Dr Sultan Al Jaber named most influential figure in oil and gas for third year running

Oil & Gas Middle East says the chief executive of Adnoc has transformed the company since taking the helm in 2016

Dr Al Jaber retained his rank "thanks to his tireless efforts to transform Adnoc". Courtesy: Mohamed Al Hammadi / Ministry of Presidential Affairs 

Dr Sultan Al Jaber, Minister of State and Adnoc Group chief executive, was named as the most influential figure in oil and gas for the third year in a row by the Oil & Gas Middle East magazine.

Dr Al Jaber retained his rank "thanks to his tireless efforts to transform Adnoc and arguably, the wider oil and gas industry", state-run Wam news agency reported on Thursday.

Since he took over the helm at Adnoc in 2016, Dr Al Jaber has transformed the oil and gas company, striking high-profile deals with international partners and undertaking an integrated gas strategy to allow the UAE to reach gas self-sufficiency among other measures, the magazine said.

"Adnoc has also looked outside of its typical limits, pivoting to Asia as a growth opportunity and making a push to further grow its downstream portfolio," the magazine added.

Oil & Gas Middle East stated that in putting together its list the key focus is "impact".

"Our Power 50 are game-changing industry leaders, who push boundaries and influence the nature of the oil and gas sector. The world is changing and so must the energy industry."

Narendra Modi, Prime Minister of India, presented Dr Al Jaber with an award in February recognising his contribution to energy security, regional trade and his efforts towards modernising the oil and gas industry in the digital era.

During a ceremony at the Petrotech energy conference in Greater Noida, near New Delhi, Mr Modi congratulated Dr Al Jaber for "his vision for the future".

Dr Al Jaber has overseen a rapid and comprehensive transformation aimed at optimising resources and efficiency, strengthening overall performance and fostering a more commercial culture. He has also encouraged the development and adoption of new technologies including Big Data, the Internet of Things and blockchain to support this process.