Horizon Energy Chairman Rashed Al Suwaidi Delivered the Keynote Address at the OTC 2012

ADNOC Delegates
Horizon Energy Chairman Rashed Al Suwaidi Delivered the Keynote Address at the OTC 2012

The green initiatives adopted by ADNOC and its Group of Companies are prominently showcased at the Offshore Technology Conference and Exhibition (OTC 2012) which is currently taking place in Houston, Texas, USA.

The purpose of showcasing the eco-friendly practices and programmes introduced by ADNOC is to share information and expertise with the participants and industry professionals. This is done through a state-of-the-art interactive screen displaying dynamic multimedia presentations and footages, live presentations by delegates and interactive discussions at the booth.

Being aware of the challenges to meet the world’s demand for reliable and responsible energy, ADNOC and its Group of Companies are actively improving their operations to protect and enhance both our community and environment’s well-being.

ADNOC adopts a number of initiatives aiming at finding new sustainable energy resources. Within this context ADNOC and its Group of Companies maintain strong cooperation and coordination with Masdar to shift to new energy resources which ensure sustainable environment.

The Group is working towards generalization of the use of natural gas as clean fuel in all the Emirates. To introduce the initiatives of ADNOC and its Group of Companies in the areas of sustainable energy and the environment to the visitors, the Group’s participation at the OTC focuses on the strategies and programmes implemented by each of the Group companies in clean energy such as the corporate strategy to reach zero-flaring.

Over the years, ADNOC and its Group of Companies have steadily maintained the balance between accomplishing core business objectives and mitigating potential adverse impacts on the surrounding community and environment.

Meanwhile, senior executives representing all aspects of American and Emirati industry have demonstrated their interest in strengthening existing commercial ties and exploring new partnership and investment opportunities.

At the reception and dinner hosted by the U.S.-U.A.E. Business Council in honor of visiting senior delegations from the Abu Dhabi Chamber of Commerce & Industry (ADCCI) and the Abu Dhabi National Oil Company (ADNOC) and its subsidiaries at the Westin Galleria Hotel in Houston, Texas on Tuesday, on the sidelines of the Offshore Technology Conference (OTC 2012), the officials discussed the commercial progress and opportunities in the Emirate’s energy sector and overall economic development.

Danny Sebright, President of the U.S.-U.A.E. Business Council, opened the program with remarks welcoming the respective delegations to Houston and underscoring the significance of their visits to the advancement of the commercial relationship between the US and UAE.

In his comments, Sebright applauded the vision of U.A.E. leaders and thanked the Abu Dhabi Chamber Board Members and senior officials from ADNOC; noting that their presence in the US is a testament to the continued interest in Abu Dhabi, and the U.A.E. in general. It has strengthened the existing commercial ties and will help explore new partnership and investment opportunities with American companies.

The gathering was also addressed by Mohamed Thani Al Romaithi, President of the UAE Federation of Chambers of Commerce & Industry and Chairman of Abu Dhabi Chamber of Commerce Chairman, and Mr. Saif Ahmed Al Ghafli, Chief Executive Officer of Abu Dhabi Gas Development Company (Al-Hosn Gas) – ADNOC’s head of delegation.

Rashed Saif Jaber Al Suwaidi, Member of the Abu Dhabi Chamber’s Board of Directors, gave keynote remarks highlighting Abu Dhabi’s ambitious Economic Plan 2030.

After the keynote addresses, the floor was opened for a question and answer session with both delegations. Audience members were given the opportunity to engage directly with senior business leaders from Abu Dhabi’s commercial and energy sectors and discuss issues of mutual interest.