ADNOC Signs Agreements with Abu Dhabi Ports and Aldar Properties

The Abu Dhabi National Oil Company (ADNOC) signed, today, two comprehensive framework agreements, with Abu Dhabi Ports and Aldar Properties PSJC (Aldar), to explore opportunities for collaboration in relation to ADNOC’s In-Country Value (ICV) Program.

The agreements potentially extend the reach of ADNOC’s ICV Program to the logistics and construction sectors and reinforce ADNOC’s commitment to supporting the growth and diversification of the UAE’s economy.

Under the terms of the agreements, ADNOC and both companies will explore potential opportunities for collaboration in creating additional skilled employment opportunities for UAE nationals in the private sector and sourcing goods and services within the UAE.

In addition, the agreements would see ADNOC and both companies explore the potential for ADNOC to provide training on the implementation and measurement of compliance with the key objectives of its ICV Program.

The agreements were signed by Rashed Saud Al Shamsi, Director, Business & Commercial Support Directorate at ADNOC; Captain Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports; and Talal Al Dhiyebi, CEO of Aldar.

Source / More : ADNOC


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