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H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Chairman of the Abu Dhabi Government Council and Chairman of the Government Committee of the Board of Administrators of ADNOC, at the moment obtained H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, throughout a go to to ADNOC’s headquarters to assessment the corporate’s efforts to rework, decarbonise and future-proof its enterprise, unlock worth from its operations, and responsibly assist world power safety.
Additionally in attendance have been Dr. Sultan bin Ahmed Al Jaber, Minister of Trade and Superior Expertise and ADNOC Managing Director and Group CEO, and members of the corporate’s government administration.
Throughout the go to, Sheikh Khaled emphasised ADNOC’s contribution as an engine of financial development and diversification within the UAE, its transformation journey as a accountable world power pioneer, and its pivotal function in strengthening the nation’s management within the world power sector.
As well as, His Highness additionally highlighted ADNOC’s important contribution to advancing the power transition by way of its accelerated net-zero ambition, funding in new applied sciences, and strategic partnerships throughout the power sector.
The Crown Prince of Abu Dhabi additionally emphasised ADNOC’s technique to put money into clear power to fulfill rising demand and to discover new horizons in different power sources to assist sustainable improvement. That is consistent with the management’s imaginative and prescient, which prioritises sustainability and conserving pure sources whereas supporting the objectives of the UAE Internet Zero 2050 strategic initiative and accelerating world local weather motion efforts.
H.H. Sheikh Maktoum bin Mohammed stated that ADNOC had set excessive benchmarks for sustainability amongst main oil producers by main the adoption of superior applied sciences for emissions discount.
Aligned with the imaginative and prescient of President His Highness Sheikh Mohamed bin Zayed Al Nahyan for an eco-conscious future and the nation’s dedication to addressing world local weather challenges, ADNOC has been energetic in diversifying power sources, selling using clear and renewable power and decreasing emissions, he famous.
Sheikh Maktoum hailed ADNOC’s strategic initiatives to boost the UAE’s contributions to world local weather neutrality and its investments in low-carbon options and rising power sources. He additionally acknowledged ADNOC’s dedication to nurturing a talented workforce outfitted with the abilities to navigate the transition to renewable power.
His Highness praised ADNOC’s dedication to world partnerships that foster the trade of experience in clear power options. Sheikh Maktoum additionally highlighted ADNOC’s important function within the UAE’s financial development and improvement and its emergence as an essential participant in constructing a sustainable future for upcoming generations.
Throughout the go to, H.H. Sheikh Maktoum bin Mohammed toured the ADNOC Customer Centre, which offers an immersive perception into ADNOC’s legacy and achievements, its transformation journey to a lower-carbon future and the function the corporate performs in enabling the UAE’s financial development.
The centre additionally particulars how strategic partnerships are enabling the corporate to unlock and maximise worth and responsibly meet world power demand.
Sheikh Maktoum additionally visited the corporate’s Panorama Digital Command Centre, which has generated over $1 billion in enterprise worth since its inception in 2017. Consistent with the UAE management’s imaginative and prescient to develop into a world chief in using superior expertise, the centre makes use of digital applied sciences and functions, corresponding to synthetic intelligence, machine studying, and massive information, to minimise emissions, improve efficiencies and maximize worth.
Throughout his go to, His Highness Sheikh Maktoum heard how ADNOC is making at the moment’s power cleaner whereas investing within the energies of tomorrow. This consists of using photo voltaic and nuclear power to energy its operations, scaling up carbon seize capability, driving down methane emissions, and investing in renewable power and hydrogen as a shareholder in Masdar.
Dr. Sultan Ahmed Al Jaber stated, “It was an honour to welcome His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum to ADNOC. The UAE management’s unwavering assist and smart steering proceed to be instrumental to our progress as we reinforce sustainability in all operations and bolster our place as a dependable and accountable supplier of lower-carbon power and a key contributor to the nation’s financial and social improvement.”
ADNOC has positioned sustainability on the coronary heart of its long-term technique to future-proof its enterprise. The corporate is accelerating its decarbonisation plan, bringing ahead its net-zero ambition to 2045 from its earlier goal of 2050, and making an preliminary allocation of $15 billion (AED55 billion) to low-carbon options to expedite the implementation of its key decarbonisation initiatives, together with carbon seize and storage, electrification, power effectivity and nature-based options.
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