ADNOC to award AED200 billion in projects to advance growth strategy

ADNOC announced on Sunday plans to award contracts worth AED200 billion over the next three years, as part of efforts to expand production capacity and strengthen the UAE’s industrial base.

The company said the new projects, scheduled between 2026 and 2028, form part of its existing five-year capital expenditure programme and are aimed at meeting growing global demand for energy.

The announcement was made during the “Make it With ADNOC” forum in Abu Dhabi, which brought together engineering and construction firms with local manufacturers to support project delivery. More than 400 representatives from government and industry attended the event.

ADNOC said the planned contracts will cover both upstream and downstream operations, marking what it described as a new phase of large-scale project execution across its value chain.

A key focus of the programme is increasing the use of locally made products. Through its “Local+” initiative, the company is working with around 70 UAE-based manufacturers that meet its technical requirements, with the aim of prioritising “Made in the Emirates” goods across its projects.

The move is part of ADNOC’s wider In-Country Value programme, which seeks to boost domestic manufacturing, create jobs and strengthen supply chains. Officials say the new wave of investment is expected to expand industrial capacity, improve resilience and support long-term economic growth.

Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, said the company is entering a “new phase of growth”, combining large-scale investment with a stronger focus on local industry and delivery.

ADNOC also said it will continue to engage suppliers and contractors earlier in the project cycle, offering greater visibility into its investment pipeline and encouraging long-term partnerships with both international firms and local businesses.

Further initiatives are planned alongside the upcoming Make it in the Emirates 2026, where more than 1,000 companies are expected to take part in a new “Value Connect” programme designed to link manufacturers directly with buyers and contractors.

Officials say the strategy reflects growing confidence in the UAE’s industrial sector and aims to position the country as a key hub for both energy production and advanced manufacturing.