Abu Dhabi National Oil Company (Adnoc) is stepping up efforts to position itself for a low carbon future.
The Emirati state giant is investing heavily in hydrogen projects and embarking on carbon capture, utilisation and storage (CCUS) schemes, and has already placed an award for a huge offshore subsea power transmission project.
As with other Middle East players, Adnoc has been stepping up investments to expand its oil and gas production capacity, but believes an increased focus on energy transition projects can reduce its carbon footprint at the same time.