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Over the next five years Abu Dhabi National Oil Company (ADNOC), already one of the world’s biggest energy companies, plans to invest $45bn to become a global leader in the downstream segment, as part of its 2030 growth strategy. Central to this is the development of the Ruwais complex into the world’s largest integrated refining and chemicals...

 

Increasing gas production has been one of the most significant trends in Abu Dhabi’s energy sector over the past decade. Since 2010 annual production has increased by nearly 50% to 3.1trn standard cu feet (scf) in 2017, according to Statistics Centre - Abu Dhabi. The trend reflects the emirate’s increasing efforts to increase the extraction of...

 

Located in one of the driest parts of the planet and with demand for water growing at nearly 9.5% annually, Abu Dhabi’s water supply is a hugely important economic, social and security consideration. The Abu Dhabi government is therefore bringing in international partners to help meet the emirate’s demands.

 

During 2018 Abu Dhabi National Oil Company (ADNOC) has been working to restructure the offshore concessions once operated by Abu Dhabi Marine Operating Company (ADMA). The ADMA assets have been divided into three groups: Lower Zakum, Umm Shaif and Nasr, and Sateh Al Razboot (SARB) and Umm Lulu. A 40% interest in each concession has been...

 

Ports play a central role in the economic development of Abu Dhabi, contributing 3.6% of the emirate’s non-oil GDP in 2017, a value-added contribution of Dh19.6bn ($5.3bn). Closer ties with a number of international partners coupled with the growing needs of a diversifying domestic economy are driving the expansion of the emirate’s seaports,...

 

The UAE continues to spend heavily on its military capabilities, while at the same time pushing to expand its domestic defence-related manufacturing industries, as a means both to better protect its own national security and to contribute to diversifying its economy away from oil and gas.

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