Dubai: ADNOIC will jointly explore with Abu Dhabi’s clean energy pioneer Masdar possibilities to to develop, invest and advance energy transition in the UAE – and globally too.

Under the scope of the five-year deal, Masdar will work with ADNOC Drilling on geothermal energy projects. The companies will evaluate the potential for ADNOC Drilling to provide geothermal drilling services.

Also, existing wells operated by ADNOC present an 'opportunity to be retrofitted for renewable geothermal energy' and thus raise the prospects for 'greater efficiency and sustainability'. 

More to follow...