AbuDhabi — President H.H Sheikh Mohamed Bin Zayed Al Nahyan has presided over the annual meeting of the Adnoc Board of Directors at the Habshan complex in Abu Dhabi, a strategic hub for the company’s onshore operations which includes one of the world’s largest gas processing facilities.

The meeting was held in the operations control room operated by Adnoc Gas, which supplies 60 per cent of the UAE’s natural gas requirements to support the energy and industrial sectors.

During the meeting, Adnoc’s five-year business plan and capital expenditure (CAPEX) of$150 billion (Dhs551billion) for 2026-2030 was approved by the Board to maintain the company’s current operations and drive smart growth as it continues to help meet growing global energy demand.

Sheikh Mohamed recognised Adnoc’s success in delivering on its domestic and international growth strategy while strengthening its resilience in a fast-evolving energy landscape.

He called on Adnoc to scale its impact beyond performance and convert success into strategic advantage to reinforce the UAE’s standing as a technology-driven energy powerhouse.

Sheikh Mohamed underlined Adnoc’s continued role as a catalyst for the UAE’s growth and diversification.

He recognised the company for creating new economic and industrial opportunities for the private sector through its In-Country Value (ICV) programme and for its support of the ‘Make it in the Emirates’ initiative, the national programme to drive industrial growth and diversification.

Ahead of the meeting, Sheikh Mohamed was briefed on strategic growth and value creation projects during a tour of the Habshan complex where he met with talented Emirati employees playing key roles at the facility.

Sheikh Mohamed acknowledged their efforts and thanked Adnoc employees across the Group for their hard work, dedication, and vital role in enabling the UAE’s continued success.

Sheikh Mohamed emphasised that the UAE’s people are its greatest asset and reaffirmed the Leadership’s commitment to prioritising their development and well-being.

Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Adnoc Managing Director and Group CEO, said, "With the steadfast support of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan and the guidance of our Board of Directors, Adnoc continues to responsibly provide energy to meet growing global demand while maximising value for our shareholders.

 Our success this year in navigating a complex energy landscape and accelerating domestic and international growth is a testament to the dedication of all my colleagues at Adnoc and our focus on leveraging advanced technologies and AI to future-proof our business. 

We will continue to transform how we create value at speed and scale, driving a new era of intelligence-powered performance, operating at the intersection of AI and energy, to deliver growth for the UAE.”