Bullish Adnoc focuses on offshore

The national oil company has begun several large scale projects to return the Emirate to gas self-sufficiency

Abu Dhabi National Oil Company (Adnoc) is making progress in chasing the ambitious oil and gas production capacity targets it set last year, with several major offshore field development projects generating a flood of contracting activity. Tendering is under way for the main engineering, procurement and construction (EPC) packages on the multi-billion-dollar development of two giant shallow-water sour gas fields—the flagship upstream project in a wide-ranging gas sector strategy designed to transform the emirate back from importer to exporter within 10 years. Meanwhile, designs are being prepared for the expansion of Abu Dhabi's largest offshore oil field and for the first phase of developme