ADNOC has signed a Framework Agreement with King Fahd University of Petroleum and Minerals (KFUPM), to explore potential opportunities for collaboration in research and development.
The agreement will also look into the development of a student-ADNOC graduates exchange programme.
As part of ADNOC’s strategy to unlock and drive substantial value across its entire business, ADNOC and KFUPM will collaborate in research and development topics of strategic importance to ADNOC such as Enhanced Oil Recovery (EOR), field development optimisation as well as oil and gas processing further downstream, that can increase the performance and returns on our assets and capital.
The agreement also establishes a mechanism that will allow ADNOC employees to undertake postgraduate education in key oil and gas degrees, courses and trainings at KFUPM to enable them to gain valuable exposure and harness their talent and creativity.
Dr. Abdujauwad Rector of King Fahad University of Petroleum and Minerals, said: “KFUPM is considered as a leading organisation for science and technology in the area. Since its inception, it has focused on the different fields of energy and it has built an eco-system within which it has established a science park with multinational research centres in upstream oil and gas. It has also built a strong international partnership with many leading institutions and continued to extend the collaboration with institutions in the Gulf area. This initiative is one of the practical manifestations of the strategic partnership between the university and ADNOC.
“The university is interested in developing and activating strong technical partnerships with major companies, not only in the Kingdom of Saudi Arabia, but also in GCC countries. This agreement demonstrates a mutually beneficial, reciprocal and cooperative research and education partnership, in which the university represents a rich supplier of advanced research and educational experience, and benefits from the companies’ latest technical developments to develop its curricula and courses and to enhance the knowledge of its faculty and researchers, in addition to providing professional development education for the companies’ employees.”
He added the agreement will strengthen partnership with ADNOC in various fields and will seek to build common strategies in alignment with the Vision of both Saudi Arabia and UAE.
For more information visit www.adnoc.ae
19th November 2018