Business | Oil & Gas

Adnoc to augment workforce by 30%

Expansion strategy aims for 75 per cent Emiratisation by 2014

  • By Himendra Mohan Kumar, Staff Reporter
  • Published: 00:00 November 23, 2010
  • Gulf News

  • Image Credit: Gulf News archive
  • An aerial view of the Adnoc headquarters.The prices of Adnoc crude oil grades have risen this year as consumption rose worldwide amid the improved outlook for the global economy. In October the price of Adnoc crude grades averaged $80.84 a barrel, higher than $75.26 a barrel in September.

Abu Dhabi: The Abu Dhabi National Oil Company (Adnoc) plans to increase its workforce by 30 per cent, or about 9,000, across its 15 companies over the next five years, Ali Rashid Al Jarwan, Chief Executive Officer of the Abu Dhabi Marine Operating Company (Adma-Opco), an Adnoc Group company, said in the capital on Monday.

Speaking to reporters on the sidelines of an industry conference, Al Jarwan said new recruitments would support the new expansion and development across the Adnoc Group over the next seven years.

"Our industry is global. We are very diversified in terms of the nature of our business. For new projects and modifying existing projects, we need a diversified workforce," said Al Jarwan.

The attrition rate in the Adnoc Group at present is around five per cent, he said.

Badria Khalfan, Adnoc's Deputy Director of Human Resources and Administration, said the target is 75 per cent Emiratisation in Adnoc and across its group of companies by 2014.

Currently, Khalfan said, UAE nationals comprise 50 per cent of the workforce across the Adnoc Group. The group at present employs more than 30,000 people, she added.

"We are adding 800 national employees each year. Of the total employees, there are 15 per cent female employees at Adnoc and across its group of companies," Khalfan said previously.

Adnoc is currently hosting the 27th meeting of the GCC National Oil Companies Production and Maintenance teams in Abu Dhabi.

Industry conclave

Attendees at the three-day meet include representatives from Saudi Aramco, Tatweer Petroleum from Bahrain, Kuwait Oil Company, Qatar Petroleum, Petroleum Development Oman, Adnoc Group of Companies and leading international oil companies based in Abu Dhabi.

"The objective of these rotating meetings for the GCC national oil companies is the continuous dedication and cooperation for finding solutions to interests and obstacles that production and maintenance operations encounter. [It's also]...to exchange experiences and set strategies and employment development plans in technical fields," Al Jarwan said in his welcome speech to delegates.

"Today's meeting focuses on the exchange of information, studying for plans to know how to establish well-trained talented workforce and maintain it to guarantee the flow of work. This is an issue that receives the continuous attention of GCC governments," added Al Jarwan.

According to official figures, Abu Dhabi is injecting nearly $8 billion (Dh29.3 billion) into projects between 2005-2011. These target both its onshore and offshore areas.

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