Occidental’s 1PointFive subsidiary and ADNOC to assess the feasibility of building the first megaton-scale DAC facility outside the United StatesHOUSTON, Oct. 03, 2023 Occidental today.
HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) Occidental (NYSE: OXY) today announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for
Strategic collaboration to assess potential investment opportunities aimed at accelerating development of direct air capture and sequestration hub projectsHOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) Occidental (NYSE: OXY) and ADNOC today announced that they will evaluate investment opportunities in Direct Air Capture (DAC) facilities and carbon dioxide (CO2) sequestration hubs in the United States and the United Arab Emirates (UAE) as a pathway toward the development of carbon management platform
ADNOC Gas announced it would award the contract to a joint venture between ADQ state-fund-owned National Petroleum Construction Company and Spain’s Tecnicas Reunidas.