Page 13 - MEOG Week 12 2022

MEOG NEWS IN BRIEF MEOG

COMPANIES Petroleum Exploration and Production, ARA Today’s agreements, which were
Petroleum BB44, ARA Petroleum B31 and announced during the visit to the UAE of
ARA and OOISS participate ARA Petroleum Tanzania. His Excellency Dr. Robert Habeck, German
Federal Minister for Economic Affairs and
TIMES OF OMAN
in Oman show Climate Action, build upon the longstanding
Emirati-German Energy Partnership as well
ARA Petroleum and Oman Oil Industry ADNOC expands strategic as the Ministerial Emirati-German Hydrogen
Supplies and Services ( OOISS), one of The hydrogen partnerships Task Force that was inaugurated in November
Zubair Corporation companies specialised 2021.
in the oil and gas sector, participated in the Abu Dhabi National Oil Company (ADNOC) H.E. Dr. Sultan Ahmed Al Jaber,
Oman Petroleum and Energy Show at the announced, today, that it has signed new UAE Minister of Industry and Advanced
Oman Convention and Exhibition Center, memorandum of understanding (MoU) Technology and ADNOC Managing Director
which lasted for 3 days. and joint study agreements (JSA) with and Group CEO, said: “The UAE and
The exhibition is organized by the counterparts in Germany in order to Germany have a deep, longstanding bilateral
Petroleum Development Oman (PDO) accelerate and deepen collaboration in clean relationship and a growing partnership
and CONNECT, specialized in Organizing hydrogen. in clean energy, helping to enable and
exhibitions and the Society of Petroleum As part of its ambitious decarbonization accelerate the global energy transition. At
Engineers in cooperation with the Ministry drive, the German government’s National ADNOC, we have ambitious growth plans
of Energy and Minerals and brings together Hydrogen Strategy expects clean hydrogen for clean hydrogen, a critical tool in efforts
more than 350 local and international demand of up to 3 million tons per annum to decarbonize hard-to-abate sectors, which
companies. (Mtpa) by 2030, of which around 60% is we are actively delivering on to meet demand
On this participation, Dr. Omar Salim Al expected to be imported. Demand may grow in Asia, and through today’s partnerships,
Jaidi, General Manager of ARA Petroleum to over 11 Mtpa by 2050. Europe as well. We remain committed to
Company for Exploration and Production, ADNOC, an established hydrogen working with like-minded partners across
said, “We are pleased to participate in the producer with plans to significantly grow the public and private sectors to implement
Oman Petroleum and Energy Show, which its clean hydrogen production, continues to tangible projects that will supply the world’s
is the largest international forum for the oil develop its footprint in the fast-growing clean energy needs, while reducing carbon
and energy sector in the Sultanate and enjoys hydrogen export markets of Asia, such as emissions and the carbon intensity of the
wide participation from inside and outside Japan and South Korea, where ADNOC and energy that supports our everyday lives.”
the Sultanate. Through this participation, Fertiglobe, a strategic partnership between Federal Minister for Economics and
we seek to introduce the achievements of OCI and ADNOC that is listed on the Abu Climate Action H.E. Dr. Robert Habeck
ARA Petroleum in the field Exploration and Dhabi Securities Exchange (ADX), have underlined the importance of the Emirati-
Development, occupational health and safety, already sold multiple low-carbon ammonia German cooperation for advancing on climate
in addition to its technical and expertise pilot cargos for potential use in a wide range action: “The accelerated scale-up of hydrogen
as well as highlighting the technology and of industrial applications. supply chains is key for our transition to
services provided by Oman Oil Industry With its planned expansion in Europe, sustainable energy and for achieving the
Supplies and Services, specialised in the ADNOC is expected to further accelerate the decarbonisation goals in line with our
oil and gas sector. The exhibition is an delivery of the United Arab Emirates’ (UAE) commitments under the Paris Agreement.
opportunity to meet specialists in the oil and Hydrogen Leadership Roadmap, which has Today’s agreements signal a decisive
gas industry from all over the world.” identified Germany as a key export market milestone towards meeting our climate action
ARA Petroleum was established in 2016 with a target of providing up to 25% of the ambitions.”
and owns several companies, namely ARA country’s imported clean hydrogen. ADNOC

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