Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

ENOC signs Technical Service Agreement with Dubai Carbon to promote carbon footprint management  Join our daily free Newsletter

MENAFN Press - 15/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Emirates National Oil Company (ENOC) has signed a Technical Services Agreement (TSA) with Dubai Carbon Centre of Excellence (DCCE), the governmental organisation that promotes Dubai's transition to a low-carbon green economy, to effectively manage the carbon footprint of ENOC's operations and to develop the competencies of ENOC's staff members in promoting Clean Development Mechanism (CDM) projects.

The agreement is aligned with the green vision of Dubai. The TSA will complement the efforts of the ENOC Group Environment, Health, Safety and Quality Compliance (GEHSQ) team in developing a carbon footprint calculator and analysis strategy for the organisation. Dubai Carbon will also extend its expertise to create a screening mechanism for CDM projects and other low-carbon schemes and opportunities, supporting the sustainability goals of ENOC.

Saeed Khoory, Chief Executive Officer, ENOC, said: "Sustainable development is a key pillar of Dubai's growth approach, underlined in the 'green vision' announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. The TSA with Dubai Carbon highlights the spirit of partnership that Dubai promotes to achieve goals that add to the welfare of the entire community. ENOC has always been a committed partner in innovating and undertaking sustainable projects. Our partnership with Dubai Carbon will further enable us to explore opportunities for low-carbon projects while minimising the carbon footprint of our operations."

At a ceremony held at ENOC's headquarters, Waddah Ghanem, ENOC GEHSQ Compliance Director, signed the agreement with Eng. Waleed Salman, Chairman of DCCE.
Eng. Waleed Salman said: "We congratulate ENOC on their commitment to undertake low carbon initiatives and to manage the carbon footprint. Adopting scientific practices for sustainability reporting and carbon management is one of the important steps in achieving tangible goals that support sustainable development. Dubai Carbon has the expertise and experience in supporting Clean Development Mechanisms and low carbon protocols. Our partnership with ENOC highlights our commitment to fulfil the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to promote Dubai as a hub for green technologies."
Waddah Ghanem said: "An environment and energy policy that is developed to international standards is integral to all operations of ENOC. Today, with the need to reduce carbon footprint becoming even more imperative, we are taking concerted initiatives to make ENOC a greener organisation. We are confident that we can leverage on this TSA, which will not only enable us to establish a carbon footprint strategy but also build capacity in carbon related knowledge in the energy and resource management teams at ENOC Group."



As part of the TSA, Dubai Carbon will undertake training sessions and seminars for ENOC's energy and resource management teams on various aspects related to CDM, carbon management and other carbon footprint related activities including sustainability reporting. The agreement supports ENOC's initiatives in promoting energy efficiency and environment conservation, with the Dubai Carbon team to work with ENOC in reviewing vehicle emissions studies to ascertain carbon dioxide emissions and in conducting joint studies on carbon footprint.

Over the years, ENOC has demonstrated its commitment to sustainability initiatives including the Middle East's first 'green service station.' It uses the latest technology to recover 99 per cent of the vapour from the dispensers and storage tanks, and has solar powered lampposts and LED lights with a lifespan of up to 50,000 hours. It also features sensor-type water taps and two-stage flush systems. Carwash water recycling and waste segregation and recycling are other features of the station which meets all global emission standards.

Emirates Gas (EMGAS), a subsidiary of ENOC, has launched several environment-friendly measures including the Cutting Edge Gas (CEG), a new generation product that provides customers with a convenient, cost-effective fuel gas for cutting applications.

EMGAS is also taking the lead in popularising the use of Compressed Natural Gas (CNG) as a cleaner and greener fuel, which reduces carbon dioxide, carbon monoxide and nitrous oxide emissions, and practically eliminates sulphur and particulate emissions. The company's fleet of tankers are more energy efficient, and use remote tank gauging systems for optimising capacity utilisation.

