NOC Asset Committee Eyes Unified Governance
The National Oil Corporation’s Fixed Assets and Intangible Assets Management Committee held an expanded meeting attended by Dr. Al‑Sharif Saad Salem, the Chairman of the committee for oil companies’ fixed assets and intangible assets management. The group discussed ways to develop and update asset management procedures.
The meeting, attended by the heads and members of the committees from the company and its subsidiaries, focused on ways to align technical and administrative standards. This is to ensure the highest levels of governance and transparency in managing the sector’s assets.
Attendees focused on strengthening coordination between agencies and exchanging expertise to ensure the optimal use of resources. The discussion aligned with the NOC’s vision to enhance institutional performance and maintain administrative discipline in managing vital assets.