Description
Solution
Executive Summary
The purpose of this report is to present a strategic assessment of the Aramis Carbon Capture and Storage (CCS) Project, a large-scale industrial decarbonisation initiative developed through a partnership of leading energy companies and national infrastructure operators in the Netherlands. The project is designed to capture carbon dioxide emissions from industries with limited decarbonisation alternatives and safely store them in depleted offshore gas fields beneath the North Sea. Driven by tightening European climate regulations and ambitious national net-zero targets, Aramis is positioned as a technically credible, commercially viable, and operationally scalable solution for long-term emissions reduction. The report reviews the project’s technical design, business drivers, and competitive advantages, while also evaluating its financial, sustainability, and operational prospects.
Key findings of the report include:
- Significant environmental impact by targeting high-emission sectors and repurposing existing assets.
- Strong financial backing, including €639 million in government investment and alignment with EU climate policy incentives.
- Proven technical feasibility using established capture and offshore storage technologies.
- Strategic location in Rotterdam with access to existing offshore infrastructure.
As a result of these findings, the report recommends continuing with the project’s final investment decision in 2026. Additional recommendations include finalizing technical specifications, securing necessary permits, broadening emitter participation agreements, and pursuing available EU climate funding.
Contents
Research and Development Maturity. 8
Recommendations and Next Steps. 11
Figure 1: The Netherlands’ greenhouse gas emissions in million tonnes (Mt), 2005-2023. 3
Figure 2: Aramis Project Timeline. 4
Figure 3:Aramis Project main elements. 5
Figure 4: EU Fit for 55 Framework. 7
Figure 5: Aramis technologies for carbon capture, transport, and geological storage. 8
Figure 6: Projected Annual Emissions Reduction in Netherlands in 2030. 10
Introduction
The Aramis Carbon Capture and Storage (CCS) Project represents a pioneering initiative in Europe’s energy transition strategy, targeting significant reductions in industrial CO₂ emissions. Developed by a Special Purpose Vehicle (SPV) involving key stakeholders such as TotalEnergies and Shell, the project aims to offer a scalable and sustainable decarbonisation solution for industries where reducing greenhouse gas (GHG) emissions is particularly challenging due to their high reliance on fossil fuels, long facility lifespans, and the need for significant capital investments to implement low-emission technologies. This assignment provides a strategic appraisal of Aramis, analysing its viability from financial, sustainability, and operational standpoints. In a landscape filled with competitive GHG-reduction technologies, this appraisal will assess whether the Aramis project offers a distinctive, investable advantage worthy of long-term commitment.
Background to the Project
The Aramis Carbon Capture and Storage (CCS) Project is a joint initiative by energy giants TotalEnergies, Shell, Energie Beheer Nederland (EBN), and Gasunie, aimed at supporting Europe’s net-zero ambitions (Aramis CCS, 2025a). It seeks to establish a large-scale, open-access CCS infrastructure that captures CO₂ from industrial sources and transports it through a pipeline to depleted gas fields in the North Sea, where it will be permanently stored. Meth-Cohn (2022) further explains that the project primarily targets sectors where reducing greenhouse gas (GHG) emissions is particularly challenging such as steel, cement, and chemicals industries where electrification or other low-carbon alternatives are not currently viable. For example, this challenge is witnessed in Netherlands, where the greenhouse gas emissions was 153.1 Mt as of 2023 (See Figure 1).
Figure 1: The Netherlands’ greenhouse gas emissions in million tonnes (Mt), 2005-2023
The project will operate as a Special Purpose Vehicle (SPV), separating its financial and operational risks from those of the parent companies while ensuring focused investment and governance (Energy Oil & Gas Asia, 2021). It complements existing CCS initiatives such as the Porthos project, but differs in scale, scope, and future capacity for expansion. Scheduled to be operational by 2028 (See Figure 2), Aramis is expected to initially handle 5 million tonnes of CO₂ per year, with the flexibility to scale up. According to Wright (2021), the project signifies a transformative approach in industrial decarbonisation, combining collaborative investment with long-term environmental and economic goals.
Figure 2: Aramis Project Timeline
Source: Aramis CCS (2025)
Technical Importance
The Aramis Carbon Capture and Storage (CCS) Project is technically significant due to its innovative, integrated infrastructure model designed to handle large-scale CO₂ emissions from hard-to-abate industries (Aramis CCS, 2025a). Unlike smaller, closed-loop CCS systems, Aramis is conceived as an open-access network, enabling multiple industrial emitters to connect to a centralised CO₂ transport and storage system. Aragón (2021) mentions that this modular and scalable design supports broad industry decarbonisation, aligning with long-term European climate objectives.
