ADNOC's Executive Committee surveys achievements at initial meeting

WAM

The Abu Dhabi National Oil Company’s (ADNOC) Board of Directors’ Executive Committee has been reviewing its strategies.

The body's first meeting was chaired by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office.

During the talks, the committee approved the next strategic and financial plans for the company, as well as matters of corporate governance.

They were also updated on ADNOC’s financial results and operational performance.

In addition, they commended the company's recent landmark achievements, including the launch of Abu Dhabi’s Murban crude oil futures contracts with ICE Futures Abu Dhabi, the 2030 Sustainability Agenda, the $5.5 billion real estate investment and the landmark $ 20.7 billion energy infrastructure deal.

In February, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, in his capacity as Chairman of the board of directors of ADNOC, issued a resolution to form the executive committee of the board of directors of Abu Dhabi National Oil Company, chaired by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.

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