BAKU, Azerbaijan, October 26. ADNOC has
announced more than AED60 billion ($16.3 billion) in local
manufacturing opportunities through 2030, alongside reforms to its
procurement, supplier registration and In-Country Value (ICV)
programs aimed at boosting industrial investment, creating jobs and
strengthening domestic supply chains, the company said on October
25.
The measures were unveiled at the second Make it with ADNOC
Forum, held at Emirates Palace in Abu Dhabi ahead of ADIPEC. The
initiative offers manufacturers and investors greater visibility
into future demand and a streamlined process for competing for
contracts with the UAE energy company.
The opportunities cover more than 200 essential products and a
wide range of critical spare parts that ADNOC aims to source from
local manufacturers, supported by expanded industrial investment
incentives and longer-term commercial partnerships.
The manufacturing opportunities span several categories critical
to ADNOC's projects and operations, including rotating equipment
and power systems, electrical and automation equipment, drilling
and completion tools, chemicals and catalysts, piping and
fabrication, heavy equipment, spare parts and advanced
manufacturing.
“The manufacturing opportunities span critical products
supporting ADNOC's projects and operations, including rotating
equipment and power; electrical, control and automation systems;
drilling and completion equipment; chemicals and catalysts; piping,
fabrication and heavy equipment; and spare parts and advanced
manufacturing,” said the company.
Many of these products are currently imported. Producing them
domestically is expected to shorten delivery times, reduce exposure
to global supply disruptions and improve the resilience of ADNOC's
operations.
ADNOC will work with the Ministry of Industry and Advanced
Technology (MoIAT) and the Abu Dhabi Investment Office (ADIO) to
connect manufacturing opportunities with industrial support
measures. The cooperation will combine visibility into ADNOC's
procurement requirements with access to the national industrial
database and financing through the National Industrial Resilience
Fund.
The initiative is intended to help manufacturers turn identified
demand into commercially viable investments, in line with the UAE's
"Make it in the Emirates" industrial strategy.
ADNOC also signed two memoranda of understanding with ADIO and
KEZAD Group on the sidelines of the forum.
The company announced that its Local+ program had expanded to
more than 100 UAE manufacturers, up from 70 when it was launched in
May 2026. The program gives locally manufactured products priority
in ADNOC projects by requiring engineering, procurement and
construction (EPC) contractors bidding for new projects to source
relevant items from approved manufacturers on the list.
Procurement and supplier registration
reforms
ADNOC is introducing a single-window system covering supplier
registration, qualification and compliance, with requirements
tailored to the nature and risk level of each contract.
Artificial intelligence will be used to support document
verification and reuse existing data, reducing repeated submissions
and administrative processing.
The company is also revising its ICV evaluation framework to
link procurement decisions more closely with commercial
competitiveness and suppliers' contributions to the UAE
economy.
Under the revised model, commercial and ICV proposals will be
assessed through a single evaluation framework. ADNOC will
discontinue its previous bid-matching approach, encouraging
suppliers to submit their most competitive commercial and ICV
offers from the outset. Requirements will also be proportionate to
the size and scope of contracts.
Changes to ICV-related retention payments are expected to
improve transparency and cash flow for suppliers. Where retention
applies, automated calculations and releases through the ADNOC
Supplier Hub will reduce manual follow-up once contractual
obligations have been fulfilled.
ADNOC has also introduced a refreshed identity for its ICV
program, reflecting its development into a broader platform for
industrial investment, employment and supplier competitiveness.
Alongside the reforms, the company outlined a new commercial
strategy based on four priorities: agility, competitiveness,
strategic partnerships and forward planning. The approach is
intended to simplify procurement, accelerate decision-making, align
contracting models with project and market conditions, improve
commercial negotiations and provide earlier visibility of future
demand.
ICV program redirects $83.6bn into the UAE
economy
The forum marked the eighth anniversary of ADNOC's ICV program
and featured the launch of the ADNOC ICV Excellence Awards,
recognizing companies, employees and strategic partners for their
contributions to local manufacturing, Emiratization and supplier
development.
ADNOC employees were also recognized as ICV Champions for their
role in developing the program and delivering its objectives. The
company additionally commended resilience partners that helped
maintain operational continuity during recent disruptions by
meeting urgent requirements and supplying critical materials and
services.
Since its launch in 2018, the ICV program has sought to channel
ADNOC's procurement spending into the wider UAE economy.
By the end of 2025, the program had redirected more than AED307
billion ($83.6 billion) into the domestic economy. It had also
supported the localization of more than 130 products, the
development of 95 factories in the UAE and employment opportunities
for more than 27,500 Emiratis at participating private-sector
companies.
