Sheikh Khaled Chairs ADNOC Board Meeting to Review Strategic Growth and Innovation Initiatives

Abu Dhabi:H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, presided over a meeting of the Executive Committee of the ADNOC Board of Directors at the Abu Dhabi Energy Centre.

According to Emirates News Agency, during the meeting, Sheikh Khaled assessed ADNOC's performance over the initial ten months of 2026, including the advancement of strategic growth projects and the integration of advanced technologies and artificial intelligence across operations. He further examined ADNOC's initiatives to strengthen resilience within its value chain and maintain energy supply continuity amid rising global demand.

Sheikh Khaled emphasized ADNOC's crucial role in bolstering the national economy and solidifying its status as a dependable energy provider both in the UAE and internationally. He highlighted the necessity of ongoing investment in production capabilities, utilizing advanced technologies to boost operational efficiency, and enhancing supply chain resilience to uphold global energy security.

The meeting also covered the results of the second Make it with ADNOC Forum, held on October 25, 2026, with over 1,000 local companies and manufacturers participating. ADNOC declared more than AED60 billion in local manufacturing prospects by 2030, along with substantial improvements to its procurement, supplier registration, and In-Country Value frameworks. Sheikh Khaled underscored the importance of supporting national industries, developing local capabilities, and advancing the localization of high-tech industries to expedite the UAE's economic diversification goals.

The Crown Prince also stressed that empowering Emirati talent, fostering innovation, and creating high-quality private-sector employment for UAE nationals are vital to establishing a competitive, knowledge-driven national economy. Additionally, Sheikh Khaled was briefed on the key activities and panel discussions of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2026.

He noted the event's importance as a global forum that promotes dialogue and collaboration among energy industry leaders, decision-makers, and investors, offering platforms to share insights, develop innovative solutions, and address the demands of energy security and sustainability while supporting economic growth. ADIPEC 2026 assembled over 2,250 exhibitors, serving as a global stage to advance partnerships, attract investment, and explore technological solutions in the energy sector.

Attendees of the meeting included Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, and ADNOC Managing Director and Group CEO; Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure; Ahmed Ali Al Sayegh, Minister of Health and Prevention; Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority, and Managing Director and Group CEO of Mubadala Investment Company; and Jassem Mohamed Bu Ataba Al Zaabi, Chairman of the Department of Finance - Abu Dhabi.