ADNOC Gas delivered a strong financial performance in Q4 2023, seeing net income rise 24% year-on-year to US$1,345mn and net income for FY 2023 amounting to US$4,720mn
Industry
Baker Hughes and Dussur launch chemicals manufacturing facility in Saudi Arabia
Baker Hughes, an energy technology company, and Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), have inaugurated the Saudi Petrolite Chemicals facility, a chemicals manufacturing facility focused on providing oilfield, power generation and industrial chemicals in The Kingdom of Saudi Arabia
Front End partners with The Drone Centre for drone distribution in Saudi Arabia
Front End Limited Company, a Saudi-owned company that provides advanced products and solutions to the energy, mining, industrial, maritime and logistics sectors, has signed an exclusive partnership agreement with The Drone Centre (TDC) for the distribution of DJI drones in the Kingdom
Specialist Services launches new facility in Abu Dhabi
In support of the ‘Make it in the Emirates’ initiative and the national In-Country Value (ICV) programme, Specialist Services, part of Centurion Middle East & North Africa, has launched a new state-of-the-art 50,000 square metre waterfront fabrication facility with a rental and service centre in Abu Dhabi
Advancing the UAE's localisation objectives
On the occasion of the opening of Specialist Services’ new facility in Abu Dhabi, Yaser Al Mazrouei, ADNOC’s executive director, People, Commercial and Corporate Support, spoke to Oil Review Middle East about how the establishment of the new facility aligns with ADNOC’s commitment to industrial diversification, local manufacturing and empowering local talent