Saudi Aramco and Bahrain plan to conduct a feasibility study on boosting oil output, benefiting from Aramco’s produced carbon dioxide, Trade Arabia reported.
The countries’ decision came after a meeting held between Bahrain’s Oil Minister Mohammed Al-Khalifa and Saudi Aramco Chief Technology Officer Ahmad Al-Khowaiter.
The meeting was also attended by Officials representing the National Oil and Gas Authority (NOGA) and the Oil and Gas Holding Company.
The agreement was signed by Oil and Gas Holding Company acting CEO Dhafer Al-Jalahma and Al-Khowaiter.
Aramco and Bahrain’s companies exchanged information during the meeting, which discussed also ways to benefit from the carbon dioxide injection technology and set up a carbon dioxide transport and distribution network.
Al-Khowaiter pointed out that this agreement comes in line with the planned Middle East Conference on Carbon capture and storage (CCS), which will be organized in January 2020 by NOGA.