The President of the State stresses the importance of ADNOC’s role in economic growth and diversification in the UAE

Today, His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, chaired the annual meeting of the ADNOC Board of Directors at the Habshan Complex in Abu Dhabi, which is one of the largest gas processing facilities in the world.

The meeting was held in the operations control room in the complex, which is managed by ADNOC Gas, which meets 60% of the UAE’s natural gas needs to support the energy and industrial sectors.

During the meeting, the Board of Directors approved ADNOC’s business plan for the next five years and capital investments worth 551 billion dirhams ($150 billion) for the period 2026-2030 to maintain the momentum of current operations progress and enhance the company’s smart growth to continue to meet the growing global demand for energy resources.

His Highness praised ADNOC’s achievements in implementing its strategy for local and international growth, and enhancing its flexibility and ability to keep pace with the rapid changes in the global energy sector. His Highness directed the company to achieve more successes based on what it achieved during the year 2025 to increase growth opportunities, create and enhance value for the UAE, strengthen its position as a leading company in applying advanced technology and consolidate its role as a responsible and reliable global energy provider.

His Highness stressed the importance of ADNOC’s role as a major catalyst for economic growth and diversification in the country, noting its efforts to provide new economic and industrial opportunities for the private sector through its program to enhance national content, and its support for the “Make in the Emirates” initiative, the national program aimed at promoting growth and industrial diversification in the country.

Before holding the Board of Directors meeting, His Highness the President listened to an explanation about the strategic growth and value-creation projects in the “Habshan” complex. His Highness met with a group of national competencies who contribute to the implementation of these vital projects. His Highness praised the efforts of the company’s cadres and their dedication in all areas of its business, and ADNOC’s continued focus on developing the skills of its cadres and raising their professional competence in a way that enhances their contribution to the progress and prosperity of the UAE. His Highness stressed that the nation’s young men and women are its greatest wealth, and renewed his keenness to give priority to developing their capabilities and improving their quality of life.

The Board of Directors praised ADNOC’s success in increasing the UAE’s traditional resource reserves from 113 billion barrels of crude oil to 120 billion barrels, and from 290 trillion standard cubic feet of natural gas to 297 trillion standard cubic feet, which strengthens the country’s position as the owner of the sixth largest reserves of crude oil and the seventh largest gas reserves in the world.

The new oil and gas discoveries included more than 1.2 billion barrels of oil equivalent, which came thanks to utilizing pioneering technologies and solutions in the energy sector, including conducting the largest three-dimensional “geophysical” survey in the world, and analyzing and interpreting the data using artificial intelligence tools, which contributed to enabling the company to access geological structures and formations that were previously difficult to explore.

During its meeting, the Council also approved the establishment of a new operating company called “ADNOC Ghasha”, to manage the “Ghasha” concession, which includes the “Al Hail”, “Ghasha”, “Dalma”, “Sarb” and “Nasr” fields, and its production is expected to reach 1.8 billion standard cubic feet per day of gas and 150 thousand barrels per day of oil and condensates, as work is progressing efficiently and quickly to develop the giant “Al Hail” and “Ghasha” project, which is a basic pillar within the “Ghasha” concession area.

The Council reviewed the progress achieved by ADNOC in achieving the maximum value from non-conventional energy resources in Abu Dhabi to contribute to supporting efforts to achieve gas self-sufficiency in the UAE and meet the increasing global demand for it. The Council praised the company’s success in attracting new international partners to unconventional exploration concessions, providing global expertise to accelerate development processes, as the recoverable unconventional resources in Abu Dhabi are estimated at approximately 160 trillion standard cubic feet of gas and 22 billion barrels of crude oil.

The Council also reviewed the contribution of the “ADNOC National Content Enhancement” program in redirecting 65 billion dirhams ($17.7 billion) to the national economy during the current year, which raised the total value of the amounts redirected to the economy since the launch of the program in 2018 to 307 billion dirhams ($83.7 billion). The total number of citizens who have been employed in the private sector has also increased to 23,000 citizens since the launch of the program in coordination with partner agencies, including the “Nafis” program.

Based on these achievements, the Board of Directors approved ADNOC’s goal to redirect an amount of 220 billion dirhams ($60 billion) to the national economy over the next five years through the company’s program to enhance national content. He also praised the progress made in enhancing local manufacturing of essential products within the supply chain of the company’s business and activities. To date, ADNOC has signed agreements to supply locally manufactured products worth 80 billion dirhams ($21.8 billion), as part of its goal of purchasing products that can be manufactured locally worth 90 billion dirhams ($24.5 billion) as part of its purchasing plans by 2030.

