UAE Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) Sultan Ahmed Al-Jaber discussed opportunities for collaboration with Russian Minister of Energy Alexander Novak, according to a company statement.

The meeting took place on the sidelines of the 24th World Energy Congress, held in Abu Dhabi on September 9-12.

“ADNOC is open to exploring partnership and co-investment opportunities across the full value chain as we seek to develop ties with new global partners who share our vision and determination to forge strategic, value-added and commercial partnerships,” Al Jaber said.

Novak visited ADNOC’s Panorama Digital Command Center, which uses smart analytical models, big data analytics and artificial intelligence (AI) to enhance decision making and resource utilization.

“Promising areas for collaboration between companies from Russia and the UAE lie in the development of trading activities in hydrocarbons as well as joint projects in the fields of mining and trading,” the Russian minister noted.