ADNOC, TotalEnergies sign strategic partnership agreement – GulfToday

ADNOC, TotalEnergies sign strategic partnership agreement – GulfToday

Abu Dhabi National Oil Company (ADNOC) and TotalEnergies signed a strategic partnership agreement to deepen their long-standing partnership and explore new opportunities for growth across the energy value chain. The agreement was signed by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, and Patrick Pouyanné, Chairman and CEO of TotalEnergies, as part of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan’s state visit to France. Under the terms of the agreement, ADNOC and TotalEnergies will explore opportunities to collaborate in areas of mutual interest including in gas growth, carbon capture utilisation and storage (CCUS) and trading and product supply. Dr. Al Jaber said, "TotalEnergies is a longstanding strategic partner and we are very pleased to build on our successful partnerships through this agreement as the UAE and France strengthen energy cooperation. The agreement offers the potential to accelerate growth and create greater and more sustainable value for our mutual benefit. We look forward to working with TotalEnergies to unlock the opportunities presented by the agreement across the energy value chain to enable more secure, affordable and sustainable energy for our countries and the world." TotalEnergies is a significant international