Adnoc says decade-old contingency plan kept oil flowing throughout Iran war
State-owned Adnoc began preparing for major disruption to energy supplies 10 to 15 years ago, building contingency plans and backup infrastructure that helped it maintain oil production throughout the Iran war. “We actually prepared for this scenario in our playbooks 10 years ago, 15 years ago,” Abdulmunim Al Kindy, a board director at Adnoc and chairman of Abu Dhabi energy event Adipec, said on…
Adnoc, the state-owned energy company, claims that a decade-old contingency plan played a crucial role in maintaining oil production during the Iran war. Board director Abdulmunim Al Kindy, who previously headed the company's upstream division, revealed that Adnoc had been preparing for potential supply disruptions for 10 to 15 years by investing in backup facilities and interconnections.
Despite these measures not yielding immediate commercial benefits, they proved invaluable when the crisis unfolded, ensuring the company "kept the lights on." Beyond physical infrastructure, Adnoc also implemented extensive emergency drills and scenario planning, instilling "almost muscle memory" in its employees during the crisis.
In recent years, Adnoc has expanded its oil production capacity by nearly 75% to 4.85 million barrels per day, with a target of reaching five million barrels per day by 2027. To support this growth, the company approved a Dh551 billion ($150 billion) spending plan for 2026 to 2030, aiming to maintain operations and further increase production capacity.
At the upcoming Adipec 2026 conference, Al Kindy emphasized that energy security is directly linked to economic stability, highlighting the event's growing importance in the region. With record participation from Asia, the conference expects over 239,000 visitors from 170 countries, underscoring the critical nature of energy security in today's world.
Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Adnoc says decade-old contingency plan kept oil flowing throughout Iran war thenationalnews.com
