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Preview TOGY AbuDhabi 2015
Preview TOGY AbuDhabi 2015
9 781783 020928
ISBN 978-1-78302-092-8
2015
www.theoilandgasyear.com
ABU DHABI
A sustainable future
Global connection
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ABU DHABI 2015
Co-Published with:
CONTENTS
In partnership with:
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Oilfield Services
Abu Dhabi is in need of oileld services companies able to locate and develop new hydrocarbons pockets for its numerous large-scale
projects. To achieve these goals services rms
are oering advanced technology, such as seismic surveying and extended-reach drilling,
that target hard-to-reach deposits. Abu Dhabi
is also investing heavily in enhancing the number of rigs available for upstream operations.
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ABU DHABI 2015
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CONTENTS
CONTENTS
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Downstream, Power &
Industry
Six years after the initiation of Abu Dhabis Economic Vision 2030, the global price of Brent crude
fell below $60 per barrel in December 2014. The
government is focused on enhancing the downstream sector to boost economic stability along
with energy security. Further decreasing the UAEs
oil dependence will require the expansion of renewable energy resources and heavy industries,
as well as the integration of plants and facilities.
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Abu Dhabi seeks to prolong the life of its hydrocarbons resource base and looks to projects
that will diversify and enlarge its energy industry. Emphasis is placed on accuracy in project
bids, seeing front-end engineering and design
become clearer and projects more integrated.
Many companies hoping to participate in engineering and construction tenders will upgrade their capabilities to remain competitive.
Abu Dhabi invested heavily in upstream infrastructure since 2006 to increase its hydrocarbons
output. As oil and gas production enhancement
moves oshore, articial islands are under construction in two large elds. Expanded port capabilities have further increased capacity. The
hydrocarbons industry depends more on marine
transport every year, requiring equipment and
training upgrades to ensure people and materials reach their intended destinations eciently.
Publisher: Emmanuelle Berthemet Editor-in-Chief: Gilles Valentin COO: Asl Konyal Regional Director: Jack Miller Country Director: erife Atc Country Editor: Benedick Gibson
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General Manager: Eda Nuholu Director of Global Circulation: Ebru Ak Human Resources: Serra Pelit CFO: Hasan Meric Printing: APA Uniprint Production: Wildcat International FZLLC ISBN 978-1-78302-092-8 E-mail info@theoilandgasyear.com visit www.theoilandgasyear.com Cover: photograph courtesy of the National Marine Dredging Company
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INTERNATIONAL
Exploring knowledge
Extracting intelligence
Refining communication
13
A Sustainable future
H.E. Suhail Mohamed Faraj AL MAZROUEI
Minister of Energy
16 Global connection
H.E. Abdulla Nasser AL SUWAIDI
Director General
ABU DHABI NATIONAL OIL COMPANY
A sustainable future
13
We are
engaging with
international oil
companies that
possess a high level
of technological
prociency in order
to nd ways of
reducing or
replacing the
reinjected gas.
IN FIGURES
Crude production as of
November 2014
3 million bopd
2017 crude production target
INTERVIEW
The UAEs Ministry of Energy works with the Abu Dhabi National Oil Company
(ADNOC) and Abu Dhabis Supreme Petroleum Council to meet production
and distribution targets. Minister of Energy H.E. Suhail Mohamed Faraj Al
Mazrouei talks to TOGY about developing new oil, gas and alternative resources
to ensure long-term sustainability and reinforce the countrys energy security.
INTERVIEW