Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) announced that its marine and logistics subsidiary, ADNOC Logistics & Services (ADNOC L&S), has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.
The decision comes along with ADNOC’s 2030 growth strategy regarding maximising the value from every barrel to deliver the greatest returns to the UAE, the state-run feul company said in a statement.
The “Al Daffah Energy Efficiency Project” will deliver greater operational efficiency and a more competitive offering to its customers, the statement added.
Being the owner and operator of 27 shipping vessels and a total fleet of 122 shipping and offshore vessels, the project has a great influence regarding bunkering costs represent one of the largest operating expenses for operators, ADNOC noted.
Since 2013, ADNOC’s subsidiary has reduced its CO2 emissions by 1 million tonnes.
“The ‘Al Daffah Energy Efficiency Project’ is a powerful example of what we can achieve by embracing the ADNOC values and by harnessing our industry expertise and partnerships to deliver greater value for our customers,” Abdulkareem Al Masabi, CEO of ADNOC L&S, commented.
