Mist joins hands with PI - Emirates24|7

Mist joins hands with PI


The Masdar Institute of Science and Technology (Mist) has linked up with a leading petroleum institute to explore sustainable ways of meeting future energy demand of the UAE.

The initiative follows global concern over high oil prices and the threat to natural resources as demand for fossil fuels increases.

The agreement was signed with the Petroleum Institute (PI), which was created in 2001 by the Abu Dhabi National Oil Company (Adnoc).

Mist is the core of Masdar, a multi-billion-dollar initiative launched in 2006 by the Abu Dhabi Government to explore and seek alternative energy sources to help diversify the emirate's economy and support its sustainability efforts.

Mist and the PI will collaborate in educational and research efforts to strengthen the emirate's position in the energy sector.

"Through Mist, Masdar is committed to driving technological advancement in renewable and sustainable energy," said Masdar CEO Dr Sultan Al Jaber.

"Mist will help bridge the gap between demand and supply of local talent and contribute to the economic diversification of the region.

"The aim of the joint initiative is to help the emirate explore alternative, renewable sources of energy and wisely use the country's oil and gas resources."

The two organisations will invest heavily in developing quality leadership and carrying out scientific research to meet future demand for energy, with sustainability and conservation given top priority.

Dr Michael Ohadi, acting president of PI, said: "The pact will ensure that Abu Dhabi remains at the top of energy research and development. The students who graduate from each institution will be prepared to pioneer new emerging energy technologies."

Members of the two organisations will work together on research projects and collaborate over lectures. "Research in the oil and gas industry is of high importance and the PI is charged with the responsibility of addressing efficient production and utilisation of energy and energy resources," added Dr Ohadi.

Dr Russel Jones, president of Mist, said the link-up was a significant step towards ensuring that Abu Dhabi had the necessary human capital to meet the demands of the future.

As part of the agreement the PI has joined the Masdar Research Network, a collaborative research structure comprising Masdar, senior industry representatives and leading global scientific institutions.

The network provides world-class research in advanced energy and sustainable technologies, a mechanism for technology transfer and a vehicle for building a technical capacity in the UAE and the region.