Understanding Penalties and Enforcement Trends Under ADNOC’s In-Country Value (ICV) Program

Introduction to ADNOC’s In-Country Value (ICV) Program The Abu Dhabi National Oil Company (ADNOC) has implemented the In-Country Value (ICV) Program as a strategic initiative aimed at stimulating the local economy of the Emirate of Abu Dhabi. This program serves to promote local supply chains while enhancing the economic contributions of local suppliers across various … Read more

Comparing ADNOC In-Country Value (ICV) with Frameworks in DIFC/ADGM and UAE Free Zones: Implications for Suppliers

Introduction to ADNOC In-Country Value (ICV) The In-Country Value (ICV) program, initiated by the Abu Dhabi National Oil Company (ADNOC), represents a strategic framework aimed at enhancing the contribution of the UAE’s oil and gas sector to the local economy. This initiative seeks to maximize the economic benefit generated from ADNOC’s activities throughout its supply … Read more