Announcement made at ‘Make it with ADNOC’ forum
ADNOC recently confirmed it is accelerating growth and delivery of its strategy with AED 200bn (US$ 55bn) in new project awards for 2026-2028.
The planned project awards reinforce delivery of ADNOC’s five-year capital expenditure (CAPEX) plan approved by its Board of Directors last year and will usher in a new phase of world-scale project execution across its value chain to meet growing global energy demand.
The announcement was made at the ‘Make it with ADNOC’ Forum, which connected top engineering, procurement and construction (EPC) contractors with 70 local manufacturers included in ADNOC’s ‘Local+’ list after meeting its technical and qualification standards to support the company’s project requirements.
ICV program
The ‘Local+’ initiative under ADNOC’s In-Country Value (ICV) program is aimed at ensuring that Made in the Emirates products are first-choice across ADNOC’s project delivery, supporting the growth of local manufacturers.
The planned project awards span ADNOC’s upstream and downstream operations and usher in a new phase of project delivery that will supercharge UAE’s manufacturing capacity, strengthen industrial resilience, deepen the impact of the company’s In-Country Value program and advance the ‘Make it in the Emirates’ initiative.
Growth and resilience
“This marks a new chapter of growth and resilience to meet rising global energy demand while strengthening and expanding the UAE’s industrial and manufacturing base,” stated HE Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO.
The event reaffirmed the company’s drive to advance local manufacturing by strengthening collaboration between EPC contractors and national manufacturers under its ICV program.
The event was held on the eve of Make it in the Emirates 2026, planned from May 4 to 7, at ADNEC in Abu Dhabi.
