Oil and gas exploration in Abu Dhabi entered a new phase since 2018 as energy companies from North America, Europe and Asia competed in two rounds of bidding for licences to drill and develop onshore and offshore concessions. The use of competitive bidding rounds constitutes a new strategy for Abu Dhabi National Oil Company (ADNOC), as well as...
While the emirate continues to look for ways to increase the value of its onshore and offshore deposits, Abu Dhabi National Oil Company (ADNOC) is also reassessing its role in a changing global economy. The idea that some parts of the world are already experiencing a Fourth Industrial Revolution (4IR), in which artificial intelligence (AI),...
Although much of Abu Dhabi’s wealth may have been built on the sales of its crude oil and refined products, Abu Dhabi National Oil Company (ADNOC) is placing a growing emphasis on the emirate’s reserves of natural gas, some of which are sour or ultra-sour. ADNOC Sour Gas plans to increase production capacity to 1.45bn standard cu feet (scf)...
Abu Dhabi’s energy sector is poised for transformation in 2020 with the anticipated commissioning of the first nuclear energy plant in the Arab world. The Barakah Nuclear Energy Plant consists of four 1400-MW nuclear reactors and is located in the Al Dhafra Region of the emirate. Upon completion, the four units of the Barakah plant will...
Today’s challenging economic landscape has highlighted the attractiveness of the UAE’s safe, reliable and stable business environment. Completing large and complex transactions in a complicated economic and business environment like the one we are all experiencing only demonstrates the continued confidence of the global investment community in...
In what ways is ENEC working to ensure reliable operational expertise to safeguard the long-term benefits of the Barakah Nuclear Energy Plant?
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