Mubadala Petroleum has signed a Memorandum of understanding (MoU) with Eni company to find cooperation opportunities in the energy transition including the fields of hydrogen and carbon capture, utilization and storage.

Park Energy Services has acquired a certain lower horsepower operating assets from Archrock.

Equinor company along with SSE company plan to establish a new gas-fired power plant with carbon capture technology at Peterhead in Scotland.

Saudi Aramco announced that it has developed a new technique to reprocess captured CO2 emissions into high-value products.

Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said.

Abu Dhabi’s ambitious carbon capture, usage and storage (CCUS) project to sequestrate 800,000 tonnes of carbon dioxide emissions annually is on track, senior executives of Abu Dhabi National Oil Company (Adnoc) said