Adnoc Fleet Slashes Carbon Emission 23%

Laxman Pai
Wednesday, January 16, 2019

Adnoc Logistics & Services (Adnoc   L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.

The marine and logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc ) said in a press release that the ‘Al Daffah Energy Efficiency Project’ is one of many ongoing initiatives by the shipping and logistics giant to deliver greater operational efficiency and a more competitive offering to its customers.

As the owner and operator of 27 shipping vessels and a total fleet of 122 shipping and offshore vessels, the impact of the project has been significant, as bunkering costs represent one of the largest operating expenses for operators.

Since 2013, Adnoc L&S has reduced its CO2 emissions by 1 million tons. It is the UAE’s largest fully integrated maritime and logistics company.

The release quoted Captain Abdulkareem Al Masabi, CEO of Adnoc L&S, as saying: “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.”

The company also took advantage of favorable market rates to charter an additional LNG vessel, ensuring that slow steaming could be adopted across the fleet, without affecting delivery schedules.

Meanwhile, its parent company Adnoc is investing in new measures to reduce its environmental footprint. It plans to further reduce GHG emissions by up to 10 percent by 2023, substantially increase its use of Carbon Capture, Utilization and Storage (CCUS) technology, reduce its use of potable water and cut the volume of waste sent to landfill sites.

According to the International Association of Oil & Gas Producers (IOGP) Environmental Performance Report for 2017, Adnoc ranked in the top five lowest GHG emitters, with less than half the industry average, at 39.68 million tCO2e, and has one of the lowest methane intensities of 0.01 percent. At the same time, Adnoc has reduced the volume of natural gas flared by more than 72 percent since 1995.

Categories: Environmental Vessels Middle East Technology(Energy) Fuel

Related Stories

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

ABL Lands Work on BP’s Indonesian Gas and CCUS Project

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Current News

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Yinson Production Closes $1B Investment to Drive Further Growth

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com