With regard to international growth, the Council praised the success of XRG, the international investment arm in the energy sector owned by ADNOC, in raising its corporate value from about 290 billion dirhams ($80 billion) to reach 554 billion dirhams ($151 billion). XRG achieved this qualitative growth thanks to its disciplined and long-term investment strategy.

The Council also approved the launch of ADNOC’s “Productivity Index”, which is an advanced tool for measuring and diagnosing performance, and aims to empower employees and raise the efficiency of their performance of their work tasks. The index provides immediate insights that help employees work smarter, coordinate and collaborate more effectively, and focus on high-value activities that support performance and create and enhance value.

The Council stressed the importance of consolidating ADNOC’s position as a leading energy company in the use of modern technologies, and praised its continued efforts to benefit from tools and solutions of artificial intelligence, advanced technology, robotics, and automated operations in all stages and aspects of management and operations, with the aim of enhancing its endeavors to become a smart energy company and the one that most benefits from artificial intelligence technologies in the world. During the meeting, “MEERAi”, an innovative artificial intelligence tool developed by ADNOC, was used to manage board meetings and was deployed in 10 companies affiliated with the group to enable accelerated executive decision-making. This bilingual tool is designed to enhance the decision-making process in boards of directors and enable the executive management team to reach smart decisions faster.

The Council also reviewed ADNOC’s initiatives in the field of developing human resources, succession planning, and supporting the “National Identity Strategy” launched by the UAE government with the aim of consolidating the Emirati identity in all sectors, as ADNOC implements programs that contribute to consolidating the national identity within the company’s institutional culture, and supports the empowerment of economic and social development.

The Council also praised the progress made in developing the first phase of the “Taziz” chemicals system in the Ruwais Industrial City in the Al Dhafra Region, where all final investment decisions have been completed. It is planned that Taziz’s production will reach 4.7 million tons annually of industrial chemicals, becoming one of the largest integrated chemical industry systems in the Gulf region, which, along with the rest of ADNOC Chemicals projects, will double the production capacity to reach 11 million tons annually in 2028.

The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the UAE, Deputy Prime Minister and Head of the Presidential Court, His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of the Emirate of Abu Dhabi, His Highness Sheikh Hamdan bin Zayed Al Nahyan, Representative of the Ruler in the Al Dhafra Region, His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of the Emirate of Abu Dhabi, Representative of the Ruler in the Al Ain Region, and Suhail bin Mohammed Al Mazrouei, Minister of Energy. And infrastructure, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director and CEO of ADNOC and its group of companies, Dr. Ahmed Mubarak Al Mazrouei, Head of the President’s Office for Strategic Affairs and Head of the Abu Dhabi Executive Office, Ahmed bin Ali Al Sayegh, Minister of Health and Community Protection, Jassim Mohammed Buataba Al Zaabi, Executive Council Member and Head of the Department of Finance – Abu Dhabi, Dr. Abdullah Humaid Al Jarwan, Executive Council Member and Head of the Department of Energy – Abu Dhabi, and Khaldoon Khalifa Al Mubarak, Chairman Executive Affairs Authority, Managing Director and CEO of Mubadala Investment Company, along with a number of sheikhs and senior officials.

On this occasion, Dr. Sultan Ahmed Al Jaber said: “In line with the vision, directives and support of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, and thanks to the follow-up of the ADNOC Board of Directors and its Executive Committee headed by His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of the Emirate of Abu Dhabi, and through the combined efforts of all the group’s employees, ADNOC continues to focus on providing energy supplies in a responsible manner to contribute In meeting the growing global demand for it, in conjunction with its efforts to achieve the maximum possible value for the nation and shareholders.”

He added: “ADNOC’s success in dealing with the subtle changes witnessed by the global energy sector this year, and its continued acceleration of the growth of its business locally and internationally, confirms the dedication and sincerity of all our staff and our focus on benefiting from advanced technology and artificial intelligence tools and solutions to ensure that our business keeps pace with the future.”

The company is committed to continuing its continuous development efforts and implementing a qualitative shift in all stages and areas of its work to accelerate its contribution to creating and enhancing value on a large scale, and to consolidating its leadership in raising efficiency by taking advantage of artificial intelligence technologies, which contributes to enhancing its competitiveness, opening new horizons for growth, and continuing its contribution to supporting growth, progress and prosperity in the UAE.”

It is noteworthy that the “Habshan” complex is an essential pillar for supporting industrial growth in the country, through its contribution to providing reliable supplies of natural gas and raw materials necessary for vital industries, as it supports aluminum and steel production, cement manufacturing, and petrochemical industry facilities, which contributes to consolidating the UAE’s leading position as a global center for high-value sustainable manufacturing.