Schlumberger plans to recruit, and invest in the training of, UAE nationals through participation in ADNOC's In-Country Value Program.

Schlumberger revealed Wednesday that its plans to recruit, and invest in the training of, UAE nationals through participation in Abu-Dhabi National Oil Company’s (ADNOC) In-Country Value (ICV) Program.

In a statement sent to Rigzone, Schlumberger announced that it 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”.

Schlumberger signed a memorandum of understanding with ADNOC to support its ICV program on Wednesday. The program is designed to “catalyze socio-economic development, improve knowledge-transfer and generate jobs for UAE nationals,” Schlumberger highlighted.

At the signing ceremony, Rashed Saud Al Shamsi, the director of the business and commercial support directorate at ADNOC, said, “we are pleased to see that Schlumberger shares our vision to create, unlock and maximize value for the benefit of the UAE”.

“Through our In-Country Value Program, 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,” he added.

Ghassan Mirdad, the president of eastern Middle East at Schlumberger, 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”.

“We are proud of our partnership with ADNOC and look forward to contributing to the successful In-Country Value Program through the recruitment and professional development of Emiratis,” he added.

Schlumberger describes itself as the world’s leading provider of technology for reservoir characterization, drilling, production and processing to the oil and gas industry. The company employs approximately 105,000 people.

ADNOC describes itself as one of the world’s leading energy producers. It is the 12th largest oil producer in the world, according to its website.

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