Home to approximately 95% of the UAE’s total oil reserves and 92% of its natural gas, Abu Dhabi is one of the world’s leading hydrocarbons producers. The main player in Abu Dhabi’s oil and gas industry is Abu Dhabi National Oil Company (ADNOC), the largest company in both the emirate and the UAE. While the global Covid-19 pandemic and subsequent steep decline in international oil prices...
UAE: Abu Dhabi Energy
Abu Dhabi is home to the world’s sixth-largest proven oil reserves and is working to achieve self-sufficiency in natural gas. It has been successfully pursuing diversification, particularly in terms of manufacturing, banking and ICT. While the global Covid-19 pandemic and decline in international oil prices poses challenges for the emirate, the fundamentals underpinning its economy remain strong.
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Articles & Analysis | Result of Abu Dhabi's bidding rounds for two exploration tenders from The Report: Abu Dhabi 2020
Oil and gas exploration in Abu Dhabi entered a new phase since 2018 as energy companies from North America, Europe and Asia competed in two rounds of bidding for licences to drill and develop onshore and offshore concessions. The use of competitive bidding rounds constitutes a new strategy for Abu Dhabi National Oil Company (ADNOC), as well as...
Articles & Analysis | How Oil & Gas 4.0 programme will change Abu Dhabi’s energy sector from The Report: Abu Dhabi 2020
While the emirate continues to look for ways to increase the value of its onshore and offshore deposits, Abu Dhabi National Oil Company (ADNOC) is also reassessing its role in a changing global economy. The idea that some parts of the world are already experiencing a Fourth Industrial Revolution (4IR), in which artificial intelligence (AI),...
Articles & Analysis | How the UAE’s first nuclear energy plant will alter the energy sector from The Report: Abu Dhabi 2020
Abu Dhabi’s energy sector is poised for transformation in 2020 with the anticipated commissioning of the first nuclear energy plant in the Arab world. The Barakah Nuclear Energy Plant consists of four 1400-MW nuclear reactors and is located in the Al Dhafra Region of the emirate. Upon completion, the four units of the Barakah plant will...
Articles & Analysis | Will unconventional gas resources ease Abu Dhabi’s reliance on imports? from The Report: Abu Dhabi 2020
Although much of Abu Dhabi’s wealth may have been built on the sales of its crude oil and refined products, Abu Dhabi National Oil Company (ADNOC) is placing a growing emphasis on the emirate’s reserves of natural gas, some of which are sour or ultra-sour. ADNOC Sour Gas plans to increase production capacity to 1.45bn standard cu feet (scf)...
Articles & Analysis | Will new discoveries help Abu Dhabi boost energy production? from The Report: Abu Dhabi 2020
Home to approximately 95% of the UAE’s total oil reserves and 92% of its natural gas, Abu Dhabi is one of the world’s leading hydrocarbons producers and its energy sector is among the most developed. The main player in Abu Dhabi’s oil and gas industry is Abu Dhabi National Oil Company (ADNOC), the largest company in both the emirate and the...
Interviews & Viewpoints | Mohamed Al Hammadi, CEO, Emirates Nuclear Energy Corporation (ENEC): Interview from The Report: Abu Dhabi 2020
In what ways is ENEC working to ensure reliable operational expertise to safeguard the long-term benefits of the Barakah Nuclear Energy Plant?