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...
With its oil and gas resources as yet commercially unviable, Sri Lanka currently imports hydrocarbons to meet the growing needs of its people and industries. However, given the island’s location, industry players are now eyeing the country’s potential as an international centre for refining, storage and bunkering of petroleum products. In the...
Hydropower remains one of Sri Lanka’s top energy generators, and thus water has long been a key, multi-purpose component of the country’s broader utilities portfolio. This vital resource is set for tighter regulation as the country manoeuvres to meet the challenges of economic and population growth alongside climate change. Sri Lanka is also...
With strong economic growth and an expanding population, Sri Lanka faces increasing demand for cost-efficient and clean energy. Similarly, the expansion and modernisation of the country’s cities, towns and villages is also placing higher demands on water and sewerage services, with investment in these vital utilities needed for successful...
Hydrocarbons are a relatively recent addition to Sri Lanka’s energy mix, which has long relied on hydroelectricity for much of its power generation needs. While coal and fuel oil have taken on an increasingly larger role in recent times, the government has also announced several ambitious goals in the field of renewable energy (RE). Mini-hydro...
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