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 produces some 3m barrels of oil and 9.8bn standard cu...
The Middle East Energy
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While reduced oil prices are undoubtedly a concern for the emirate’s authorities, economic diversification efforts of recent years mean Abu Dhabi is well placed to weather a prolonged period of subdued prices. Vision 2030 meanwhile contains a raft of goals that will further reduce the emirate’s reliance on hydrocarbons, and continue to foster the emergence of a more sustainable and knowledge-based economy in the years ahead.
Oman is seeking to enhance its upstream gas segment to supply growing demand, with major upcoming projects expected to help achieve this goal.
Economic update | Qatar gets serious about solar
21 Apr 2017
With a target of producing 20% of its electricity using solar energy by 2030, a series of public and private investments are driving new developments in Qatar’s solar energy sector.
Interviews & Viewpoints | Majid Jafar, CEO, Crescent Petroleum: Interview from The Report: Sharjah 2017
What are the competitive advantages of Sharjah as a base for regional players in both the upstream and downstream segments?
Articles & Analysis | Environmental projects and investments present opportunities in Sharjah from The Report: Sharjah 2017
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....