2023, represent a significant step towards Aramco’s ambition of achieving net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned and operated assets by 2050, while also aligning with the Kingdom of Saudi Arabia’s 2060 net-zero goal.
Innovative Approaches for a Sustainable Future
Ahmad Al Khowaiter, Aramco’s Executive Vice President of Technology and innovation, expressed the company’s commitment to innovative solutions to combat climate change.
“These projects highlight just some of the innovative ways that Aramco aims to help mitigate greenhouse gas emissions and address climate change,” he said.
“This includes new and groundbreaking approaches that align with our vision of a circular carbon economy.”
Following the success of a pilot project in Denmark, Aramco is set to collaborate with Topsoe, an industry leader in energy-efficient technologies, to construct a lower-carbon hydrogen demonstration plant at the Shaybah Natural Gas Liquids (NGL) recovery plant in Saudi Arabia.
Expected to produce six tons of hydrogen per day, the plant will employ renewable electricity for electrified steam reforming of hydrocarbons, yielding lower-carbon hydrogen for power generation, with captured CO2 subsequently sequestered.
Direct Air Capture
Aramco is also partnering with Siemens Energy to develop a Direct Air Capture (DAC) test unit in Dhahran, Saudi Arabia. With the capacity to capture up to 12 tons of CO2 per year, the test unit is a precursor to a larger pilot plant expected to capture a staggering 1,250 tons of CO2 annually, scheduled for completion in 2024.
Novel CO2 Sequestration
In yet another innovative stride, Aramco has successfully piloted a CO2 sequestration method using in situ mineralization. The process involves dissolving CO2 in water and injecting it into volcanic rocks in Jazan, Saudi Arabia, resulting in the permanent conversion of CO2 into carbonate rocks.
This pilot project was a collaborative effort between Aramco and the King Abdullah University of Science and Technology, introducing various technologies to enhance efficiency and reduce costs.
Aramco is also exploring the expansion of its renewable energy portfolio through geothermal energy, leveraging naturally heated underground aquifers to produce electricity. Identified areas on Saudi Arabia’s west coast have already been mapped using advanced subsurface technologies, and investigations are underway to assess the extent of geothermal resources at each location.
Aramco’s Transformation into a Sustainable Energy Leader
Aramco, officially known as the Saudi Arabian Oil Company, has a rich history and ambitious future objectives. Established in 1933, it has played a central role in shaping the global oil industry and boasts vast reserves of crude oil and gas fields, making it the world’s largest integrated oil company. Yet, Aramco’s vision extends beyond traditional hydrocarbons, aligning with Saudi Arabia’s Vision 2060 net-zero goal.
Pioneering Clean Technologies
Aramco is actively investing in research and development projects focused on clean technologies, such as hydrogen fuel cells and carbon capture, as part of its transition towards a sustainable energy future. The company aims to be at the forefront of innovation, driving progress across various sectors globally.
While its status as a dominant oil producer will remain pivotal for the foreseeable future, Aramco’s vision surpasses conventional boundaries. The company aspires to be not just an energy provider but a catalyst for innovation, pushing the envelope and championing sustainable practices. In doing so, Aramco exemplifies how even traditional energy giants can pivot towards a more sustainable and environmentally conscious future.