

Abdourazak Kone, general manager of Emirates Western Oil Well Drilling & Maintenance Company, talks to The Energy Year about how Abu Dhabi’s upstream projects will…
READ MOREUAE oil reserves105 billion barrels
UAE oil production3.99 million bopd
UAE gas reserves5.9 tcm
UAE gas production62.5 bcm
Abu Dhabi, the largest of the seven emirates, holds total proven reserves of 92.2 billion barrels of oil, making the UAE 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 close to 4 million bopd and 277.5 mcm (9.8 bcf) per day.
Oil and gas has been the UAE’s economic axis, representing 40% of its GDP over the last decade. Yet the country is pushing to diversify its economy, building a strong manufacturing sector where metal processing (i.e. aluminium) and chemicals (i.e. fertilisers) have been important areas of growth. This is part of the UAE’s “Vision 2030,” which aims to reinforce non-oil sectors. However, oil still represents around 30% of the country’s exports.
The Energy Year Abu Dhabi 2021 is currently in production, and will provide comprehensive insights on the full scope of the country’s energy industry. Our last report, The Oil & Gas Year Abu Dhabi 2019, is the most up-to-date investment guide on the country’s hydrocarbons industry. It was produced and published in partnership with the Ministry of Energy and ADNOC.
Klaus Schick, managing director of ILF Consulting Engineers, talks to The Energy Year about the pandemic’s impact on the…
READ MOREAbu Dhabi investment firms Mubadala and ADQ and state energy company ADNOC have joined together to form an alliance to develop…
READ MORENabil Al Alawi, CEO of AlMansoori Specialized Engineering, talks to The Energy Year about the importance of creating an…
READ MOREAbu Dhabi’s ADNOC has awarded the first offshore block in the emirate’s second competitive bid round to a consortium of…
READ MOREObaid Abdulla Al Dhaheri, CEO of Dolphin Energy, talks to The Energy Year about the latest developments in the Dolphin Gas…
READ MOREAbu Dhabi has awarded exploration rights for onshore Block 5 to US independent Occidental, ADNOC announced on Wednesday.
The…
READ MOREAbdourazak Kone, general manager of Emirates Western Oil Well Drilling & Maintenance Company, talks to The Energy Year about how Abu Dhabi’s upstream projects will…
READ MOREAbu Dhabi’s ADNOC has awarded a 3D-seismic contract expansion worth USD 519 million to BGP, a subsidiary of China National Petroleum Company.
BGP is represented in…
READ MOREThe UAE has relaxed its rules on foreign ownership of companies set up within the emirates, allowing 100% foreign-held businesses.
The move is seen as a bid to…
READ MOREAbu Dhabi’s Supreme Petroleum Council (SPC) announced the discovery of an estimated 22 billion barrels of onshore unconventional oil resources on Sunday.
The SPC…
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