Page 13 - MEOG Week 02

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explore potential development of a Crude
to Petrochemicals complex in balongan, Indonesia as well as a Sales Agreement in which AdNOC will supply Pertamina with up to 528,000 MT of LPG by the end of 2020.
Chandra Asri and AdNOC also signed a MoU to explore potential supply of naphtha to Chandra Asri in Indonesia that would be utilized as a feedstock for their current and potential new cracker complex in Indonesia.
His Excellency dr. Sultan Ahmed Al Jaber, UAE Minister of State and AdNOC Group CEO, signed each of the agreements, while Mrs. Nicke Widyawati, Pertamina President director and CEO and Mr. Erwin Ciputra, Chandra Asri President director signed
on behalf of Pertamina and Chandra Asri, respectively.
H.E. dr. Al Jaber said: “The agreements signed with Pertamina and Chandra Asri will potentially help AdNOC to secure additional in-market presence in one of Southeast Asia’s fastest-growing economies, enabling new domestic value-creation opportunities across the hydrocarbon chain.
Today’s announcement is a testament to the success of AdNOC’s international partnership strategy, our ability to consistently deliver innovative value-creation opportunities and the UAE’s strong ties with the Republic of Indonesia.”
Mrs. Widyawati said: “The agreements with AdNOC will strengthen Pertamina’s ability to carry out its national duty, realizing Indonesia’s energy security in a challenging and complex environment. We expect that both the potential refinery development at balongan and the direct LPG supply will allow us to optimize Indonesia’s oil and gas value chain, better serve the domestic market through our vast distribution networks
across the whole archipelago and access new opportunities to meet growing global demand for petrochemical products.”
adnoC
oIl
Aramco hosts IPTC
Saudi Aramco today hosted the opening ceremony of the International Petroleum Technology Conference (IPTC), the leading international oil and gas conference taking place from January 13-15 in dhahran, Saudi Arabia.
Held under the patronage of HRH Crown Prince Mohammed bin Salman, the 12th edition of this leading international oil and gas conference is being held for the first time in Saudi Arabia. With keynote addresses by HRH Prince Abdulaziz bin Salman, Minister of Energy and HE Yasir O. Rumayyan, Chairman of Saudi Aramco, the IPTC attracted more than 15,000 delegates from 70 countries.
With the Kingdom hosting the G-20 summit this year, Saudi Aramco President and CEO Amin H. Nasser congratulated Saudi government entities for their successful efforts in securing the prestigious industry conference to be held in the Kingdom.
Mr. Nasser emphasized the need to transition to a lower carbon energy mix and highlighted the role the energy industry has played in creating the economic prosperity the world enjoys today.
“With IPTC 2020, we have the perfect platform to push forward in our efforts to demonstrate that our industry is an integral part of the long-term solution to global energy challenges. As part of the energy transition, I firmly believe, oil and gas will continue to play a significant role for a long time to come. “
He added: “We have the capability to be leaders when it comes to addressing the need for more energy with less emissions and I am confident that our industry has the talent and the innovative mindset, which is required to find the best and most pragmatic solutions.”
Mr. Nasser participated in a plenary session with industry CEOs to discuss the theme ‘Vision to Prosperity: A New energy
Era Emerges’. Saudi Aramco’s Senior Vice President Upstream Mohammed Al-Qahtani, Chief digital Officer Nabil Al Nuaim, and
VP Petroleum Engineering & development Nasir K. Al-Naimi are also scheduled to speak during the conference.
The Conference will, for the first time, incorporate workshops examining the importance of diversity and Inclusion in the sector, an area in which Saudi Aramco has significantly advanced in recent years. aramCo
ADNOC announces goals
as it extends production
legacy
The Abu dhabi National Oil Company (AdNOC) announced, today, a set of comprehensive sustainability goals, extending its legacy of responsible oil and gas production and reinforcing its longstanding commitment to environmental stewardship.
The announcement was made by His Excellency dr. Sultan Ahmed Al Jaber, UAE Minister of State and AdNOC Group CEO while speaking at the opening ceremony of the Abu dhabi Sustainability Week (AdSW).
The sustainability goals support AdNOC’s vision to become best-in-class
in sustainability, maximizing value for the United Arab Emirates (UAE). They also underscore AdNOC’s strong environmental, social and governance (ESG) performance as the company responds to rising global energy demand and delivers its 2030 smart growth strategy.
In addition, they are aligned with
the United Nation’s (UN) Sustainable development Goals on responsible consumption and production, climate action, protecting biodiversity and enhancing economic opportunity.
As part of its sustainability goals, AdNOC plans to decrease its greenhouse gas (GHG)
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