Efforts by Abu Dhabi to position itself as a leader in the clean energy sector received a boost in early June, when the International Renewable Energy Agency (IRENA) opened its global headquarters in the emirate’s clean tech-focused free zone, Masdar City.
Plans by Abu Dhabi to invest more than $25bn over the next five years to increase offshore oil production capacity look set to secure the emirate’s position as a leading oil producer, amidst a global decrease in oil and gas capital expenditure.
The economic success of Abu Dhabi over recent years, and the growth of its population, has led to rapidly rising demand for power and water. The authorities expect this growth to continue over the next decade, so the emirate has been pushing forward with a range of utility development projects to ensure that supply meets demand. Following reforms in the late 1990s, the...
How is smart grid technology being implemented to develop a more comprehensive method for managing system performance?
The emirate’s aim to increase its output of crude oil from 2.8m to 3.5m barrels per day (bpd) by 2017 and its target of raising recovery rates to 70% are accelerating the long-anticipated development of enhanced oil recovery (EOR). This trend is providing increasing opportunities for international and domestic companies with experience in EOR technology. These...
What can be done to further encourage operating partners to deploy proprietary technologies in their energy production?
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