The two companies will focus on finding innovations that help the UAE achieve its Net Zero by 2050 strategic initiative, an ADNOC spokesperson stated
Energy tech specialist Baker Hughes and the Abu Dhabi National Oil Company (ADNOC) have signed a strategic technology collaboration. The deal, which was inked at ADIPEC 2022, will see the two firms explore opportunities around research and development (R&D) for technologies that can help drive a sustainable energy future in the UAE.
The agreement aims to support the development of technology proof of concepts, technology scale-ups and technology pilots, while exploring the feasibility of their deployment across key projects at ADNOC, a statement from Baker Hughes explained.
“ADNOC is accelerating the development and deployment of advanced technologies to provide smarter, lower carbon, energy to the world. Together with Baker Hughes, we will focus on finding innovations that help the UAE achieve its Net Zero by 2050 strategic initiative, while also generating In-County Value,” said Sophie Hildebrand, ADNOC Group Chief Technology Officer.
In July 2019, Saudi Aramco and Baker Hughes signed a MoU to develop a manufacturing facility and, in October 2021, Baker Hughes said it had begun construction of the OFS regional hub at SPARK in Saudi Arabia.
In line with the objectives of the UAE’s In-Country Value program, the agreement supports the development of home-grown innovations, with an opportunity to leverage the ADNOC Research and Innovation Center to foster these R&D projects, the statement added.
“We are honored to be signing this agreement with ADNOC, which reinforces our commitment to supporting In-Country Value and innovation in the UAE. As an energy technology company, we are keen to work with ADNOC to locally develop technologies that can support a more sustainable energy future in the UAE and beyond,” said Zaher Ibrahim, Vice President, Europe, Middle East & Africa, Baker Hughes.
With more than 1,600 employee and 10 facilities in the country, Baker Hughes has been a committed partner to the UAE for more than 60 years, long supporting localisation and sustainability initiatives and programs in country, the statement concluded.
In October 2022, the RAK Energy Summit concluded after two days of dialogue.