Abu Dhabi’s Adnoc starts $3.6bn project to cut emissions – ArabianBusiness.com

Abu Dhabi’s Adnoc starts $3.6bn project to cut emissions – ArabianBusiness.com

Abu Dhabi’s state oil and gas company announced a $3.6 billion project to reduce emissions from its offshore production facilities.

Abu Dhabi National Oil Co. and Abu Dhabi National Energy Co., known as Taqa, will build a subsea cable to help power the operations with cleaner energy than the natural gas they currently run on.

The plan is part of efforts by the United Arab Emirates to neutralise carbon emissions by 2050. It is expected to reduce the carbon footprint of Adnoc’s offshore operations by more than 30 percent, according to the company.