Abu Dhabi, UAE— Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion ($272 million) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.
More than 50 percent of the value from the four contracts will flow back into the UAE economy, as part of ADNOC’s In-Country Value (ICV) programme, ADNOC said.
The contracts were signed on the sidelines of the inaugural Abu Dhabi International Food Exhibition with Royal Catering, Apex National Catering, National Corporation for Tourism & Hotels (NCT&H) and Sodexo Kelvin.
ADNOC employs people from over 100 different nationalities, in its businesses, that include 14 companies operating across the full energy value chain. Every year it provides over 45 million meals to meet the dietary needs of its employees and contractors, many working in remote offshore and onshore sites.
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, said, “Across our onshore and offshore operations, ADNOC and its contractors have significant requirements for high quality food catering services that address the needs of our large and diverse workforce. We are delighted to sign new agreements with four leading local companies, reinforcing our commitment to use domestic suppliers and contractors and ensuring the growth, development, and diversification of local industry.”