OGCI and OGCI Climate Investments co-host new ADIPEC Decarbonization Zone showcasing their many low carbon initiatives and investments
October 24th, 2021
The Oil & Gas Climate Initiative (OGCI), a consortium of 12 oil and gas majors, together with OGCI Climate Investments (CI), a $1 billion-plus specialist decarbonisation investor, are delighted to announce their presence at ADIPEC 2022 in Abu Dhabi from 31 October-3 November.
OGCI is taking a leadership role in decarbonising the oil and gas sector. CI invests in decarbonisation technologies and projects across energy, industry, transportation and built environment and publishes its portfolio’s carbon impact.
We are co-partners of the new ADIPEC Decarbonisation Zone alongside the Environmental Defense Fund (EDF). Find us in Hall 12 in the Decarbonisation Zone, stand number 12410.
Seven of CI’s cutting-edge portfolio companies will exhibit technologies that are being deployed globally. These companies, along with OGCI and CI, will be participating in the Strategic, Technical, and Decarbonisation Zone conference programmes on methane, new energies, CCUS and the energy transition, as well as the Innovation Hubs. OGCI experts will be present to discuss the Aiming for Zero Methane Emissions initiative and development of carbon capture hubs. CI experts will highlight the innovations available to reduce and recycle methane and carbon dioxide emissions.
Six of CI’s portfolio companies focused on tackling methane emissions, from detection and measurement to mitigation, will be at ADIPEC: Andium, Clarke Valve, F2V, GHGSat, Kelvin and SeekOps. Find them in the Decarbonisation Zone and sign up to attend the Methane Day in the Decarbonisation Zone Theatre on Monday, 31 October.
Achates Power, one of CI’s portfolio companies that are deploying technologies and projects that avoid, reduce, recycle or store carbon dioxide (CO2) emissions, is also exhibiting in ADIPEC’s 2022 Decarbonization Zone. Its opposed-piston engine design is more efficient than conventional engines. Achates Power and another CI portfolio company, 75F, which is making buildings smarter and more efficient, will be presenting at the New Energies Day in the Decarbonisation Zone Theatre on Thursday, 3 November.
ADIPEC presents a timely opportunity for delegates to learn first-hand about operationally robust and available technologies that are already helping to address heavy industrial customers’ decarbonization challenges. Come and find us and our portfolio companies in the Decarbonisation Zone, and take the opportunity to travel through the interactive decarbonisation tunnel while you are there.
The Oil and Gas Climate Initiative is a CEO-led organization bringing together 12 of the largest companies worldwide to lead the oil and gas industry’s response to climate change. It set up OGCI Climate Investments to independently invest into businesses that accelerate the energy transition. Together, OGCI member companies represent almost 30% of global oil and gas production.
Combined, OGCI members have invested more than US$40 billion in low carbon solutions over the past five years.
OGCI members are Aramco, bp, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Petrobras, Repsol, Shell and TotalEnergies.
About OGCI Climate Investments
OGCI Climate Investments, formed by the Oil & Gas Climate Initiative, is a $1 billion-plus specialist decarbonization investor. We seek to accelerate GHG reduction at scale by working closely with OGCI members, governments, customers and co-investors to maximize the global implementation of low-carbon solutions and impact.
We provide capital across the business lifecycle from the catalytic phase of technology and commercial validation through to scaling our investments’ sector and geographic coverage. We have invested in 29 technologies and projects since 2017.
Among our investment activities, we manage our Catalyst Fund I, and we are an investor in China Climate Investments. Both funds invest in solutions to decarbonize under-invested GHG-intensive sectors within energy, industry, built environments/buildings and transportation. Climate Investments targets solutions that deliver near-term GHG impact in three areas: reducing methane, reducing carbon dioxide emissions and recycling or storing carbon dioxide.