Eni and ADNOC. Agreement signed for emissions reduction and cooperation on clean energy

Eni and ADNOC sign a strategic agreement to accelerate the reduction of emissions and strengthen cooperation in the sectors of clean energy and sustainability

Claudio Descalzi, Chief Executive Officer of Eni, and Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technologies of the United Arab Emirates and Director General and Chief Executive Officer of ADNOC, yesterday signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects in the field of energy transition, sustainability and decarbonisation. The signing took place in the presence of the Prime Minister, Giorgia Meloni, and her Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates.

With this agreement, Eni and ADNOC will explore potential opportunities in the fields of renewable energy, blue and green hydrogen, CO2 capture and storage (CCS), reduction of greenhouse gas and methane emissions, energy efficiency, reduction of routine flaring and the commitment to the Global Methane Pledge, to support global energy security and achieve a fair energy transition. Furthermore, they will evaluate areas of cooperation for sustainable development and the promotion of a culture of sustainability within the energy industry and its stakeholders.

Eni's Chief Executive Officer, Claudio Descalzi, commented: “This agreement leverages the strategic relationship that Eni and ADNOC have developed over the years, to strengthen cooperation in the commitment to decarbonisation and for a just energy transition. It comes at a crucial moment, in a complex international situation and in view of the imminent COP28 in which the UAE, as a host country, will have to define its vision for an agenda leading to a clean energy transition".

Eni has been present in Abu Dhabi since 2018. With a significant portfolio of projects in the United Arab Emirates, Eni is one of the leading international companies in the country.

Eni and ADNOC. Agreement signed for emissions reduction and cooperation on clean energy