Khaled bin Mohamed bin Zayed receives Maktoum bin Mohammed bin Rashid at ADNOC’s headquarters – UAE

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 evaluate the corporate’s efforts to remodel, decarbonise and future-proof its enterprise, unlock worth from its operations, and responsibly assist world vitality safety.

Additionally in attendance had been Dr. Sultan bin Ahmed Al Jaber, Minister of Business and Superior Know-how 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 progress and diversification within the UAE, its transformation journey as a accountable world vitality pioneer, and its pivotal function in strengthening the nation’s management within the world vitality sector.

As well as, His Highness additionally highlighted ADNOC’s vital contribution to advancing the vitality transition via its accelerated net-zero ambition, funding in new applied sciences, and strategic partnerships inside the vitality sector.

The Crown Prince of Abu Dhabi additionally emphasised ADNOC’s technique to spend money on clear vitality to satisfy rising demand and to discover new horizons in various vitality sources to assist sustainable improvement. That is in step with the management’s imaginative and prescient, which prioritises sustainability and conserving pure sources whereas supporting the targets of the UAE Internet Zero 2050 strategic initiative and accelerating world local weather motion efforts.

H.H. Sheikh Maktoum bin Mohammed mentioned 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 lively in diversifying vitality sources, selling using clear and renewable vitality and lowering emissions, he famous.

Sheikh Maktoum hailed ADNOC’s strategic initiatives to lift the UAE’s contributions to world local weather neutrality and its investments in low-carbon options and rising vitality sources. He additionally acknowledged ADNOC’s dedication to nurturing a talented workforce geared up with the abilities to navigate the transition to renewable vitality.

His Highness praised ADNOC’s dedication to world partnerships that foster the change of experience in clear vitality options. Sheikh Maktoum additionally highlighted ADNOC’s important function within the UAE’s financial progress and improvement and its emergence as an vital 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 supplies 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 progress.

The centre additionally particulars how strategic partnerships are enabling the corporate to unlock and maximise worth and responsibly meet world vitality 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. In keeping 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 purposes, corresponding to synthetic intelligence, machine studying, and massive knowledge, 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 vitality cleaner whereas investing within the energies of tomorrow. This contains using photo voltaic and nuclear vitality to energy its operations, scaling up carbon seize capability, driving down methane emissions, and investing in renewable vitality and hydrogen as a shareholder in Masdar.

Dr. Sultan Ahmed Al Jaber mentioned, “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 clever 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 vitality 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, vitality effectivity and nature-based options.

 

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