Saudi Aramco signs deal for carbon capture software

General News

Summary

The software is an integrated modelling and optimisation solution designed to equip companies with the tools needed to improve the carbon footprint of their processes and accelerate sustainable operations. Aspen’s existing solutions include Aspen Plus – software which allows operators to optimise energy usage by modelling carbon dioxide (CO2) capture and acid gas removal, in addition to enabling users to calculate total CO2 emissions emitted from processes. As the world’s largest oil producer, Aramco has previously stated its plans to increase fossil fuel production in the next decade, while controlling the rise in emissions through measures such as carbon capture and storage (CCS). “As the largest provider of energy to the world, Aramco’s ambition to reach Net Zero GHG emissions across our operations in less than three decades is an historic step forward that will help tackle the most pressing challenge facing humanity,” said Amin H. Nasser, President and CEO of Aramco. “The road ahead will be complex, as the world’s transition to a more sustainable energy future will require collective action and major technological breakthroughs.

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies