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Schlumberger has signed a memorandum of understanding with the ADNOC to support its In-Country Value (ICV) Programme, which is designed to catalyse socio-economic development, improve knowledge-transfer and generate jobs for UAE nationals

Photo 1Memorandum of understanding reaffirms Schlumberger’s long-term commitment to the UAE. (Image source: bcw-global)

Through participation in ADNOC’s ICV Programme, Schlumberger plans to recruit and invest in the training of UAE nationals for the company’s oil and gas services business. Schlumberger has the ambition to increase its Emirati workforce, with the potential of up to 1,000 new job hires, driven by the company’s existing businesses as well as further expansions.

The agreements were signed by Ghassan Mirdad, president, Eastern Middle East at Schlumberger, and Rashed Saud Al Shamsi, Director, Business and Commercial Support Directorate at ADNOC – and witnessed by Olivier Le Peuch, Schlumberger CEO, and Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.

At the signing ceremony, Rashed Saud Al Shamsi said, “We are pleased to see that Schlumberger shares our vision to create, unlock and maximise value for the benefit of the UAE. Through our In-Country Value Programme, we will deepen our collaboration to expand employment and talent development opportunities for UAE nationals, helping to drive the UAE’s socio-economic growth and development for many years to come.”

Ghassan Mirdad said, “Schlumberger is committed to enabling regional efficiency and performance while increasing local content in line with the strategic priorities of ADNOC and the UAE’s oil and gas industry.”