2020-11-18 14:00:00
TOTAL, ADNOC CLIMATE COOPERATION
TOTAL - November 12, 2020 – Total signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership opportunities in the areas of CO2 emission reductions and carbon capture, utilization and storage (CCUS).
The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total, and expands on the long-standing partnership and collaboration between the two leading energy producers across the full value chain.
The agreement was signed by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Group CEO, and Patrick Pouyanné, Chairman & CEO of Total during a meeting in Abu Dhabi.
“We are pleased to strengthen our partnership and alliance with Total as we work towards a low carbon future. The agreement builds on our sustainability goal to decrease greenhouse gas (GHG) intensity by 25% by 2030 and reinforces ADNOC’s commitment to responsible oil and gas production as we deliver on our 2030 smart growth strategy. We look forward to leveraging this expertise and collaborating with Total to further research and develop low carbon technologies and sustainable growth opportunities,” said H.E. Dr Sultan Ahmed Al Jaber, ADNOC Chief Executive Officer.
Under the terms of the agreement, ADNOC and Total will jointly explore opportunities to reduce CO2 emissions, improve energy efficiency and the use of renewable energy for oil and gas operations. In the area of CCUS the companies will further develop joint research into new technologies covering carbon capture, storage solutions and enhanced oil recovery projects based on CO2 usage.
“We are very pleased to start this new cooperation with ADNOC, our long-term partner in the United Arab Emirates. This initiative will allow the two companies to join forces in several domains such as the reduction of carbon emissions on industrial sites, improvement of the energy efficiency in operations, and the development of innovative solutions and business models towards the CCUS chain. This is a perfect example of Total’s commitment to leverage its global presence and expertise to act towards its 2050 net-zero ambition alongside its long-standing key partners,” said Patrick Pouyanné, Chairman & CEO of Total.
-----
Earlier:
2020, November, 17, 12:55:00
SAUDI ARABIA, UAE NUCLEAR COOPERATION
The UAE's Federal Authority for Nuclear Regulation (FANR) and Saudi Arabia's Nuclear and Radiological Regulatory Commission (NRRC) have agreed to cooperate in nuclear and radiation regulatory matters, and to form topical working groups.
2020, November, 10, 11:05:00
LNG ZERO EMISSIONS
Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to CNOOC. The emissions created by the LNG cargo were offset by carbon credits procured through investments in wind energy and forest protection projects.
2020, November, 5, 12:00:00
UAE CLEAN ENERGY INVESTMENT $23 BLN
DEWA said that it has attracted investments worth approximately $10.8 billion from the Independent Power Producer (IPP) model, which strengthens public-private partnerships.
2020, November, 3, 13:00:00
RENEWABLE ENERGY FOR UAE
Strategic planning for a sustainable future Renewable energy is an essential requirement for sustainability and stands at the forefront of the UAE’s strategic priorities.
2020, October, 30, 13:30:00
TOTAL NET INCOME $202 MLN
Total SE's Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanne to approve the Group's third quarter 2020 financial statements.
2020, October, 26, 13:35:00
U.S., UAE STRATEGIC COOPERATION
To coincide with the first meeting of the new United States-United Arab Emirates Strategic Dialogue, U.S. Secretary of Commerce Wilbur Ross announced the Department is working to conclude two memorandums of understanding with Emirati government agencies promoting foreign direct investment, innovation, and entrepreneurship as well as the expansion of the International Trade Administration’s (ITA) Digital Attaché Program to Dubai, UAE.
