Money and business

Abdullah Al -Musabi as CEO of "ADNOC for drilling"

Abu Dhabi, June 16/ WAM/ ADNOC Drilling Company announced today that its board of directors agreed to appoint Abdullah Attieh Al -Musabi as a new executive chairman to the company, succeeding Abdel Rahman Abdullah Al -Saeari, the current president of the company, and it is planned to retire at the end of this year after more than 45 years of service in ADNOC and ADNOC Drilling.

Al -Sayari will continue to provide support to the company in Durastari until the end of the year to ensure the continuity of business and the smooth transfer of administrative tasks.

On this occasion, His Excellency Dr. Sultan bin Ahmed Al -Jaber, Minister of Industry and Advanced Technology, Managing Director and CEO of ADNOC Group and Chairman of ADNOC Drilling Board of Directors, said: For the world’s energy sector and most of them benefit from advanced technology, in addition to its commitment to ensuring operating excellence, applying safety measures, and building national cadres and competencies to consolidate strong foundations for sustainable success. He added: “We are welcoming Abdullah Attia Al -Musabi as CEO of ADNOC Drilling Company, who has a deep experience in the operational and administrative aspects along the value chain in“ ADNOC ”, qualifies him to implement the“ ADNOC Drilling ”strategy that focuses on achieving more growth, promoting profitability and creating a long -term value, while ensuring the continuation of distinguished performance and upgrading efficiency standards throughout all The operations are all confident that the ‘ADNOC Drilling Company’ continues under its administration to achieve distinguished results for its shareholders, the UAE and the energy sector in general. Abdel Rahman Al -Saeari’s retirement represents a culmination of a distinguished professional march that spanned more than 45 years in the “ADNOC” group and during his tenure as the CEO of ADNOC Drilling Company, he led the company to achieve a qualitative shift, one of its most prominent stations is a successful listing in the Abu Dhabi Securities Market, where the company’s share received a record turnout, covered 31 times, which is a record number at the time.

Under his administration, ADNOC also turned into a high -performance integrated energy services company, supported by advanced technology and focuses on the future.

The new CEO of “ADNOC Drilling”, Abdullah Attieh Al -Musabi, has extensive experience in the energy sector, a distinguished professional career in executive tasks, creating and enhancing value for shareholders, and previously assumed the task of the CEO of ADNOC Gyan Gas Company, and the task of the CEO of ADNOC Refining Company.

His leadership was known for a strategic vision that achieved operational excellence, supported institutional transformation, and contributed to advancing sustainable growth through the “ADNOC” business portfolio in the Department of Development, Exploration and Production and the Department of Refining, Manufacturing, Marketing and Trade. “ADNOC for drilling” and achieving its future aspirations. ADNOC Drilling remains committed to its pioneering position in the sector and seeks to accelerate the implementation of its strategic priorities, which include regional expansion, integrating advanced technology into its business, and enhancing sustainable growth.

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