The Abu Dhabi National Oil Company ( Adnoc ) said it has allocated billions of dollars to several mega projects, some of which are underway while others are in the pipeline.
Adnoc said in a statement: "One of these projects involves boosting the production capacity of Adco 's ( Abu Dhabi Company for Onshore Oil Operations ) onshore fields from 1.4 million barrels per day (bpd) to 1.8 million bpd by 2017. This means the comprehensive development of a group of fields and reservoirs, including Asab Field development to increase sustainable production from 290,000 bpd to 340,000 bpd."
Adnoc said their investments include the development of Sahil and Shah fields to increase their production capacity so that Sahel can produce 100,000 bpd instead of its current 55,000 bpd, and Shah's production becomes 70,000 bpd instead of its present 50,000 bpd.
"Likewise, the Jasyoura field is to be developed to accommodate two gas separation lines in a new central plant due to be operational by the end of March 2013," Adnoc said.
Adnoc said it is also developing Adco 's Thammama and Habshan 2 reservoirs to boost production to 80,000 bpd.
"Habshan 1 is also under development, the first package of which is estimated to increase the production by 30,000 bpd by the end of 2014. Likewise, the development of North East Bab fields are expected to increase sustainable production to 230,000 bpd by 2016 (for Rumaitha Field) and by 2017 for Al Dhabiya Field. Development projects will also cover Bida Qamzan field and Bab Gas Compression project," the statement added.
Adnoc said as for oil exports from Fujairah through the Abu Dhabi Crude Oil Pipeline, the transportation of Murban oil is underway since the project was inaugurated.
Adnoc said its unit Abu Dhabi Marine Operating Company (Adma-Opco) is involved in the development of Zakum Lower Field to increase its production by 100,000 bpd by 2016.
"The company is also planning to develop new fields like Razbot and Umm Lulu fields to process, store and ship 105,000 bpd by the common facilities. Additionally, work is underway in Nasr Field which is expected to process 65,000 bpd and the shipment of the crude for final processing , storage and shipping to Das facilities. These projects are expected to increase Adma-Opco's oil production to 970,000 bpd by 2020,|" the statement added.
Adnoc said the Zakum Development Company's development of Upper Zakum Field is one of the biggest ongoing projects. "The projects facilities are to be installed on four artificial islands that are being constructed and connected to the present facilities to increase oil production to 750,000 bpd by 2017," said Adnoc .
It also said production at the new venture — Al Hosn Gas' Shah Field's Sour Gas development project is expected to start at the end of 2014.
Shaikh Hazza Bin Zayed Al Nahyan, National Security Advisor and Deputy Chairman of Abu Dhabi Emirate's Executive Council commended the progress achieved by the UAE's oil and gas sector and the key role played by Abu Dhabi National Oil Company ( Adnoc ) in the country's economy, said Adnoc .
According to the Adnoc statement, Shaikh Hazza expressed his satisfaction with the progress made so far, especially with the Integrated Gas Development (IGD) project and the four artificial islands developed by Zadco to develop the upper Zakum field.