ZAWYA: ADNOC to accelerate growth and delivery of its strategy with AED 200bln in project awards

Zawya
2026.05.03 12:54
portai
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ADNOC has announced it will accelerate its growth strategy with AED 200 billion ($55 billion) in project awards for 2026-2028. This initiative supports its five-year capital expenditure plan and aims to enhance UAE's manufacturing capacity while meeting global energy demand. The announcement was made at the 'Make it With ADNOC' Forum, which connected EPC contractors with local manufacturers. The project awards will strengthen ADNOC's In-Country Value program and promote local products, fostering collaboration between contractors and manufacturers to boost the industrial ecosystem in the UAE.