ADNOC to spend over AED18 billion on local goods and services by end of 2018

The Abu Dhabi National Oil Company (ADNOC) today announced that its In-Country Value (ICV) spend for the year 2018 will be over AED18 billion. This represents a significant year-on-year increase and is attributed to the company’s new ICV programme, which was launched in January 2018. The amount that ADNOC...