Name : ADNOC
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    ADNOC has unveiled a £2.7billion development for electrification of giant offshore oil and gas fields off Abu Dhabi. A “first-of-its kind” subsea transmission network will be built, decarbonising production by replacing existing offshore gas turbine generators with more sustainable power sources. A dedicated company will fund the development, jointly owned by TAQA and ADNOC (30% stake each), and a consortium comprised of Korea Electric Power Corporation (KEPCO), Japan’s Kyushu Electric Power Co. and Électricité de France (EDF).

    Energy Process    ADNOC    Enterprise Deals    Technology Innovation    Sustainability    United Arab Emierates   

    Q4(Oct-Nov-Dec), 2021

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