During the meeting between the Crown Prince of Abu Dhabi and the Prime Minister Kingdom of NorwayYonas Gar Stoura, the two sides discussed ways to strengthen cooperation ties between the two countries in various fields of common interest, and to advance economic, trade and investment relations to new heights of cooperation in vital fields, especially in the energy and infrastructure sector, advanced technology, renewable energy, air transport and scientific research.
The meeting included the signing and exchange of a number of bilateral cooperation agreements, including an agreement between the General Authority of Civil Aviation in the UAE and the Kingdom of Norway to enhance air transport services by examining opportunities to support trade and tourism relations between the two countries and increase air transport movement of passengers and cargo, and other areas of interest. Subscriber.
A memorandum of understanding was also signed between Khalifa University of Science and Technology and the Arctic University in Tromsø, Norway, to support the process of cooperation and academic research in the fields of artificial intelligence Climate affairs, circular economy and renewable energy, in addition to expanding the scope of research and scientific efforts to confront the challenges of climate change in various regions concerned with climate repercussions, especially in the Arctic and Antarctic regions.
During this meeting, agreements and memorandums of understanding were announced aimed at strengthening economic cooperation relations between the two countries. The most prominent of which is a strategic cooperation agreement between the two companies.ADNOC“Equinor aims to explore opportunities to benefit from the two companies’ expertise in the fields of carbon capture and storage, low-carbon hydrogen, and marketing and trading of their leading low-emission oil and gas products in the energy sector.
A strategic framework agreement was also announced between Abu Dhabi Future Energy Company “Masdar” and “Equinor” with the aim of enhancing cooperation in existing projects such as the Haywind floating wind power plant in Scotland, in addition to working to explore new project opportunities and strengthening the supply chain for current and future initiatives.
“Masdar” announced the signing of a memorandum of understanding with “Yara” Company, with the aim of exploring opportunities for cooperation and investment in projects along the value chain related to converting energy to green ammonia, with a primary focus on the production of green hydrogen.
Masdar also announced the conclusion of a memorandum of understanding with ICB Infrastructure, an infrastructure fund management company supported by the Aker Group. The agreement aims to explore partnership and investment opportunities in green energy infrastructure projects in Europe, including: This is possible cooperation in renewable energy projects in the Nordic countries.
Masdar announced the signing of a second memorandum of understanding with Aker Horizons Asset Development Company to explore development opportunities and joint investment in projects along the value chain related to converting energy to green hydrogen, which aim to remove carbon from sectors whose emissions are difficult to reduce.
