The Al Hosn Gas facility recovers sulphur during the treatment of sour gas from the Shah gasfield and is held in partnership between ADNOC with 60% and Occidental Petroleum (Oxy) with 40%.
ADNOC is hoping to put this sulphur to use both in Abu Dhabi and abroad. The company will both expand exports, planning to enter into partnerships in import markets to manufacture fertilisers, and support the development of a local sulphur products industry.
ADNOC believes sulphur production offers the company the opportunity to add value to its resources, improve its margins and diversify the nation’s economy.
Oxy’s CEO announced last week that production at the Al Hosn facility had been increased to 110% of rated capacity and the partners have announced a planned increase of the Shah gasfield’s production by 50%, without a timetable.
The increased productivity of the Al Hosn project is expected to hike Oxy’s cashflow by USD 400 million compared with 2016 figures.
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More
Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More
This website uses cookies.