Rising demand for cleaner, greener modes of transport is driving the expansion and modernisation of filling stations across Abu Dhabi that increasingly cater to cars, buses and taxis powered by electricity, compressed gas, petrol or diesel. The Abu Dhabi National Oil Company (ADNOC) subsidiary responsible for meeting this demand, ADNOC...
In common with other major energy companies, lower hydrocarbons prices have prompted authorities to carry out streamlining and efficiencies in Abu Dhabi’s energy sector. Against a backdrop of reorganisation and reform, production from the emirate’s oil and gas fields reached record levels in 2016. Currently, Abu Dhabi National Oil Company (...
It has been a time of sweeping changes in the boardrooms and offices of Abu Dhabi’s offshore oil businesses, but on the rigs, platforms and islands, the focus continues to be on increasing the output of oil and gas. The consolidation of Abu Dhabi Marine Operating Company (ADMA-OPCO) and Zakum Development Company (ZADCO), which was announced in...
Under new leadership, Abu Dhabi National Oil Company (ADNOC) is set to become a more streamlined organisation in 2017, as steering groups work through the fine details of two landmark consolidations; the first concerning two offshore oil companies, and the second relating to three shipping and marine services companies. After two years of...
With significant investment and new or renewed international partnerships, production from Abu Dhabi’s onshore oil fields, which are operated by Abu Dhabi Company for Onshore Petroleum Operations (ADCO), the onshore firm of Abu Dhabi National Oil Company (ADNOC), is due to reach 1.8m barrels per day (bpd) in 2018. A further 1.7m is set to be...
The UAE federal government is hoping to attract $100bn in investment in environmental enterprises into the country by 2020. On the emirate level, the Sharjah Investment and Development Authority (Shurooq) estimates the emirate’s environmental market potential at Dh960m ($261.4m) in 2017 and that it will grow to Dh1.13bn ($307.7m) by 2020....
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