ADNOC accelerates delivery of low carbon growth strategy to continue responsibly meeting global energy needs

ADNOC accelerates delivery of low carbon growth strategy to continue responsibly meeting global energy needs

ABU DHABI – Abu Dhabi National Oil Company (ADNOC) is accelerating operationalisation of its board mandated low carbon growth strategy, by establishing a new Low Carbon Solutions and International Growth vertical that will focus on renewable energy, clean hydrogen and carbon capture and storage, as well as international expansion in gas, liquefied natural gas (LNG) and chemicals. Musabbeh Al Kaabi has been appointed Executive Director of the new vertical.

The creation of the Low Carbon Solutions & International Growth vertical builds on the company’s successful track record in responsibly and sustainably supplying energy to the world. It will play an important role in advancing the company’s ongoing transformation, which has included a steadfast focus on the decarbonisation of its operations, energy efficiency and operational excellence, reductions in methane emissions, advancing CCUS to cut CO2 emissions, and the use of renewable and other zero-carbon energy sources.

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), said, “The Low Carbon Solutions & International Growth vertical will accelerate delivery of our decarbonisation roadmap and advance our Net Zero by 2050 ambition. As the UAE prepares to host COP28