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...
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Articles & Analysis | Technological advances are helping to create new solutions for retailers and distributors from The Report: Abu Dhabi 2015
Articles & Analysis | Although processing is a challenge, sour gas developments are boosting supply from The Report: Abu Dhabi 2015
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...
Articles & Analysis | Growing demand is prompting the need to expand refining capacity from The Report: Abu Dhabi 2015
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...
Articles & Analysis | Investments to enhance gas processing, transit and import infrastructure from The Report: Abu Dhabi 2015
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.
Articles & Analysis | Improving the emirate’s skills base will be key to new developments from The Report: Abu Dhabi 2015
One of the main goals of Abu Dhabi’s development strategy is to increase high-skilled employment among Emiratis, while another is strengthening local research and development (R&D), to boost innovation and value-added. Thus, development of the skills for the hydrocarbons sector is key. Abdul Munim Saif Al Kindy, deputy chairman of the Petroleum Institute (PI), told...
Articles & Analysis | New challenges, particularly offshore, mean greater opportunities for service providers from The Report: Abu Dhabi 2015
Even though substantial new oil discoveries are not expected in the near future, the Abu Dhabi National Oil Company (ADNOC) is working to increase daily production at existing fields. As a result, the company and its partners are focusing on increasing production from existing fields, particularly offshore.