Bahrain plans $4bn carbon capture project
1 March 2023
Bahrain is planning a carbon capture and storage (CCS) project worth around $4bn, according to Mark Thompson, the chief executive of Bahrain’s state energy conglomerate Nogaholding.
The project is expected to be able to sequester between 10 and 12 million tonnes of carbon dioxide a year for at least 50 years.
In an interview with MEED, Thompson said: “The project is in the range of $4bn or so.
“The good thing is that it is all onshore. 10-12 million tonnes of emissions are all within a seven-kilometre radius and the field where it will be stored is 10km away.”
Under current plans, the carbon dioxide emissions will be sequestered in a large gas reservoir forming part of the Bahrain Field, also known as the Awali Field.
The reservoir is big enough to sequester more than 550,000 million tonnes of carbon dioxide, according to Thompson.
“I have the space there,” he said. “The challenge is the technology and the cost.
“This is a very expensive project. We are looking for economies of scale and how we might stage it in a way that makes sense.”
The CCS project is bigger than any other project of its kind that has been announced, according to Thompson.
“We completed a very early feasibility study last year, in 2022,” he said. “We’ve subsequently engaged with experts in CCS and we expect that [second] study to be done by mid-2023.”
The project's front-end engineering and design (feed) is expected to start before the end of this year, according to Thompson.
Aramco carbon capture project
In February, MEED reported that Saudi Aramco is making progress with a project to develop a carbon capture and storage infrastructure in Saudi Arabia that will tap carbon dioxide discharge from its gas processing plants.
Aramco is expected to issue the main tender for the Accelerated Carbon Capture & Sequestration (ACCS) project to contractors in April. It issued a solicitation of interest (SoI) document for the project in January.
The Saudi energy giant plans to develop the project in a joint venture and has brought on board US oil field services provider SLB (formerly Schlumberger) and Germany-headquartered Linde, the world’s largest industrial gas producer, as partners.
The ACCS project aims to capture carbon dioxide from Aramco’s northern gas plants of Wasit, Fadhili and Khursaniyah, as well as from the operations of its subsidiary Saudi Basic Industries Corporation (Sabic) and Saudi industrial gases provider Air Products Qudra.
UK-headquartered Wood Group has performed the feed work on the planned project.
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Public Investment Fund backs Neom16 April 2026
Commentary
Colin Foreman
EditorRegister for MEED’s 14-day trial access
Saudi Arabia’s Public Investment Fund (PIF) has backed Neom by including it as one of six strategic ecosystems in its newly approved 2026-30 strategy.
The future of the $500bn gigaproject had been thrown into doubt following the postponement of the 2029 Asian Winter Games at the Trojena mountain resort, the cancellation of construction contracts – such as the $5bn deal with Italian contractor Webuild for dam works at Trojena – and the slowdown of development at The Line, where tunnelling contracts were cancelled and staff left the project.
The backing comes as Neom’s operational focus appears to be evolving in response to shifting regional dynamics and global economic conditions. For example, on 15 April Neom posted on its official X account about a new Europe-Egypt-Neom-GCC corridor, describing it as a faster route for time-sensitive goods. It said the corridor combines trucking and ferry services to move goods quickly into the Gulf, adding that importers from several European markets are already using it to reach the UAE, Kuwait, Iraq, Oman and beyond.
Powered by Pan Marine, DFDS and regional RoPax services, the initiative is positioned as a way to add flexibility and resilience to regional supply chains. This emphasis on logistics and immediate trade utility suggests a shift away from the more speculative architectural announcements that characterised Neom’s early years, towards activity more directly tied to current market realities.
PIF’s broader 2026-30 strategy places heavy emphasis on “delivering competitive domestic ecosystems to connect sectors, unlock the full potential of strategic assets, maximise long-term returns and continue to drive the economic transformation of Saudi Arabia”.
The inclusion of Neom as a standalone ecosystem within the Vision Portfolio suggests that while the project remains part of the kingdom’s Vision 2030 goals, it will be subject to the fund's focus on working with the private sector.
That means the long-term success of Neom will increasingly depend on its ability to attract external investment and function as a viable economic hub rather than just a state-funded construction site.
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Kuwait gas project worth $3.3bn put on hold16 April 2026

State-owned Kuwait Gulf Oil Company’s (KGOC’s) planned tender for the development of an onshore gas plant next to the Al-Zour refinery has been put on hold due to uncertainty created by the US and Israel’s war with Iran, according to industry sources.
The project budget is estimated to be $3.3bn, and the last meeting with contractors to discuss the project took place in Kuwait on 10 February.
Previously, it was expected to be tendered in late March, but the tendering process was delayed due to the regional conflict and disruption to shipping through the Strait of Hormuz.
One source said: “This tender is now effectively on hold while KGOC waits for increased stability in the region before it invites companies to bid for the contract.”
Under current plans, the plant will have the capacity to process up to 632 million cubic feet a day of gas and 88.9 million barrels a day of condensates from the Dorra offshore field, located in Gulf waters in the Saudi-Kuwait Neutral Zone.
Ownership of the field is disputed by Iran, which refers to the field as Arash.
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It is believed that the Dorra field’s close proximity to Iran will make development difficult due to the current security environment.
The offshore elements of the project are expected to be especially difficult to protect from attacks from Iran.
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Iraq pushes to revive oil pipeline through Saudi Arabia16 April 2026
Iraq is pushing to revive an oil pipeline that passes through Saudi Arabia, allowing it to diversify export routes.
Saheb Bazoun, a spokesman for Iraq’s Oil Ministry, said the pipeline would help to insulate Iraq from any future blockades of the Strait of Hormuz, which has been largely closed since 28 February.
The original pipeline through Saudi Arabia has not been used for more than 30 years and would need work to be done in order to bring it online.
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Algeria opens bidding for water treatment plant15 April 2026

State-owned Cosider Pipelines, part of Algeria’s public infrastructure group Cosider, has issued a tender for the construction of a demineralisation plant in In Salah in Algeria.
The contract covers the design, supply, installation, testing and commissioning of a plant with a treatment capacity of 62,000 cubic metres a day (cm/d).
The tender is open to local and international companies specialising in the design and construction of demineralisation and reverse osmosis desalination plants.
The bid submission deadline is 26 April.
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Cosider said that individual bidders must demonstrate that they have completed at least one reverse osmosis demineralisation or desalination plant with a capacity of 20,000 cubic metres a day or more.
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Recent projects
In 2023, MEED reported that Riyadh-based water utility developer Wetico had won two contracts to develop water desalination plants in Algeria.
Societe Algerienne de Realisation de Projects Industriels (Sarpi) awarded the contract for the El-Tarf desalination plant, while Entreprise Nationale de Canalisations (Enac) is the client for the Bejaja facility.
Both plants were commissioned in 2025, each with a production capacity of 300,000 cm/d.
Separately, Wetico was the main contractor on a third plant commissioned last year. The Cap Dijinet 2 seawater desalination plant in Boumerdes province covers 18 hectares and also has a capacity of 300,000 cm/d.
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