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Abu Dhabi Overview

Abu Dhabi

in figures

UAE oil reserves105 billion barrels

UAE oil production3.99 million bopd

UAE gas reserves5.9 tcm

UAE gas production62.5 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 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 Abu Dhabi ILF
Interview
Abu Dhabi - January 20, 2021

Klaus Schick, managing director of ILF Consulting Engineers, talks to The Energy Year about the pandemic’s impact on the…

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Abu Dhabi players form green hydrogen alliance
NEWS
Abu Dhabi - January 18, 2021

Abu Dhabi investment firms Mubadala and ADQ and state energy company ADNOC have joined together to form an alliance to develop…

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Nabil AL ALAWI.
Interview
Abu Dhabi - January 11, 2021

Nabil Al Alawi, CEO of AlMansoori Specialized Engineering, talks to The Energy Year about the importance of creating an…

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Eni, PTTEP win Abu Dhabi offshore block
NEWS
Abu Dhabi - December 21, 2020

Abu Dhabi’s ADNOC has awarded the first offshore block in the emirate’s second competitive bid round to a consortium of…

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Abu Dhabi Oil and Gas Concessions 2019

Abu Dhabi maps

Oil and Gas Concessions 2019

ALL MAPS
Obaid Abdulla Al Dhaheri, CEO of Dolphin Energy
Interview
Abu Dhabi - December 16, 2020

Obaid Abdulla Al Dhaheri, CEO of Dolphin Energy, talks to The Energy Year about the latest developments in the Dolphin Gas…

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Occidental takes Abu Dhabi’s Block 5
NEWS
Abu Dhabi - December 09, 2020

Abu Dhabi has awarded exploration rights for onshore Block 5 to US independent Occidental, ADNOC announced on Wednesday.

The…

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Abdourazak KONE Emirates Western Abu Dhabi
Interview
Abu Dhabi - December 08, 2020

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…

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ADNOC awards BGP $519-mln seismic deal
NEWS
Abu Dhabi - November 30, 2020

Abu 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…

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Abu Dhabi in 22-billion-barrel oil find
NEWS
Abu Dhabi - November 23, 2020

Abu 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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