H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Government Council, has chaired a gathering of the Government Committee of the ADNOC Board of Administrators.
In the course of the assembly at ADNOC’s headquarters, Sheikh Khaled reviewed ADNOC’s monetary efficiency and its strategic priorities, together with deploying synthetic intelligence (AI) because it goals to change into probably the most AI-enabled power firm, executing home progress initiatives and worldwide growth via its worldwide power funding firm, XRG, diversifying income streams, and unlocking worth from Abu Dhabi’s oil and gasoline sources.
H.H. Sheikh Khaled underlined the significance of sustaining ADNOC’s growth methods to make sure the corporate stays resilient and aggressive, reinforcing its place to generate and maximise long-term worth in a quickly evolving world power panorama.
Sheikh Khaled bin Mohamed bin Zayed highlighted that ADNOC’s worldwide growth is integral to this and the corporate, via XRG, has already closed a number of necessary worldwide offers in 2025, together with Arcius Power, its three way partnership with bp for upstream gasoline in Egypt, its stake within the Absheron gasoline and condensate subject in Azerbaijan, and its participation in Offshore Block 1 in Turkmenistan.
His Highness evaluated how ADNOC is constructing new income streams, increasing buying and selling actions and exploring digital asset alternatives because it continues to maximise worth from oil and gasoline manufacturing. A key a part of its success has been the growth of ADNOC’s world buying and selling footprint, which marked a significant milestone with the current opening of a buying and selling workplace in Geneva, Switzerland.
Sheikh Khaled famous that within the 5 years since ADNOC’s buying and selling companies have been launched, they’ve created vital worth for the nation, outfitted UAE Nationals with new expertise and expertise in worldwide commodity buying and selling and strengthened the UAE and Abu Dhabi’s position as a world buying and selling hub.
Constructing on these efforts, His Highness gave directives to additional leverage AI to optimise buying and selling operations, improve operational effectivity and competitiveness, and future-proof the corporate.
H.H. Sheikh Khaled bin Mohamed bin Zayed was additionally up to date on how ADNOC is reinforcing enterprise continuity and empowering UAE Nationals to guide in crucial roles.
Sheikh Khaled additionally reviewed ADNOC’s acceleration of unconventional gasoline growth in Abu Dhabi, together with throughout the Ruwais Diyab subject, and its ongoing de-risking of Abu Dhabi’s huge unconventional sources. The progress in unconventional gasoline is being pushed by enhanced productiveness, a agency deal with drilling and completion effectivity, and the appliance of know-how and AI to drive down growth prices.
His Highness directed ADNOC to broaden its work with worldwide companions to unlock worth from Abu Dhabi’s hydrocarbon sources in assist of gasoline self-sufficiency and serving to to satisfy rising world power demand.
On the assembly, Sheikh Khaled famous that 2025 marks 75 years since Abu Dhabi commenced oil and gasoline exploration with the drilling of its first ever exploratory properly at Ras Al Sadr – a historic milestone that displays the UAE’s resilience, imaginative and prescient and pursuit of excellence. His Highness highlighted that the milestone laid the inspiration for Abu Dhabi to diversify its economic system and ADNOC continues to responsibly harness the nation’s oil and gasoline sources to create lasting worth.
ADNOC can also be creating new home worth chains via TA’ZIZ, its three way partnership with ADQ. TA’ZIZ is ready to supply 4.7 million tonnes each year of chemical substances, together with methanol, low-carbon ammonia, caustic soda, ethylene dichloride, vinyl chloride monomer and polyvinyl chloride, within the first part of growth in Al Ruwais Industrial Metropolis, Al Dhafra Area.
Of those six initiatives, 5 are underneath building, whereas the contract to construct the sixth is anticipated to be awarded later this yr. Building of the ammonia plant is properly underway, and it’s set to be commissioned within the fourth quarter of 2026.
Attending the assembly have been Dr. Sultan Ahmed Al Jaber, Minister of Trade and Superior Expertise and ADNOC Managing Director and Group CEO; Suhail Mohamed Al Mazrouei, Minister of Power and Infrastructure; Ahmed Ali Al Sayegh, Minister of Well being and Prevention; Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO of Mubadala Funding Firm; Jassem Mohamed Bu Ataba Al Zaabi, Chairman of the Abu Dhabi Division of Finance; and Omar Suwaina Al Suwaidi, Undersecretary on the Ministry of Trade and Superior Expertise.