Business Bureau, Gulf Today

The Abu Dhabi Maritime Academy (ADMA), an Abu Dhabi Ports company, has signed a Memorandum of Understanding (MoU) with Abu Dhabi National Oil Company’s marine and logistics subsidiary, Adnoc Logistics & Services (Adnoc L&S), to offer cadetships to Emirati students, enrolled at the Academy, with invaluable first-hand experience on-board of Adnoc’s vessels.

The MoU, signed by senior representatives of both entities at an official signing ceremony at Abu Dhabi Ports offices recently, will leverage the scope of Adnoc L&S’ extensive maritime fleet to develop the next generation of Emirati marine officers.

Under the terms of the two-year MoU, Adnoc L&S will accommodate cadets from Abu Dhabi Maritime Academy on its vessels to undertake a cadetship programme encompassing the necessary education and training required for a career in the maritime industry. The agreement will also enable them to complete sea service, during which they will be able to practice their newly acquired skills.

Cadets will undertake theoretical and practical courses in all areas of nautical science and maritime engineering, and gain invaluable practical experience on a wide range of vessels in Adnoc L&S’ vast fleet on both local and international voyages.

Captain Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports said: “We are excited to be driving the future of the UAE’s maritime industry by facilitating these new cadetships with Adnoc L&S. Having such a varied fleet and a multitude of learning opportunities for our cadets, Adnoc L&S is the ideal partner with whom we can support the next generation of mariners in the UAE, and we look forward to a successful relationship over the next two years.”

This partnership adds to Adnoc’s endeavours to create innovative initiatives and solutions that empower the UAE’s youth and catalyse their professional development. It complements the recently announced Adnoc-Bloomberg Education Initiative designed to equip a new generation of students with the specialised financial skills needed to excel in a dynamic, globally connected world.

Abdulkareem Al Masabi, CEO, Adnoc Logistics & Services said: “I’m proud to say that Adnoc L&S has paved the way in developing the UAE’s maritime talents. Since 1995, 350 cadets have graduated, half of which are already officers in our fleet, and a further 80 will graduate in the next two years. This agreement solidifies our continued commitment to the development of Adnoc and the UAE and to delivering in-country value within the maritime industry.”

The MoU and partnership with Adnoc L&S reaffirms Abu Dhabi Ports’ commitment to the Abu Dhabi Economic Vision which, in part, focuses on facilitating the development of industries within the UAE and enabling the creation of a highly skilled, highly productive workforce within those industries.

Established in 2006, Abu Dhabi Ports is a global trade enabler strategically based in the capital of the United Arab Emirates. It is the region’s premier facilitator of logistics, transport, and trade, bridging Abu Dhabi with the world. Abu Dhabi Ports owns and manages 11 ports and terminals in the UAE and Guinea.

Abu Dhabi Ports’ largest subsidiary is Khalifa Industrial Zone Abu Dhabi (KIZAD), the integrated trade, logistics, and industrial hub, with the flagship, deep water Khalifa Port as its maritime gateway.

The Abu Dhabi National Oil Company, Adnoc, is creating new opportunities for partnerships and investments as it pursues a balanced smart growth strategy and drives responsible production to reliably meet the world’s growing energy demand, according to Dr Sultan Bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO.

Speaking in London at the 40th Oil and Money Conference hosted by Energy Intelligence, Dr Al Jaber began his remarks by addressing the impact of global economic trends on energy demand and outlined Adnoc’s response to the fast-evolving energy landscape.

“As we convene today, short term energy demand has continued to soften in response to current downside risks in the global economy. However, over the medium and long-term, the outlook remains positive, solid, and robust. By 2040, three times the amount of energy consumed by all of Europe will be added to global energy demand. In the face of current economic headwinds, we need to control costs, while staying focused on capital efficiency and targeted long-term investment,” Dr Al Jaber noted.

“At Adnoc, that is exactly our approach. We are pursuing a balanced smart growth strategy that is cautious on costs while remaining bullish on long-term demand. We are greatly expanding our oil production capacity and unlocking vast reserves of natural gas. By tapping into gas caps, undeveloped reservoirs, and unconventional resources, we are on track to achieve gas self-sufficiency and in time, become a net gas exporter.