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...
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...
While international attention has understandably focused on Abu Dhabi’s considerable upstream energy sector, and increasingly on midstream developments, the emirate is also home to a substantial and growing distribution and retail market. As suppliers to motorists, households, businesses and the transport sector, retailers and distributors play an essential role in the...
The UAE has the world’s seventh-largest proven natural gas reserves, at 215trn standard cu feet (scf), accounting for 3.3% of the global total. The country is also a net importer, as demand is growing. Consumption rose 4.5% in 2013 to 2.45trn scf, considerably more than the 1.97trn scf produced. Demand is being driven by consumption from households and industry, while a...
Given that Abu Dhabi’s economic development strategy puts an emphasis on building value in sectors in which the emirate already has clear competitive advantages, the downstream oil industry is an obvious focus for investment. The country’s biggest refinery has doubled its capacity after a $10bn programme that has brought in contractors from around the world. Despite...
One of the most significant priorities for Abu Dhabi’s energy industry over the coming years will be to increase gas production to meet rising demand from a range of sectors. This also requires substantial investments in gas infrastructure, including in gas processing, transit and import facilities.
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