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ADNOC reshuffles leadership

Industry

Abu Dhabi National Oil Company (ADNOC) has reshuffled its leadership, in the first major shakeup since the appointment of Sultan Ahmed Al Jaber as its chief executive in February this year 

ADNOC named Abdulaziz Abdulla Alhajri as director of its refining and petrochemicals division and Omar Suwaina Al Suwaidi as director of its gas division, the company said in a statement. 

The firm also appointed new chief executives for six of its 18 operating units, including ADCO and ADMA-OPCO. The appointments are all promotions from within ADNOC’s ranks, following the retirement of two executives. 

Chief executive Al Jaber said, “These new appointments reflect our commitment to strengthening and advancing our company by promoting talent from within. 

“They will also play a fundamental role in executing our strategic imperatives of creating a more profitable upstream business and a more valuable downstream business, ensuring more gas supply, and developing world-class talent,” he said. 

ADNOC is currently in talks to award stakes in its 40-year onshore concession to develop the emirate’s biggest oilfields, after a deal with Western oil companies dating back to the 1970s expired in January 2014.

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