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Abu Dhabi Overview

Abu Dhabi

in figures

Oil reserves97.8 billion barrels

Oil production3.9 million bopd

Gas reserves5.9 tcm

Gas production64.7 bcm

Abu Dhabi: Reform and New Partnerships

Abu Dhabi, the largest of the seven emirates, holds total proven reserves of 92.2 billion barrels of oil, making it among the top-10 nations by reserves size. The Abu Dhabi National Oil Company (ADNOC) is responsible for nearly all of its oil and gas production, which stand at 3 million bopd and 277.5 mcm (9.8 bcf) per day, respectively. Abu Dhabi exported 876 million barrels of crude in 2017. Japan receives about one-third of the emirate’s total crude exports. In 2017, Abu Dhabi exported 32.5 million tonnes of refined petroleum products, of which Japan bought 14.2%, followed by the Netherlands, which purchased 12%.

Abu Dhabi was aiming to reach 3.5 million bopd by the end of 2018 and to maintain that level for 25 years. ADNOC will achieve the target through a 300,000-bopd increase in offshore production at Umm Shaif and both the Upper and Lower Zakum oilfields. A further 200,000 bopd will be added by ADNOC’s onshore arm – Abu Dhabi Company for Onshore Oil Operations.

In April 2018, ADNOC kicked off Abu Dhabi’s first licensing round, which closed in March 2019. Four onshore and two offshore blocks, together spanning around 30,000 square kilometres, were on offer. In May 2019, ADNOC announced it would launch a second bidding round offering exploration licences for five blocks, two offshore and three onshore, covering a combined 34,000 square kilometres. The closing date for bid submission was November 2019.

Through its subsidiaries Abu Dhabi Marine Operating Company and Zakum Development Company, ADNOC will invest USD 25 billion between 2015 and 2020. For better management, ADNOC merged its offshore subsidiaries in early 2018 to form ADNOC Offshore.

The Oil & Gas Year Abu Dhabi 2019 is the most up-to-date and comprehensive report on the country’s hydrocarbons industry.  It was produced and published in partnership with the Ministry of Energy and ADNOC.

Abu Dhabi Oil and Gas Concessions 2019

Abu Dhabi maps

Oil and Gas Concessions 2019

ALL MAPS
Zakher Marine jack-up barge tour

Zakher Marine jack-up barge tour

November 13, 2019

At ADIPEC 2019, Zakher Marine International introduces the advanced features of its new jackup…

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Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC)
Abu Dhabi launches 2019 bid round
May 01, 2019

Abu Dhabi’s ADNOC announced on Wednesday the launch of the emirate’s second bidding round, covering five oil and gas exploration blocks.

Three offshore and two…

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April 23, 2019

Ahmed Abdulla, CEO of Borouge, talks to TOGY about the latest progress on the PP5 project in Ruwais, the impact of the Borstar technology and the significance of new…

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April 18, 2019

Guillermo Garcia Alcocer, president commissioner of the Energy Regulatory Commission (CRE), talks to TOGY about the entity’s regulatory objectives and how the sectors…

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April 16, 2019

H.E. Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO of Abu Dhabi National Oil Company (ADNOC), talks to TOGY about the company’s new partnerships with…

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Jorge Neher, a partner at Dentons Cardenas & Cardenas, talks to TOGY about the need for further flexibility from National Hydrocarbons Agency (ANH), why the government…

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Indian majors take Abu Dhabi block
March 25, 2019

Abu Dhabi’s ADNOC has awarded exploration rights for the emirate’s Onshore Block 1 to a consortium of Bharat Petroleum Corporation and Indian Oil Corporation, the…

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