Back toour markets

Abu Dhabi's Energy Industry

Christophe SASSOLAS

President of Total E&P UAE and Total Country Chair for the UAE

TOTAL

Gas-fired turbines can rapidly compensate for variations in renewable supply.
Read The Full Interview

Abu Dhabi Energy Industry In Figures

UAE oil reserves97.8 billion barrels

UAE oil production3.67 million bopd

UAE gas reserves5.9 tcm

UAE gas production57 bcm

Abu Dhabi’s Energy Industry Growth

Abu Dhabi’s oil and gas industry has rapidly grown on the back of its substantial hydrocarbons potential. The UAE is among the top 10 nations by reserve size despite covering an area of only 84 thousand square kilometres. The Abu Dhabi National Oil Company (ADNOC) is responsible for nearly all the country’s oil and gas production. Given profits and royalties from its oil and gas industry, the country has traditionally poured high levels of investment into its greenfield projects to keep reserves and production on an even keel.

The oil and gas sector is the UAE’s economic axis, representing 40% of its GDP. However, the country has strongly pushed to diversify its economy through its Vision 2030 initiative, including building strong manufacturing and downstream sectors. While non-oil sectors are becoming a more prominent part of the country’s GDP, the hydrocarbons sector remains its key economic pillar and main enabler of diversification.

The UAE is also pushing the growth of renewables in its energy mix. The government has targeted 50% of its power generation coming from nuclear and renewables by 2050. “We now see advanced renewable energy sources increasingly growing their share of the energy mix,” H.E. Eng. Awaidha Murshed Ali Al Marar, chairman of the Abu Dhabi Department of Energy, told The Energy Year. “Nuclear energy is safer than most other sources when it comes to delivering reliable, steady, and stable energy. Its low carbon emissions make it a promising way forward to a cleaner, greener world.”

Abu Dhabi Energy Industry News and Articles

Innovation ups production in Kuwait’s upstream
Interview
Kuwait - April 24, 2024

Tareq Qaddumi, CEO of SPETCO, talks about developing novel solutions for gas processing and expansion plans in Kuwait’s…

READ MORE
Kuwait tenders Al Zour North IWPP contract
NEWS
Kuwait - April 02, 2024

The Kuwait Authority for Partnership Projects has invited bids for the development and operation of the IWPP for Al Zour North.

READ MORE
Growth through diversification in the chemicals sector t_Faisal-MALALLAH
Interview
Kuwait - March 12, 2024

Faisal Malallah of Al Kout Industrial Projects talks about Kuwait's market for chemical products.

READ MORE
ADNOC closes acquisition of 24.9% stake in OMV
NEWS
UAE - March 01, 2024

ADNOC has formally closed the acquisition of a key 24.9% stake in OMV AG, a global energy and chemicals group, from Abu Dhabi…

READ MORE

Abu Dhabi maps

Abu Dhabi Oil & Gas Concession Areas 2019

    ALL MAPS
    DP World, Masdar partner on renewables for ports
    NEWS
    UAE - February 26, 2024

    DP World and Masdar have agreed to partner on exploring and implementing renewable energy systems at DP World's ports.

    READ MORE
    Interview
    Nigeria - April 03, 2023

    Chinedu Maduakoh of Topline talks about the narrative surrounding the Nigerian energy industry.

    READ MORE
    ADNOC to increase efficiency
    NEWS
    Abu Dhabi - January 17, 2017

    Abu Dhabi National Oil Company (Adnoc) at the World Future Energy Summit on Tuesday announced plans to increase energy efficiency by 10% by 2020 in an effort to reduce…

    READ MORE
    GMS wins Abu Dhabi job
    NEWS
    Abu Dhabi - January 04, 2017

    Gulf Marine Services (GMS) on Tuesday announced the award of a three-year charter contract for a mid-size vessel for one of Abu Dhabi’s NOCs, the company said in a…

    READ MORE
    Articles
    Abu Dhabi - December 30, 2016

    This week, we looked back on some of the best companies and projects from 2016. We finish the series with National Iranian South Oil Company (NISOC) and the Republic of…

    READ MORE
    Articles
    Abu Dhabi - December 29, 2016

    Efforts to help local people find work and benefit from their domestic industry are important to governments and to private companies in many oil and gas industry…

    READ MORE
    Articles
    Abu Dhabi - December 28, 2016

    In August 2015, the Italian super-major Eni made the largest gas discovery ever in the Mediterranean. For the third part of our series on the best projects of 2016, we…

    READ MORE
    Articles
    Abu Dhabi - December 27, 2016

    In the second part of our series highlighting the best companies, projects and people of 2016, we look at stand out projects in sour gas, offshore and vertically…

    READ MORE
    Front Puffin FPSO
    Articles
    Abu Dhabi - December 26, 2016

    The Oil & Gas Year covers the international oil and gas industry from the field by interviewing oil industry executives in their markets. During a project, TOGY…

    READ MORE
    BP inks Abu Dhabi concession deal
    NEWS
    Abu Dhabi - December 19, 2016

    BP on Friday acquired a 10% interest Abu Dhabi’s onshore concession managed by Abu Dhabi Company for Onshore Petroleum Operations (ADCO).

    The deal, signed with…

    READ MORE
    Chevron least exposed to OPEC cuts
    NEWS
    December 07, 2016

    Among the word’s major oil companies, Chevron has the smallest share of production in the countries that have said they would reduce production, data from Norwegian…

    READ MORE

     

    WHOSE PLATFORM IS THIS?
    ASK US

    • Do you have a question for The Energy Year about oil and gas?
    • If we know, we’ll tell you.
    • If not, we’ll ask the experts in the field.