ENOC Group Announces Impressive 2024 Results, Bolsters Worldwide Expansion Momentum
** revamped Report:**
Step aside, folks! ENOC Group, the powerhouse in the global energy game, recently pulled off a stunner, racking up some impressive numbers in 2024. This badass team's unwavering dedication to their five-pillar growth strategy is clearly paying off, serving over 129 million customers globally through 200 service stations in the UAE and 60 international markets.
The aces behind this operation, Group CEO Saif Humaid Al Falasi, gave credits where they were due, naming the focus on operational efficiency, digital innovation, and sustainability as the driving forces behind their success. This trailblazer highlighted several significant advancements in renewable energy solutions, cost cuts, and global expansion, all in line with UAE's lofty sustainability targets.
In their home turf, the UAE, ENOC flexed its muscles by opening nine new service stations and celebrating Tasjeel's 25th anniversary with six new sites. On top of that, they expanded their ENOC Link Smart Station network and racked up 15 awards for service excellence under their 'Think Customer' strategy.
Going global, ENOC extended its lubricant business to more than ten fresh markets and completed the Horizon JPUT Pipeline in Singapore. With 400 ports worldwide now stocking their marine lubricants, it's clear they mean business!
Talent development? Check! Emiratisation reached an impressive 52% across the group—100% at the Executive level. Leadership programs continued to champion the UAE's national development agenda.
ENOC didn't slack on the sustainability front, either. They supplied a whopping 1.17 billion US gallons of jet fuel to 300 airports and saved AED395 million on energy since 2014. Plus, they hit some safety milestones, logging an astounding 20 million safe man-hours in 2024 alone!
Innovation never took a backseat, with 138 employee-submitted ideas coming to fruition through their Innovation Programme, tallying AED99.2 million in financial gains. Now that's some serious brainpower at work!
News Source: Emirates News Agency
Intriguing Add-Ons:It's worth noting that ENOC has entered strategic partnerships with DP World to boost emergency and fire response capabilities across Dubai's key energy and logistics infrastructure. This collaboration includes annual joint drills, safety planning, and shared protocols for emergencies, all geared toward minimizing response times and enhancing resilience. Moreover, ENOC has embraced digital innovation, launching a line of lubricants, Elektra, specifically designed for electric and hybrid vehicles, a move that reflects their adaptability to emerging automotive technologies.
- ENOC Group's success in 2024, as outlined in the revamped Report, can be attributed to their focus on operational efficiency, digital innovation, and sustainability, which are key pillars of their growth strategy.
- Under the leadership of Group CEO Saif Humaid Al Falasi, ENOC has made substantial advancements in renewable energy solutions, cost cuts, and global expansion, aligning with the UAE's sustainability targets.
- In the UAE, ENOC not only opened nine new service stations but also expanded their ENOC Link Smart Station network and celebrated Tasjeel's 25th anniversary with six new sites, all under the 'Think Customer' strategy.
- Emiratisation reached an impressive 52% across the group, with 100% at the Executive level, reflecting ENOC's commitment to talent development and national development agenda.
- ENOC's sustainability initiatives include supplying 1.17 billion US gallons of jet fuel to 300 airports, saving AED395 million on energy since 2014, and logging an astounding 20 million safe man-hours in 2024 alone, demonstrating their dedication to safety and energy efficiency.
