ENOC Group saves $1.6mn from its energy management initiatives

By Amirtha P S, Desk Reporter
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ENOC
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Emirates National Oil Company Group (ENOC Group), UAE-based leading integrated global oil and gas company, has made $1.6 million savings from Energy and Resource Management (E&RM) projects in 2021.

The Group revealed this achievement ahead of the 23rd Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show taking place at Expo 2020 Dubai.

The new accomplishment highlights the significant progress made by ENOC Group in applying energy and resource management strategies across its operations by adopting sustainable best practices. The income from E&RM projects has made cumulative savings of $29.4 million from innovative energy efficiency measures implemented across the Group over the last five years.

Saif Humaid Al Falasi
Saif Humaid Al Falasi
Group CEO – ENOC

“Sustainability is embedded within our plans and strategies across all operations. We have the vision to be an innovative energy partner, delivering sustainable value and industry-leading performance to all our stakeholders. The ER&M savings is a testament to our sustainable efforts to create a culture of energy usage effectiveness and rationalization within our organization. We are proud of our achievements, and we will continue to drive sustainable business operations.”

The Group has been working consistently to deliver sustainable value and industry-leading performance for all its stakeholders. The E&RM projects include solar photovoltaic panel implementation across the retail sites and various operations, in addition to LED retrofits, and the utilization of innovative sustainable solutions.

ENOC’s participation at Expo 2020 Dubai aligns with the event’s theme of “connecting minds, creating the future” with a strong focus on sustainability. The Group has constructed a state-of-the-art pavilion at the Expo 2020 Dubai site, under the theme of “Reimagine Energy.”

The Group has also built an innovatively designed Service Station of the Future at the Expo 2020 Dubai site, which will support the logistical needs of Expo 2020’s fleet. It is the world’s first-of-its-kind service station that harnesses the power of renewables and marks a new era for the future of fuel. Further, the station incorporates a number of sustainability features many of which are the first to be installed at any service station globally.

Related: ADNOC Drilling debuts with largest-ever IPO on ADX


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