oil and gas

PDO and IEA sign strategic energy partnership deal

February 17, 2021

Petroleum Development Oman (PDO) has signed a statement of cooperation agreement with the International Energy Agency (IEA) to strengthen collaboration between the two parties in the areas of energy transitions and policy dialogues.

The agreement, which covers oil and gas, water management and technologies, renewable energy, energy efficiency, hydrogen, emissions intensity, data and statistics, and training, will usher in intensified joint efforts across the energy sector to help Oman meet its clean and sustainable ambitions.

The International Energy Agency, a Paris-based autonomous intergovernmental organisation, works with countries around the world to shape energy policies for a secure and sustainable future.

The agreement was signed virtually by Abdul Amir al Ajmi, PDO’s external affairs and value creation director, and David Turk, IEA’s deputy executive director.

Through this agreement, PDO strives to leverage Oman’s competitive advantage today in oil and gas exploration and production, established production and export facilities, abundance of renewable resources, and centrality in the global trade map into continued advantage for the future.

In a press statement, Ajmi said, “We are delighted to partner with the world’s powerhouse – a major step that supports PDO’s dedicated efforts in energy transition and sustainability. Such partnerships shall emphasisePDO’s and Oman’s aspirations to be at the forefront of the future energy sector”.

Turk said, “The International Energy Agency is working hard to put clean energy transitions at the heart of everything we do. Oman is a key country in the world, with great opportunities to leverage its existing energy advantages to advance clean energy transitions. The IEA looks forward to supporting a growing global consensus on the need for ambitious action to meet our energy and climate goals.”

Dr Abdullah al Abri, hydrogen economy project manager at PDO, said the agreement between PDO and IEA will reinforce collaboration on joint projects, expertise sharing, technical foresights, applied research and development across the ‘new’ energies and technologies, and other areas of mutual interest.

The IEA is at the heart of global dialogue on energy, providing authoritative analysis, data, policy recommendations, and real-world solutions to help countries provide secure and sustainable energy for all.

muscatdaily

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