- Pilot is part of a wider innovation partnership between both companies to meet the energy transition
- The agreement includes the co-creation of “Power-to-X” technologies to produce green hydrogen and its derivatives
Abu Dhabi – Abu Dhabi National Oil Company (ADNOC) and Siemens Energy AG today announced plans to pilot blockchain technology to certify the carbon intensity of a range of products.
Using smart sensor data collected from ADNOC’s entire operational chain – from the oil well straight to the customer – the pilot will show how much CO2 was used to make products such as Murban crude oil, ammonia and jet fuel. This information will be automatically recorded in a decentralized blockchain ledger.
Such transparency would allow independent regulators to certify the carbon intensity of products. It will also give customers greater confidence and clarity about the carbon footprint of their purchases.
Abdulmunim Saif Al Kindy, Executive Director of the People, Technology & Corporate Support Directorate at ADNOC, said: “People typically associate blockchain technology with cryptocurrencies, but the use of decentralized ledgers has significant implications for the energy industry. This pilot promises to put a digital spotlight into production processes ours. It will show the world why energy supplied by ADNOC is among the least carbon intensive in the oil and gas industry.”
The low carbon energy certificate initiative is part of a wider memorandum of understanding between ADNOC and Siemens Energy. Under the agreement, specialists from both companies will co-create technologies to accelerate decarbonisation and the transition to clean energy. They will work together at ADNOC’s state-of-the-art innovation facility in Abu Dhabi. Other areas under joint development include electrification and “Power-to-X” technologies to produce green hydrogen and its derivatives, including synthetic CO2-derived products.
Dr. Fahad Al Yafei, Chief Technology Officer, Siemens Energy Middle East, said: “Leveraging our unique knowledge and expertise on sustainability certificates, Siemens Energy will work with ADNOC to develop solutions to benefit the energy industry. Investment in innovation and co-creation of technologies are important tools for reducing emissions and meeting Net Zero goals.”
According to an agreement, signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the collaboration between ADNOC and the Siemens Energy Innovation Center will start by the end of the fourth quarter of 2022. The agreement was signed by Sophie Hildebrand, Chief Technology Officer, ADNOC and Dr .Al Yafei.
The collaboration is the latest in a series of innovation partnerships between ADNOC and leading technology pioneers from around the world.
The Siemens Energy Middle East Innovation Center is one of four global innovation hubs leveraging the company’s expertise in developing sustainable, reliable and affordable clean energy technologies.
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About ADNOC
ADNOC is a leading diversified energy and petrochemical group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the UAE’s economic growth and diversification. To find out more, visit: www.adnoc.ae
About Siemens Energy
Siemens Energy is one of the world’s leading energy technology companies. The company collaborates with its customers and partners on energy systems for the future, thereby supporting the transition to a more sustainable world. With its portfolio of products, solutions and services. Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. www.siemens-energy.com
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