Sharjah 24 – WAM: Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), was Monday honoured with the ‘Energy Executive of the Year Award for 2021’ by Energy Intelligence, validating the United Arab Emirates’ (UAE) vision for a sustainable energy future.
The Energy Executive of the Year Award is the most prestigious in the energy industry and is a testament to the UAE’s diversified energy leadership, progressive approach to the energy transition, and pioneering climate action. It recognizes the UAE’s approach to creating economic opportunity from all its energy sources as well as a life of service to the nation by Dr. Al Jaber, and sends a message to the youth to give back to a country that has given so much to its people.
Receiving the award virtually at the Energy Intelligence Forum, Dr. Al Jaber explained how decisive the support of the UAE Leadership and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, was.
Tracing his career journey, Dr. Al Jaber credited the Founding Father of the UAE, the late Sheikh Zayed with providing opportunities for him and UAE citizens to fulfill their potential.
In awarding, Dr. Al Jaber the Energy Executive of the Year Award for 2021, Energy Intelligence noted his role in mapping a path of modernisation for national oil companies. He was elected by the leaders of the world’s top energy companies and is the 25th winner of this distinguished honor. The last two recipients of the award were Amin Nasser, President and CEO of Saudi Aramco, and Ben van Beurden, CEO of Royal Dutch Shell.
The energy landscape has evolved significantly over the past five years he has been at the helm and the industry must remain agile and adapt to a variety of externalities, according to Dr. Al Jaber.
Dr. Al Jaber went on to detail how his career journey led him to Masdar and the foresight of His Highness Sheikh Mohamed bin Zayed in establishing the company.
Dr. Al Jaber noted that the UAE has since gone on to establish itself as a leader in renewable energy with three of the largest and lowest-cost solar plants in the world, while its wind and solar portfolio has grown to 13 gigawatts in over 30 countries, in five continents.
On ADNOC’s transformation, Dr. Al Jaber recalled the challenging market dynamics when he was appointed as CEO and provided an insight into the motivation of the UAE Leadership in directing the company’s transformation.
During his speech, Dr. Al Jaber rallied the oil and gas industry to embrace the opportunities being created by the energy transition and highlighted the steps ADNOC is taking in this regard.
Concluding his remarks, Dr. Al Jaber stressed that UAE is committed to working with partners across the world to turn opportunities into reality when supplying the world with sustainable energy.
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