ENOC Group’s cumulative savings hit AED 71m in 5 yrs

UAE – Mubasher: ENOC Group revealed that its cumulative savings recorded AED 71.4 million from innovative energy efficiency measures implemented across the Group over the last five years.

In 2018, the group achieved AED11.2 million of Energy & Resource Management (E&RM) savings ahead of the targets predicted at the launch of its E&RM programme in 2008, according to ENOC’s statement on Monday.

“With a strong focus on driving sustainable operations through adopting clean energy in power generation and efficient utilisation of energy, ENOC Group is committed to become lowest energy intensity operator in global Oil & Gas sector,” the company said.

This is underpinned by its move towards utilising an estimated 1.1 megawatt (MW) of solar PV installations that will lead to a savings of about AED1 million per year.

“Dubai Integrated Energy Strategy 2030 developed by the Dubai Supreme Council of Energy has established a precedence for organisations to institutionalise energy efficiency and resource management practices within their operations,” Saif Humaid Al Falasi, CEO of ENOC, commented.

Al Falasi added that the firm significant strides in energy efficiency and will continue to gear its efforts towards raising E&RM standards for the industry.

Mubasher Contribution Time: 21-Oct-2019 07:59 (GMT)
Mubasher Last Update Time: 21-Oct-2019 07:59 (GMT)