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Eni, ADNOC sign agreement for low-carbon projects

Low carbon production while diversifying energy mix 'responsible way forward': ADNOC CEO
Low carbon production while diversifying energy mix 'responsible way forward': ADNOC CEO

Eni’s CEO Claudio Descalzi and Dr Sultan Ahmed Al Jaber, group CEO of ADNOC, signed on March 4 an agreement for joint projects on energy transition, sustainability and decarbonisation. 

Through this agreement, Eni and ADNOC intend to explore potential opportunities in the areas of renewable energy, blue and green hydrogen, carbon capture and storage (CCS), and emissions reduction. In addition, both companies will evaluate areas of cooperation for sustainable development and promoting the spread of a culture of sustainability within the energy industry and its stakeholders.

Eni has been present in Abu Dhabi since 2018. With significant capital projects portfolio in the UAE, Eni claims to be one of the main international companies in the country.