Eni and ADNOC partner to boost sustainability sectors
Agreement between both companies looks to accelerate emissions reduction and strengthen cooperation in clean energy and sustainability sectors.
Eni and ADNOC signed a Memorandum of Understanding that outlines a framework of cooperation for future joint projects on energy transition, sustainability and decarbonization. The MoU was signed in the presence of the President of the Council of Ministers, Giorgia Meloni, and Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates.
Through this agreement, Eni and ADNOC will explore potential opportunities in the areas of renewable energy, blue and green hydrogen, carbon dioxide capture and storage (CCS), in the reduction of greenhouse gas and methane gas emissions, energy efficiency, routine gas flaring reduction and the Global Methane Pledge, to support global energy security and a sustainable energy transition.
In addition, they will evaluate areas of cooperation for sustainable development and promoting the spread of a culture of sustainability within the energy industry and its stakeholders.
“This agreement leverages the strategic relationship that Eni and ADNOC developed over the years, to strengthen our cooperation for decarbonization and for a just energy transition,” said Eni CEO Claudio Descalzi.
Eni has been present in Abu Dhabi since 2018. With significant capital projects portfolio in UAE, Eni is one of the main international companies in the country.
