ENOC Group Reports Strong 2024 Performance and Accelerates Global Growth
Group CEO Saif Humaid Al Falasi credited the results to a sharp focus on operational efficiency, digital innovation, and a commitment to sustainability. He highlighted significant strides in renewable energy solutions, cost reductions, and global expansion, aligning with Dubai and the UAE's ambitious sustainability targets.
In the UAE, ENOC strengthened retail fuel infrastructure by opening nine new service stations, while Tasjeel celebrated 25 years with six new sites. The company also expanded its ENOC Link Smart Station network and received 15 awards for service excellence under its 'Think Customer' strategy.
Internationally, ENOC grew its lubricant business into more than 10 new markets and completed the Horizon JPUT Pipeline in Singapore. Its marine lubricants are now available in over 400 ports worldwide, reinforcing its global reach.
Talent development remained a priority, with Emiratisation reaching 52% across the Group and 100% at the Executive level. Leadership programmes further supported the UAE's national development agenda.
ENOC's sustainability efforts included supplying 1.17 billion US gallons of jet fuel to 300 airports and achieving AED395 million in energy savings since 2014. Workplace safety milestones were also reached, with 20 million safe man-hours recorded in 2024 alone.
Innovation continued to thrive within the Group, with 138 employee-submitted ideas implemented through its Innovation Programme, delivering AED99.2 million in financial gains.
News Source: Emirates News Agency
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