Sultan Al Jaber & Abu Dhabi National Oil Company

Sultan Al Jaber: Sultan Al Jaber, CEO of ADNOC and UAE minister, articulated the United Arab Emirates' strategic reasons for leaving OPEC, emphasizing national interests and economic diversification.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company (ADNOC) plans to award 200 billion dirhams ($55 billion) in projects for 2026-2028, reinforcing its five-year capital expenditure plan to meet growing global energy demand, aligning with the United Arab Emirates' strategy to boost output.

Sultan Al Jaber: Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company Managing Director and Group CEO, was present at the signing, highlighting government support for the initiative.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company is a joint venture partner in TA ZIZ and its broader ecosystem will integrate new chemical production, capitalizing on synergies.

Sultan Al Jaber: Sultan Al Jaber, Chairman of Borouge, emphasized the company's resilience and leadership in the polyolefins industry.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company is a strategic partner in Borouge and, along with OMV, completed the combination of Borouge and Borealis into Advent International. Abu Dhabi National Oil Company also granted Borouge operational control of the Borouge 4 mega project.

Sultan Al Jaber: Sultan Al Jaber, Chairman of Masdar, commented on the strategic importance of the joint venture for the UAE's energy leadership and its role in meeting Asia's electricity demand.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company is a shareholder of Masdar.