Oxford Flow are delighted to have been announced as a finalist of the ADNOC global Decarbonisation Technology Challenge, which honours innovators and pioneers reshaping the global energy landscape. Oxford Flow was announced as one of 10 finalists shortlisted from 650 entries, from across 50 countries.
The recognition by ADNOC is testament to Oxford Flow’s commitment to producing market leading decarbonisation technology. The ES Stemless Valve is the first in the world to eliminate fugitive emissions and is hydrogen ready
The shortlisted companies specialize in a range of innovations spanning carbon capture, AI, hydrogen, renewables, batteries, and nature-based solutions. The other finalists include: CCU International, CO2CirculAir, EmiratiCO2 Group, Active Surfaces, Desolenator, Basetwo AI, Revterra, Nunafab Corp, and Oxygenate Bamboo.
Sophie Hildebrand, ADNOC Chief Technology Officer, said: “Across ADNOC, we are leveraging technology and partnerships to help us achieve our Net Zero by 2045 ambition. The ADNOC Decarbonization Technology Challenge has served as a magnet, attracting hundreds of global innovators to us. Every company on this shortlist is a game changing pioneer and I look forward to meeting each of the finalists in the UAE at the end of the year.”
Contestants will pitch their innovations in the UAE in December. The winning company will receive a US $1 million pilot opportunity with ADNOC as well as development support at the state-of-the-art ADNOC Research and Innovation Center (ADRIC). The ADNOC Decarbonization Technology Challenge is supported by Amazon Web Services (AWS), bp, Hub71, and the Net Zero Technology Center.
ADNOC is accelerating the decarbonization of its business as it reduces the carbon intensity of its operations by 25% by 2030 and moves towards its Net Zero by 2045 ambition. Its decarbonization plans are backed by an initial allocation of $15 billion (AED55 billion) towards low-carbon solutions, new energies and climate technologies.
The Oxford Flow ES Stemless valves eliminate emissions, have a stemless design, have no mechanical drive train, and use piston technology as opposed to a diaphragm. Find out more about the Oxford Flow zero emission valves and get in contact with the team if you are interested in discussing further.