CC ENERGY DEVELOPMENT CONTRIBUTES TO THE SUSTAINABLE TRANSFORMATION OF OMAN'S ENERGY SECTOR

CCED to reduce its Greenhouse Gas (GHG) emissions by 30% at Blocks 3 & 4 in transition towards zero gas flaring 

MUSCAT, Oman, Oct. 24, 2023 /PRNewswire/ -- CC Energy Development (CCED) has commenced execution of a flare Gas-to-Power project in the company's Blocks 3 & 4 (Afar & Ghunaim) Operations on the eastern coast of Oman to further reduce its greenhouse gas emissions in pursuit of zero gas flaring ambitions by 2027. In collaboration with Aggreko, a leading provider of industrial energy solutions, CCED will replace diesel with unutilized associated gas, a byproduct of crude oil production, to generate electricity to power its field production assets, such as facilities, wells, and camps. Through leveraging cutting-edge technology and converting flare gas into a more sustainable power source, CCED is committed to contributing to Oman's energy transition towards net-zero emissions and greener alternatives. This project is expected to result in a 30% reduction in greenhouse gas emissions.

Walter Simpson, Managing Director at CC Energy Development, said, "Our flare Gas-to-Power project positively impacts our operational efficiency while lowering our carbon and environmental footprint. We aim to lead by example as both sustainable practices and digital transformation continue to play a key role in the energy industry and beyond. This project will also support us in effectively managing waste resources, and, more importantly, its objectives are aligned with the Oman Vision 2040, of which carbon neutrality and combatting climate change are essential components." He added, "By leveraging the latest technologies and smart solutions from stakeholders such as Aggreko, we are driving our company towards a major transformation as we adopt more sustainable, and low-carbon practices."

Matt Parker, Managing Director at Aggreko AMEA, said, "Companies are placing a greater focus on sustainable practices and renewable energy sources. We are a trusted partner in flare gas-to-power projects and CC Energy Development chose to use our power solution to convert flared gas into greener electricity. As a result, we believe this project will pave the way for reducing the quantity of flared gas, cutting greenhouse gas emissions, and converting gas into a more sustainable power source."

Aggreko is an energy solutions partner providing customers with reliable, sustainable, affordable energy solutions. Thanks to a proven track record in flare gas -to-power projects, Aggreko is as a trusted partner of CCED. To reduce gas flaring and convert the flare gas into a more sustainable power source for CCED, Aggreko implemented a power solution using modern gas capture and conversion technologies. The company is responsible for the design, construction, operation, and maintenance of two independent gas power plants within the larger operational framework of CCED's Blocks 3 and 4, utilising 33 MW of power at 33kV.

Meanwhile, CCED has a three-pronged approach to its environmental stewardship, and apart from greenhouse gas emissions reduction, the company also focuses on sustainable water and waste management. With this continued focus on sustainable practices, CCED is poised to cement further its position as a prominent player in the oil and gas industry, contributing to the nation's energy security, economic prosperity, and net-zero objectives. Within this context, the flare Gas-to-Power project represents a win-win situation for all stakeholders: It is better for the environment, cuts diesel consumption and the risks associated with its transportation and is cost-efficient.

About CCED

CC Energy Development S.A.L. (CCED) is a dynamic, independent international oil & gas operator with a growth mindset that thinks globally but acts locally. We are a diverse, ethical and responsible organisation that believes people are key to our success and we ensure we benefit the communities we work in. CCED has growth as a core mindset and its continuously developing its capabilities to increase its production while spearheading sustainable practices and digital transformation.

About Aggreko

Aggreko is a world-leading provider of mobile modular power, temperature control and energy solutions. Operating in a rapidly changing energy market, our priority is to support our customers through the energy transition by providing cost-effective and flexible answers to the simple or complex challenges our customers face.

Founded in Scotland in 1962, Aggreko has grown from a small local business to a global energy pioneer, employing more than 6,000 people. Headquartered in Glasgow, we have remained true to our roots, and have operations in 67 locations, ready to deliver energy solutions to every corner of the globe.

Aggreko creates bespoke solutions to provide all electricity, heating and cooling needs using the latest fuels and storage solutions. This is powered by our trademark passion, unrivaled international experience, and local knowledge.

We recognize our position as partners in the energy transition and are constantly evolving our products to provide better solutions no matter the sector.

For more information, please visit our local website at: www.aggreko.com

For more information please contact:

Ghania Al Hinai
Communications Manager
CCED
Tel: 22063060 or 95512733

Sudipta Dasgupta
Senior Media Relations Executive
TRACCS
Telephone: +968 24 649-099
Email: sudipta.dasgupta@traccs.net

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