The Oil Sustainability Program (OSP) was launched in 2020 with the participation of multiple government agencies, research institutions and companies. The OSP’s ambition is to create opportunities and applications for Hydrocarbons globally as a competitive source of energy, both from an economic and an environmental point of view, while ensuring Hydrocarbons remain part of the global energy mix in the most efficient and sustainable way. The program enables and supports the transition by removing barriers to energy access in developing markets, accelerating technological advancements, and increasing sustainability.
Objectives of the Program:
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Develop initiatives and accelerate technological advancement to support global energy trends
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Guarantee an energy mix for the world that is economically and environmentally efficient, that includes hydrocarbons
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Maximize the added value to the national economy utilizing hydrocarbons
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Extensive research with local and international institutions
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international universities and research institutions