Sumitomo to help decarbonise ADNOC offshore operations
SUMMARY
It is part of Project Lightning, aimed at reducing emissions from ADNOC's offshore oil and gas operations.
By Shardul SharmaPOSTED IN:
Japan’s Sumitomo Electric Industries has received limited notice to proceed (LNTP) from Samsung C&T Corp to deliver a high-voltage direct current (HVDC) cable for ADNOC in the UAE, it said on February 9.
The aim of the project is to decarbonise ADNOC's offshore oil and gas production operations, under Project Lightning. Initial engineering work will start under this LNTP, followed by a full contract award and final investment decision in 2022. The project value is about $200mn and the system operation is expected to be started in 2025.
Sumitomo said this project aims to achieve a significant reduction of CO2 emissions by supplying sustainable power from the mainland through the HVDC transmission system connecting the UAE mainland with Das Island in the Persian Gulf.
