IMG.gif
CORPORATE STRATEGY

Adnoc Pushes Forward Where Others Pull Back

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
companies-Adnoc-technology
  • Abu Dhabi National Oil Co. (Adnoc) is accelerating plans to develop its hydrocarbon wealth, bringing forward a 5 million b/d production target by at least three years.

  • The state oil giant is understood to be exploring a major expansion at the giant Upper Zakum oil field, potentially making it one of the largest projects of its kind.

  • An expansion at Upper Zakum would likely mean another extension to the concession for Adnoc's partners Exxon Mobil and Inpex.

The Issue

Topics:
NOCs, Majors, Conventional Oil and Gas, Upstream Projects, Offshore Oil and Gas
Wanda Ad #2 (article footer)
#
Geopolitical risks are rising globally and spreading even to countries once thought to have rock-solid business environments, such as the UK.
Tue, Sep 27, 2022
Indonesia is hoping that improved fiscal terms and recently introduced incentives will attract foreign investors and lead to an increase in exploration.
Fri, Sep 30, 2022
Their MOU is the latest sign of how Brazil is looking to expand its presence in Asian markets while India works to diversify its oil sources.
Tue, Sep 27, 2022