Adnoc Review

Abu Dhabi’s next major onshore increase will occur in 2014 with a further expansion of Bab. The Rumaitha and Dhabiya fields will add 112,000 bpd to reach 230,000 bpd by 2017 helping the emirate achieve an output target of 3.5 mbpd ABU DHABI is planning to spend more than $70 billion on its oil, gas and petrochemical sector over the next decade, which includes plans to boost total oil production capacity to 3.5 million barrels per day (mbpd) by 2017, and increase gas production from 6 billion cubic feet per day (bcfd) to 7.5...






Exxon was brought in to help expand the huge Upper Zakum field, which the US supermajor says holds some 50 billion barrels, from 500,000 bpd to 750,000 bpd THE ExxonMobil-led Upper Zakum development will see the next major boost of nearly 100,000 barrels per day in 2014, although the offshore field will hit its targeted output only by early 2017, slightly later than originally planned, according to the most recent development plans...






The sour nature of the gas makes the project challenging, as the partners must contend with a gas stream that contains 23 per cent deadly hydrogen sulphide and 10 per cent carbon dioxide, besides huge cost overruns OCCIDENTAL Petroleum says its Shah sour gas development in Abu Dhabi is approaching the half-way mark, and further progress should follow soon as the company doubles its spending there this year...






Set to complete in 2013, the acquisition will establish Taqa as a leading consolidator in the UK North the Sea ABU DHABI National Energy Co (Taqa) has agreed the $1.058 billion acquisition of a package of UK central North Sea assets from UK-listed major BP – transforming Taqa’s profile in the basin...






The company, which expects a 700 per cent growth in capacity, will expand its production capacity under the “Borouge 3” project to reach 4.5 million tonnes ABU DHABI-BASED Borouge, a leading provider of innovative plastics solutions, plans to invest upto $4.5 billion in its ambitious plant expansion project, which once operational will help boost its production capacity by 700 per cent in the next four years, says a senior official...






The new pipeline, when it is at full capacity, will allow the UAE to move some 1.8 million barrels per day – two-thirds of current exports – on to the Gulf of Oman ABU DHABI plans to continue exporting cargoes of Murban crude oil from the port of Fujairah with further shipments to be exported through the Abu Dhabi-Fujairah pipeline, as the UAE steps up oil exports from the terminal that lies outside the Strait of Hormuz at the mouth of the Gulf...






The Upper Zakum expansion is part of Adnoc’s broader plan to expand output capacity by 750,000 bpd to 3.5 mbpd by 2017 from about 2.8 mbpd in 2010 ZAKUM Development Company (Zadco) is considering price offers in the region of $4 billion from five contenders to build onshore facilities for Abu Dhabi’s Upper Zakum (UZ) 750 oilfield expansion project...






The invitation for BP appeared to be under threat earlier last year after Adnoc sent out invitations to oil firms to bid for the renewed rights but didn’t send one to BP UK-BASED energy giant BP has been invited back to bid for a renewal of its stake in Abu Dhabi’s oil concession and the Abu Dhabi National Oil Co (Adnoc), aims to announce a shortlist of bidders soon, an oil official from the UAE says...






Part of the Stanford Marine Group, a leading industrial group based in the UAE, Stanford Marine has achieved a leading position in its industry through hard work and a continuous focus on client satisfaction, operations effectiveness and HSE STANFORD Marine owns, manages and operates a large fleet of offshore supply vessels that service the oil and gas industry in the Middle East, South East Asia, and Africa...






IRM has established itself as one of the most reliable names in the offshore and marine industry IRM Offshore and Marine Engineers is the flagship company of IRM Group, founded in 1964. During the journey of last five decades, IRM has established itself as one of the most reliable names in the offshore and marine industry and caters to the offshore platforms and ports across the globe...






As the new year marks the start of a period of rapid growth in the windfarm construction vessel market, DNV highlights the need for owners and yards to consider both class and flag state requirements when evaluating limited operation designs THE year 2013 marks the start of a period of rapid growth in the windfarm construction vessel market and it coincides with new operational demands that require careful consideration, particularly in the design of jack-up systems. DNV highlights the need for owners and yards to consider both class...






PROCEQ – the inventor of Leeb rebound hardness testing – has applied its many years of experience to produce a new instrument with unique features, allowing convenient hardness testing for a large variety of metal pieces on site...






The firm is today comparable to a bank with regard to the number of transactions it does. Scalability, reliability and quick transaction time are its hallmark ADNOC Distribution is ambitious and has now set its goal on becoming the leader in the world of oil distribution and is marching towards that ambition with a strong IT infrastructure in place...






From now until 2015, the company is spending around $1 billion on newbuildings. About $200 million is earmarked for 10 PSVs, with dynamic positioning 2 (DP2) ABU DHABI-BASED shipowner Esnaad is still hungry for new ships, even after pushing successfully and heavily to build a fleet with young, high-specification offshore vessels. At the same time, Esnaad’s peers in the Persian Gulf readily describe the company as a “top-notch operator” and tell...






NPCC is now honing up its skills in offshore EPC and expanding its marine fleet THE Abu Dhabi-based National Petroleum Construction Company (NPCC) has steadily marched forward and emerged as one of the leading engineering, procurement and construction (EPC) contractor for offshore and onshore oil and gas sector in the Middle East and North Africa (Mena), Indian sub-continent...






One of the leading EPC companies in Oman, Al Hassan Engineering Company (AHEC) says it has a healthy order book for 2013 DRIVEN by its passion for innovation and delivering best solutions to its customers, Oman-based Al Hassan Engineering Company (AHEC), one of the leading engineering, procurement and construction (EPC) firms in the region, says it is committed to expand its offerings in the sultanate and the entire...






Aside from its value, the Bab ultra-sour gas deal could also give Total a competitive edge in talks for the 2014 renewal of the UAE’s largest onshore oil concession, Adco, on which the Bab field stands FRENCH President Francois Hollande has led a charm offensive in the UAE to try and help oil major Total win a $10 billion deal to operate the strategically important Bab sour gas field...






SAUDI Arabian and UAE refiners are set to compete against India and North Asia in ultra-low sulphur diesel (ULSD) exports as they ramp up production of ULSD via refinery upgrades or new greenfield projects...






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