{"id":15,"date":"2022-09-28T14:25:33","date_gmt":"2022-09-28T14:25:33","guid":{"rendered":"https:\/\/metalfabme.com\/blog\/?p=15"},"modified":"2022-09-28T14:25:33","modified_gmt":"2022-09-28T14:25:33","slug":"adnoc-taqa-announce-closure-of-3-8-billion-clean-energy-and-decarbonisation-transaction","status":"publish","type":"post","link":"https:\/\/metalfabme.com\/blog\/adnoc-taqa-announce-closure-of-3-8-billion-clean-energy-and-decarbonisation-transaction\/","title":{"rendered":"ADNOC, TAQA announce closure of $3.8 billion clean energy and decarbonisation transaction"},"content":{"rendered":"

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) on Thursday announced the financial closing of their $3.8 billion strategic project to power and significantly decarbonise the former\u2019s offshore production operations.<\/p>\n

The ADNOC project, being implemented with a consortium comprising Korea Electric Power (KEPCO), Kyushu Electric Power Company (Kyuden) and \u00c9lectricit\u00e9 de France (EDF), is a first-of-its-kind high-voltage direct current (HVDC) sub-sea transmission network in the MENA region.<\/p>\n

The innovative project progressed rapidly from concept to development phase, with construction starting in early 2022, underscoring both ADNOC and TAQA\u2019s efforts to drive climate action and support the UAE net-zero by 2050 strategic initiative.<\/p>\n

Source : https:\/\/www.arabianbusiness.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) on Thursday announced the financial closing of their $3.8 billion strategic project to power and significantly… <\/p>\n","protected":false},"author":1,"featured_media":16,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nADNOC, TAQA announce closure of $3.8 billion clean energy and decarbonisation transaction - Blog Insights on Engineering and Industry Trends - Metalfab<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/metalfabme.com\/blog\/adnoc-taqa-announce-closure-of-3-8-billion-clean-energy-and-decarbonisation-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADNOC, TAQA announce closure of $3.8 billion clean energy and decarbonisation transaction - 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