ADVERTISEMENT


ADNOC

A full production startup of the ADNOC‑operated Umm Lulu and Satah Al Razboot (SARB) fields offshore Abu Dhabi shows an initial capacity of 50,000 B/D, according to partner OMV. This should increase to 129,000 B/D by the end of the year and 215,000 B/D by 2023. In April, OMV was assigned a 20% stake in the offshore concession Abu Dhabi–SARB (including the satellite fields Bin Nasher and Al Bateel) and associated infrastructure, after agreeing to pay a participation fee of $1.5 billion. The duration of the contract is 40 years. SARB and Umm Lulu, respectively 120 km (74 mi) and 30 km (18.6 mi) offshore Abu Dhabi, are both in shallow waters. Early production from Umm Lulu started in 4Q 2016.


STAY CONNECTED

Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.

 

ADVERTISEMENT