The contract, worth approximately $1.5 billion, marks a significant step in Aramco’s commitment to carbon reduction.
A Key Milestone in Aramco’s ACCS Initiative
The project falls under Aramco’s Accelerated Carbon Capture & Sequestration (ACCS) initiative, which aims to lower carbon emissions and expand CCS capacity.
Phase 1 is a crucial component of the company’s long-term environmental strategy, reinforcing its efforts to curb its carbon footprint and lead the global energy transition.
Awaiting L&T’s Official Confirmation
As reported by cnbctv18.clm, the development highlights Aramco’s continued push toward sustainable energy solutions while strengthening its position in the industry.
