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Monday, 17 Mar 2008
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ADMA OPCO to raise output by 50%
Monday, 17 Mar 2008

Khaleej Times reported that Abu Dhabi Marine Operating Company is planning to increase its production capacity in the coming few years by 50% to push the company's potential to 1 million barrel oil per day by year 2019.

Mr Ali Al Jarwan GM of Abu Dhabi Marine Operating Company "It is now in a position to double its gas production to supply the government gas network as part of ADNOC group integrated gas development project." He added that it currently is able to produce 600,000 barrel of oil per day with compliance to both reservoir management best practices and the HSE standard of excellence.

Mr Jarwan said that this is a shift to cleaner energy production, affirming that environment impact assessment was done for all new projects to ensure no negative impact on the surroundings, while design improvement for emission reduction was being considered. He added that "Technology deployment and innovations were integrated elements of Abu Dhabi Marine Operating Company's performance in achieving various milestones related to advances in drilling, installation of facilities and developing crude oil and non associated gas production beside the associated gas."

 

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