ADNOC和TAQA将共同持有该项目公司51%的多数股权（各25.5%），其余49%的股权已授予由Orascom Construction和Metito组成的财团。该财团将安排建设阶段的项目融资，并以建设、拥有、运营和转让（BOOT）模式开发该项目，整个项目将在运营30年后归还给阿布扎比国家石油公司。 

该项目将为阿布扎比巴布和布哈萨油田的运营开发一个集中的世界级海水处理设施和运输网络。它将涉及更换油田现有的高盐度深层含水层水系统，从而减少与注水相关的能源消耗高达 30%。该项目将并网发电，100%来自清洁能源。它将通过 75 公里的运输、超过 230 公里的分配管道和两个泵站每天输送超过 1.1 亿英制加仑 (MIGD) 的纳米过滤海水，为 ADNOC 的陆上业务提供可持续的水。

ADNOC Upstream 执行董事Abdulmunim Al Kindy表示：“我们很高兴在这个战略项目中与 TAQA 和其他行业领导者合作，该项目将减少我们的环境足迹，并在我们继续脱碳和面向未来的运营过程中释放巨大价值。随着项目价值的很大一部分回流到阿联酋经济，这一具有里程碑意义的举措将进一步刺激经济和工业增长，并根据阿联酋领导层的明智指示，为私营部门创造商业机会。

TAQA 集团首席执行官兼董事总经理贾西姆·侯赛因·塔贝特(Jasim Husain Thabet)表示：“作为低碳电力和水的倡导者，TAQA 很高兴再次与 ADNOC 合作，这一次是通过为阿联酋提供经过处理的海水来推进阿联酋的可持续发展目标。 ADNOC 的陆上业务。作为一家主要公用事业公司，TAQA 特别致力于建立这样的合作伙伴关系，利用我们的专业知识帮助推动环境管理，同时维护水安全和支持经济增长。”

ADNOC and TAQA will jointly hold a 51% majority stake (25.5% each) in the project company, and the remaining 49% stake has been awarded to a consortium comprised of Orascom Construction and Metito. The consortium will arrange the project financing for the construction phase and develop the project under a build, own, operate and transfer (BOOT) model, with the full project being returned to ADNOC after 30 years of operation. 

The project will develop a centralised world-class seawater treatment facility and transportation network for operations at the Bab and Bu Hasa fields in Abu Dhabi. It will involve replacing the current high-salinity, deep aquifer water systems at the fields, thereby reducing water injection related energy consumption by up to 30%. The project will be connected to the grid and will receive 100% of its power from clean energy sources. It will deliver more than 110mn imperial gallons per day (MIGD) of nano filtered seawater through 75km of transportation and over 230 km of distribution pipelines and two pumping stations, supplying sustainable water for ADNOC’s onshore operations.

Abdulmunim Al Kindy, ADNOC Upstream executive director, said, “We are delighted to partner with TAQA and other industry leaders in this strategic project that will reduce our environmental footprint and unlock significant value as we continue to decarbonise and future proof our operations. With a substantial portion of the project value flowing back into the UAE economy, this landmark initiaitive will further stimulate economic and industrial growth and create commercial opportunities for the private sector, in line with the UAE Leadership’s wise directives.”

Jasim Husain Thabet, TAQA’s Group CEO and managing director, said, “As a champion for low carbon power and water, TAQA is pleased to partner again with ADNOC, this time to advance the UAE’s sustainability goals by providing treated seawater for ADNOC’s onshore operations. As a major utility, TAQA is especially committed to partnerships like this that use our expertise to help drive environmental stewardship while maintaining water security and supporting economic growth.”