ADNOC unveils AED 60 billion in new local manufacturing opportunities
Abu Dhabi: ADNOC wants UAE factories to make around 200 more products and a range of critical spare parts. The announcement came from Omar Abdulla Alnuaimi, Group Chief of ADNOC's Commercial & In-Country Value Exectuive Function at the second Make It with ADNOC Forum in Abu Dhabi today. Omar Abdulla Alnuaimi, Group Chief of ADNOC's Commercial & In-Country Value Exectuive Function at the second…
ADNOC has unveiled a package worth AED 60 billion in new local manufacturing opportunities in Abu Dhabi. Group Commercial & In-Country Value Executive Function, Omar Abdulla Alnuaimi, announced the initiative at the second Make It with ADNOC Forum today. The announcement aims to encourage businesses to develop 200 new products and critical spare parts, supporting ADNOC's growth plans.
Alnuaimi explained that the opportunities were based on ADNOC's investment plans and capital program, focusing on resilient supply chains to achieve ambitious investments. Products span across drilling, operations, and projects, including mechanical, electrical, static, and rotary equipment. ADNOC already has localized wellheads, drilling fluids, electrical submersible pumps, central coolers, and seamless pipes in drilling.
In projects, the company wants to localize rotary equipment like compressors and pumps, while in operations and maintenance, it aims to localize electrical components, spare parts, catalysts, and chemicals.
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