Adnoc has launched a $1 million global competition for companies that specialise in energy transition technology innovation.
The Decarbonisation Technology Challenge, which is being supported by Amazon Web Services, BP, Hub71 and the Net Zero Technology Centre, was launched at the UAE Climate Tech Forum in Abu Dhabi on Tuesday.
Adnoc urged scale-up companies specialising in carbon capture utilisation and storage (CCUS), new energies, oil and gas emissions reduction, digital applications and advanced materials for decarbonisation, and nature-based solutions to apply.
Ten finalists will be invited to pitch their innovations to a panel of judges in December, the company said.
Winners will receive pilot opportunities worth up to $1 million with Adnoc and have access to research and innovation centres in Abu Dhabi.
“We look forward to nurturing companies with the most promising innovations that can help transform, decarbonise and future-proof the global energy sector,” said Musabbeh Al Kaabi, executive director of low carbon solutions and the international growth directorate at Adnoc.
Adnoc has been taking several steps to reduce its carbon emissions as it seeks to reduce its greenhouse gas intensity by 25 per cent by 2030.
In January, the company said it would invest $15 billion in decarbonisation projects by 2030, including clean power, CCUS, further electrification of operations, carbon dioxide absorption technology, energy efficiency and new measures to build on its policy of zero-routine gas flaring.
In December, the state energy company also set up a new low-carbon solutions and international growth business division which will focus on renewable energy, clean hydrogen and CCUS, as well as international expansion in gas, liquefied natural gas and chemicals.
Among the criteria to enter the competition is that the company must be developing a solution that could help Adnoc reduce greenhouse gas emissions and the technology must be suitable for UAE climate conditions.
The technology also should be “pilotable within Adnoc” and not yet globally applied.
Entrants have 12 weeks to compile their applications and submit them by August 11.
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BANGLADESH SQUAD
Mashrafe Mortaza (captain), Tamim Iqbal, Liton Das, Soumya Sarkar, Mushfiqur Rahim (wicketkeeper), Mahmudullah, Shakib Al Hasan (vice captain), Mohammad Mithun, Sabbir Rahaman, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan Miraz, Rubel Hossain, Mustafizur Rahman, Abu Jayed (Reporting by Rohith Nair in Bengaluru Editing by Amlan Chakraborty)
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
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Final%20Fantasy%20XVI
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WWE TLC results
Asuka won the SmackDown Women's title in a TLC triple threat with Becky Lynch and Charlotte Flair
Dean Ambrose won the Intercontinental title against Seth Rollins
Daniel Bryan retained the WWE World Heavyweight Championship against AJ Styles
Ronda Rousey retained the Raw Women's Championship against Nia Jax
Rey Mysterio beat Randy Orton in a chairs match
Finn Balor defeated Drew McIntyre
Natalya beat Ruby Riott in a tables match
Braun Strowman beat Baron Corbin in a TLC match
Sheamus and Cesaro retained the SmackDown Tag Titles against The Usos and New Day
R-Truth and Carmella won the Mixed Match Challenge by beating Jinder Mahal and Alicia Fox
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MATCH INFO
Rugby World Cup (all times UAE)
Final: England v South Africa, Saturday, 1pm
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Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
- Stay invested: Time in the market, not timing the market, is critical to long-term gains.
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- Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
Sri Lanka-India Test series schedule
1st Test July 26-30 in Galle
2nd Test August 3-7 in Colombo
3rd Test August 12-16 in Pallekele
ELECTION%20RESULTS
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COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
Six large-scale objects on show
- Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
- The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
- A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
- Frank Lloyd Wright’s 1930s Kaufmann Office
- A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
- Torrijos Palace dome