Technically, the project encompasses three core components: CO₂ capture at industrial sites, onshore pipeline transport to a compressor station and offshore terminal, and subsequent injection into depleted gas fields in the North Sea for permanent storage (See Figure 3).
Figure 3:Aramis Project main elements
Source: Aramis CCS (2025)
One of the most notable aspects is the repurposing and extension of existing gas infrastructure, such as offshore platforms and wells, to reduce cost and environmental impact (Aramis CCS, 2025a). This also accelerates project timelines by leveraging existing regulatory and technical knowledge.
The project’s reliance on proven technologies, such as amine-based capture methods and deep saline aquifer storage, ensures technical feasibility while reducing development risks (DGB Group, 2025). However, its innovation lies in the scale of integration, anticipated digital monitoring systems for safe injection, and flexibility to accommodate evolving carbon capture technologies.
Moreover, Aramis is designed with high safety standards and robust monitoring protocols, incorporating real-time data systems to detect potential leaks or system failures. As evidenced by Rao (2025), these features enhance its credibility among regulators and potential investors. From a technical perspective, Aramis stands out for its capability to combine established engineering solutions with system-wide innovation to address complex environmental challenges.
Business Objectives
The objectives of Aramis include;…..
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1.0 Introduction
1.1 ADNOC Organisation Background
In this report, the organisation of focus is Abu Dhabi National Oil Company (ADNOC). This is for understanding the impact of contract terms and conditions on distribution of risk and power with their suppliers. This is an organisation which began its operation in 1971 and today is ranked as the leader in diversified energy group which is owned by Abu Dhabi Government (ADNOC, 2022). The organisation network of holistically integrated business has based their operations across the entire energy value chain assisting their capacity for meeting overall demands of the consistently changing energy markets. For remaining competitive, the organisation has allocated $15 billion for advancing and accelerating lower-carbon solutions, investment in new energy solutions and decarbonisation technologies for lowering their carbon intensity with 25% by 2030 and successfully facilitating their NetZero by 2050 target. The company has a network of fully operational companies that operate throughout the entire hydrocarbon value chain, handling tasks including exploration, production, processing, storing, refinement, and supply in addition to manufacturing a wide range of petrochemical products. I work as a Contract Engineer for ADNOC Offshore, one of the company's divisions. The offshore division of ADNOC is responsible for the delivery and development of oil and gas resources in the waters surrounding Abu Dhabi. With OPEX and CAPEX, ADNOC Offshore spends over 3,000 million dollars annually. The organisation structure is as illustrated in figure 1; Figure 1: ADNOC Organisation Structure1.2 Identified Category Management
The deployment of the iSourcing system, a technology-focused procurement procedure, was chosen as the category management in this study. The need for oil and gas has significantly expanded in the modern era since the Covid-19 epidemic. As a result, ADNOC is forced to spend money on equipment to help them process and refine more oil and gas products. In light of this, the team leader's responsibility is to see that an iSourcing system is in place and can be utilised to purchase the new machines that the company needs to upgrade its operations. Locally in UAE, regionally in the Middle East, and internationally in Western nations, this would apply. This project aims to produce a report outlining the implementation of the change approach. This is done while ensuring the team members and leader have the necessary abilities to carry out the plan successfully. Implementing the new category management strategy is the kind of change being sought. The learner will be the team leader throughout the full category management process since a team has been chosen to oversee the deployment of iSourcing. The practical approach would be utilising various tools and strategies that demonstrate leadership and best practices in change management, along with a focus on the category management data from the ADNOC firm.2.0 Change Management Approach
2.1 Introduction of the Required Change Process
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External environment | Supply chain networks have been significantly impacted since COVID-19. ADNOC's ability to replenish stock, equipment, and machinery has been affected. Therefore, ADNOC would participate in strategic alliances by including diverse actors and intermediates in the complete value chain through iSourcing |
Individual and oganisational performance | ADNOC's investment in iSourcing would reduce PS&M turnover, everyone's performance, and supply chain network satisfaction. |
Leadership | To ensure iSourcing success, the PS&M will lead and manage efficiently. This inspires and guides other organisations to iSourcing success. |
Mission and strategy | The achievement of ADNOC's aim to provide high-quality oil and gas products would be ensured by the deployment of iSourcing. The justification for this is to quickly and effectively engage highly qualified vendors. |
Organisation culture | Implementing iSourcing would promote the collaborative and teamwork-oriented organisational culture of ADNOC. This is due to the platforms offered by iSourcing that provide suitable options for teamwork and collaboration. |
Task requirements and individual skills | Employees at ADNOC lack the knowledge and skills necessary to deploy iSourcing. This deficit might be filled by offering possibilities for professional advancement. Implementation of the change would be successful. |
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