Khaled bin Mohamed bin Zayed Leads ADNOC Board Meeting
- ADNOC's joint venture TA'ZIZ will produce 4.7 million tonnes of chemicals annually in Al Ruwais.
- Five chemical projects are under construction, with the sixth contract expected this year.
- The ammonia plant is set to be commissioned in Q4 2026.
Meeting Overview
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan chaired a meeting of the ADNOC Board's Executive Committee, focusing on financial performance and strategic priorities.
Strategic Initiatives
Key topics included deploying AI to enhance operations, domestic growth projects, and international expansion through XRG. ADNOC aims to diversify revenue and maximize value from Abu Dhabi's oil and gas resources.
International Expansion
ADNOC's international deals in 2025 include ventures in Egypt, Azerbaijan, and Turkmenistan. The company is expanding its trading footprint, marked by a new office in Geneva.
Unconventional Gas Development
ADNOC is accelerating unconventional gas development in Abu Dhabi, focusing on the Ruwais Diyab field, with an emphasis on productivity and cost reduction through technology and AI.
TA'ZIZ Chemical Projects
TA'ZIZ, a joint venture with ADQ, will produce 4.7 million tonnes of chemicals annually in Al Ruwais. Five projects are under construction, with the ammonia plant set for commissioning in Q4 2026.
Source: ADNOC