ADNOC Unveils $55 Billion Project Pipeline to Drive UAE Industrial Growth
Abu Dhabi National Oil Company (ADNOC) announced Monday it will award 200 billion dirhams ($55 billion) in new projects between 2026 and 2028, signalling a massive acceleration in its domestic infrastructure and energy pipeline.
The planned investment is a central pillar of ADNOC’s five-year capital expenditure program, with the project spanning the company’s entire value chain.
From upstream extraction to downstream processing, the state-owned energy giant is moving to meet rising global demand while reinforcing the United Arab Emirates’ industrial sector.
The announcement was made during the "Make it With ADNOC" forum, where company leadership presented the multiyear project roadmap to more than 400 representatives from government and the private sector.
The event focused on connecting engineering, procurement, and construction (EPC) contractors with 70 local manufacturers through ADNOC’s "Local+" initiative.
"This marks a new chapter of growth and resilience to meet rising global energy demand while strengthening and expanding the UAE’s industrial and manufacturing base," said Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Group CEO.
Al Jaber emphasized that the company is shifting into an execution phase defined by scale. By providing clear visibility into its multi-billion-dollar pipeline, ADNOC aims to encourage long-term, performance-based partnerships rather than simple transactional contracts.
Central to this pipeline is the In-Country Value (ICV) program, which mandates that project delivery prioritizes "Made in the Emirates" products.
The strategy is designed to ensure that the massive capital infusion stays within the local economy, supporting small and medium-sized enterprises (SMEs) and diversifying the nation's industrial capabilities.
To further this goal, the company plans to launch "ADNOC Value Connect" during the 2026 Make it in the Emirates forum. The initiative will act as a "meet the buyer" platform, connecting over 1,000 companies with ADNOC’s primary suppliers and EPC contractors.
The surge in project awards reflects a more agile delivery model intended to streamline the development of critical energy infrastructure while boosting the UAE’s economic diversification.