Across ENOC, several green measures have been introduced such as replacing all systems with ozone-friendly appliances and usage of LED/solar lights. The ENOC staff accommodation has a wastewater treatment plant, while the use of smart devices for water and electricity conservation ensures tangible savings annually. ENOC's headquarter complex achieved a saving of 48 per cent in water use and 7.8 per cent in energy through these initiatives in 2012 compared to 2010.


About ENOC
Established in 1993 as a wholly-owned company of the Government of Dubai, ENOC aims to promote the interests of its shareholders through the development of further downstream and upstream activities in the oil & gas sector and beyond, and to encourage the economic diversification of Dubai and the rest of the UAE.ENOC's vision is to be a leading regional integrated oil & gas group that is highly profitable and socially responsible towards employees, the community and environment. Driving this vision, ENOC is committed to achieving sustainable development and highly profitable growth and serving the growing energy needs of Dubai. ENOC strives to attract, develop and retain top talent to become the employer of choice, while adopting latest technologies and implementing best practices to achieve world-class performance. ENOC is also focused on meeting and exceeding customer expectations in terms of quality and service, and in maintaining high industry standards with respect to environment, health and safety.

 






  MENA News Headlines
 Jul 30 2014 - Safe haven status boosts investment scope in UAEspanKhaleej Times
(MENAFN - Khaleej Times) E political situation in the region has made Dubai into a magnet for families from across the region to set up home and establish regional or global offices for their ...

 Jul 30 2014 - Tech Mahindra eyes expansion in Saudi ArabiaspanKhaleej Times
(MENAFN - Khaleej Times) Ch Mahindra a specialist provider of connected solutions has announced that it has signed a joint venture agreement with Midad Holding which is a subsidiary of Al Fozan a ...

 Jul 30 2014 - Middle East earns 1 of global market research revenuesspanKhaleej Times
(MENAFN - Khaleej Times) E entire Middle East region earned only a meager one per cent of the global market research revenues which indicates the potential for market research that is prevalent in ...

 Jul 30 2014 - Dewa to show smart initiatives at Gitex 2014spanKhaleej Times
(MENAFN - Khaleej Times) Bai Electricity and Water Authority or Dewa has announced its participation in Gitex 2014 to be held from October 12-16 at the Dubai World Trade Centre.Dewa will showcase its ...

 Jul 30 2014 - Sico first-half net profit jumps 166spanKhaleej Times
(MENAFN - Khaleej Times) Curities & Investment Company or SICO licensed by the Central Bank of Bahrain as a conventional wholesale bank announced its financial results for the second quarter of 2014 ...

 Jul 30 2014 - Taqa Arabia eyes Egypt expansionspanKhaleej Times
(MENAFN - Khaleej Times) Laa Holdings announced that its energy sector subsidiary Taqa Arabia aims to expand its network of fuel stations in Egypt through Taqa oil marketing company.The company ...

 Jul 30 2014 - Real estate to pick up from next week: Industry expertspanKhaleej Times
(MENAFN - Khaleej Times) Bai Land Department transactions exceeded Dh113b for H1 The real estate market in Dubai is expected to pick-up again from next week after a slowdown during the last couple of ...

 Jul 30 2014 - Memon to hand over five projects in 2014spanKhaleej Times
(MENAFN - Khaleej Times) Mpany working on Dh1.Memon Investments has planned to hand over five projects worth more than Dh600 million in the next five months and is also planning to launch five new ...

 Jul 30 2014 - ADFD funding in underdeveloped countries hit Dh61bspanKhaleej Times
(MENAFN - Khaleej Times) E development finance institution articulates the UAEs continued commitment to support the development process of emerging countries.An exterior view of power plant in ...

 Jul 30 2014 - UK and US preferred by Arab travellers: MarriottspanKhaleej Times
(MENAFN - Khaleej Times) E US takes the lead when it comes to bookings with 20 per cent of all reservations closely followed by the UK which accounts for 16 per cent.Marriott International has ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help