The margins of United Arab Emirates President His Highness Sheikh Mohammed Bin Zayed Al Nahyan visit ParisHH Sheikh Abdullah bin Zayed Al NahyanMinister of Foreign Affairs and International Cooperation and Catherine Columnminister of Europe and Foreign Affairs saw the signing of an agreement for the creation of a new joint venture between National Petroleum Construction Company (NPCC), a subsidiary of National Maritime Dredging Company (The Group), and Technip Energies.
The agreement was signed by Eng. Ahmed Al-DhaheriCEO of NPCC and Arnaud PedestrianCEO of Technip Energies.
Based at Abu Dhabithe new joint venture NT ENERGIES LLC aims to support the energy transition United Arab Emirateswider Middle East region and North Africa by providing value-added services in blue and green hydrogen projects and associated decarbonization, CO2 capture as well as industrial projects in the fields of energy recovery from waste, biorefining, biochemistry, as well as other topics related to the energy transition.
Arnaud PedestrianCEO of Technip Energies, said, “This partnership with NPCC marks another step in our journey to accelerate the energy transition and limit climate change. We are very proud to have signed this agreement with such a recognized leader and a long-standing partner with whom we have delivered many key energy projects. By sharing the experiences, capacities and know-how of our companies, we are convinced that NT Energies will be able to quickly bring to life the energy transition infrastructures that United Arab Emirates and the MENA region need both in the domestic market and for exports, especially in the areas of Power to Gas, blue/green hydrogen and ammonia, CO2 management, sustainable fuels and circularity. Beyond policy, it is industry leaders like T.EN and NPCC who will develop, scale and integrate credible solutions towards a low-carbon environment. Our collaboration will help further develop local skills, increase in-country value, and cooperate to break down barriers to design a sustainable future together.
Eng. Yasser Zaghloulthe general manager of the group National Marine Dredging Groupsaid, “The new agreement reaffirms the commitment of NPCC, a subsidiary of National Maritime Dredging Company (The Group), to support the energy transition and decarbonization in line with the bucket strategy to take positive and effective action against climate change to ensure a decarbonized future. This agreement with Technip Energies opens new opportunities for sharing expertise in the field of sustainable energy and aligns with our expansion plans and continues to seek new ways to strengthen global partnerships in line with our strategic vision of continued growth.
Eng. Ahmed Al-DhaheriCEO of NPCC, said, “We are delighted to sign this agreement with Technip Energies, a pioneer in the energy transition. The new joint venture aims to promote a culture of sustainability and supports best environmental practices in light of our government’s rational commitment to moving towards clean energy sources. By combining Technip Energies NPCC’s technology know-how, global project management capabilities and global footprint, and project management skills for EPC projects, regional footprint and manufacturing capabilities, NT ENERGIES LLC will bring to the table value-added services in hydrogen and associated decarbonization and CO2 capture projects in the United Arab Emiratesthe region and North Africa.’
The new joint venture will also provide onshore and offshore oil and gas field and facility services, construction and energy efficiency services, oil tank installation and repair, installation, maintenance and fabrication. alternative energy equipment as well as consulting and engineering services related to oil and gas installations. on alternative energies and research.
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