Sumitomo Corporation, through its wholly-owned subsidiary Sumitomo Corporation Middle East FZE, has signed a memorandum of understanding (MOU) with Sharjah National Oil Corporation (SNOC) for a potential carbon capture and storage (CCS) project in Sharjah, the United Arab Emirates.
Sumitomo and SNOC will conduct a joint feasibility study to assess the viability of the CCS project, covering a techno-economic analysis including but not limited to the applicability of Japanese technologies relevant to carbon capture, transport and…
