Abu Dhabi state energy firm Adnoc has held its annual board meeting, where executives focused on investing in decarbonization projects, forging new partnerships and expanding internationally. Adnoc is pursuing an ambitious, capital-intensive strategy of expanding its core hydrocarbon production base while also investing in emerging technologies to push towards net-zero by 2045.

“By prioritizing transformational growth, partnerships, and international opportunities, we are well positioned to grow our operations and unlock additional value, as we strive to make today’s energy cleaner, invest in the clean energies of tomorrow and continue to provide secure and sustainable energy to meet growing global demand,” says CEO Sultan al-Jaber. (CONTINUED - 1095 WORDS)