ADNOC Awards $14.7 Billion in UAE Contracts, Unveils $24.5 Billion Local Manufacturing Plan

ADNOC Awards $14.7 Billion in UAE Contracts, Unveils $24.5 Billion Local Manufacturing Plan

In one of the most significant boosts ever to the UAE’s industrial ecosystem, ADNOC awarded contracts worth AED 54 billion ($14.7 billion) to UAE-based companies, while unveiling a target of AED 90 billion ($24.5 billion) for local manufacturing by 2030.

The twin announcements, which were made at the Business Partnership Forum during ADIPEC 2025, reinforce ADNOC’s long-term vision to anchor more value creation inside the country.

What’s Driving It

The new contracts cover drilling, logistics, digital systems, and automation, all supporting ADNOC’s core operations.

Twelve new manufacturing facilities will be set up across Abu Dhabi, Al Ruwais, Al Ain, Ras Al Khaimah, and Sharjah.

Accordingly, framework agreements worth AED 2.6 billion were signed with Emerson, ABB, Schneider, Yokogawa, and Honeywell to manufacture control and safety systems within the country.

ADNOC’s ICV programme has already contributed AED 242 billion to the UAE economy and created 18,500 private-sector jobs for Emiratis.

Why It Matters

Economic diversification: The plan boosts local manufacturing and reduces import dependency.

Tech-driven growth: Emphasis on automation and smart systems indicates a move toward intelligent energy infrastructure.

Jobs & skills: New industrial hubs will drive Emiratisation and high-skilled employment.

Resilient supply chains: More local production means less vulnerability to global disruptions.

The Big Picture: ADNOC’s move is not an expansion of contracts but creating an ecosystem where energy, technology, and manufacturing converge. By 2030, the UAE hopes to transition from being an oil exporter to a global industrial and technology player with the help of partnerships that keep value and innovation at home.

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