Page 5 - ADOC SUSTAINABILITY REPORT 2024

ADOC SUSTAINABILITY REPORT 2024

MR. KOJI UENO
Representative and General Manager, ADOC

It is with great pleasure that I present to you ADOC’s long-term operational resilience. The use of artificial
14 Annual Sustainability Report, which outlines our intelligence (AI) powered systems are transforming the
th
sustainability-related ambitions, targets and metrics as well way we operate by enabling real-time monitoring of
as our progress to date. As we navigate an evolving energy production and operational status.
landscape, our mission remains clear: to responsibly Our commitment to health and safety has always
manage resources while upholding our commitment to been unrelenting. In 2024, we strengthened our safety
environmental stewardship, operational efficiency, and performance with zero fatalities. While we strive for zero
technological innovation. incidents, we have unfortunately experienced one lost
ADOC closely monitors the global and regional time injury (LTI) in December 2024, where the lesson
sustainability developments, including the Net Zero by learnt and root causes are being shared with all to prevent
2050 Strategy, the Oil & Gas Decarbonization Charter similar incidents in the future. The senior management
and the UAE Climate Change Law 2024. As the first plays a crucial role in overseeing sustainability efforts
country in the Middle East and North Africa (MENA) to through leadership site visits, audits and compliance
commit to a net zero target, the UAE announced its goal checks. We conduct quarterly Health, Safety, Security
in 2021 to achieve net zero emissions by 2050, followed and Environment (HSSE) Committee meetings to track
by the UAE Climate Change Law in 2024 — providing a our performance in line with key performance indicators
high-level framework aimed at mitigating climate change (KPIs). The unwavering dedication of our employees and
impacts and promoting sustainability across various the commitment to health and safety of everyone who
sectors. ADOC has maintained its Zero Flaring Policy works with us are crucial as well.
since 2001, underscoring our long-standing commitment While we remain steadfast in our sustainability
to minimizing emissions. ADOC is dedicated to reducing commitments, we acknowledge the challenges ahead.
our carbon intensity and are exploring solutions to Meeting regulatory requirements while maintaining
enhance our environmental performance. Our initiatives production efficiency requires strategic investments in
include installing photovoltaic (PV) panels in the Mubarraz technology and infrastructure. Managing aging assets also
causeway, continuation of our mangrove plantation efforts demands innovative maintenance strategies to enhance
at Mubarraz and exploring carbon capture, utilization, and production while ensuring compliance with evolving
storage (CCUS). While CCUS presents implementation standards. The Mubarraz Redevelopment Project is a
challenges, we are committed to evaluating its feasibility crucial initiative for ADOC’s oil production strategy,
for reducing our carbon footprint.
balancing enhanced oil recovery with sustainability
To further enhance sustainability across our operations, commitments.
we are leveraging digitalization and advanced technologies. I am proud of the progress we have made so far and
We launched a digitalization programme in 2024, remain committed to building on this momentum
integrating tools like Power Business Intelligence (BI) and expanding our sustainability initiatives in the years
for real-time data analytics and enhanced maintenance ahead. By embedding sustainability at all levels of our
capabilities. We have made significant progress in mapping organization, we are setting the course for a more resilient
our Maintenance Management System for Mubarraz, and sustainable future.
using digital tools for optimized asset management and

5