Abu Dhabi is continuing to move forward with its oil production plans as it chases an ambitious capacity target, a sector that gases are intrinsically linked to and gasworld will address at its forthcoming conference.
The emirate has awarded one of the first deals to produce oil from an undeveloped offshore field in more than four decades.
Paris-based Technip has apparently indicated that it has won a front-end engineering and design (Feed) contract for the first phase of development on the field.
The project on the Nasr field is part of the state’s long-term plan to increase offshore oil production capacity from 1.1 million to 1.75 million barrels per day (bpd) by 2019.
Technip will design the early production facilities – a temporary infrastructure that will produce about 25,000 bpd of crude oil from 33 wells.
Although Abu Dhabi relies on offshore oil production for around 20% of its total output, offshore operator Abu Dhabi Marine Operations Company (Adma-Opco) has not developed a new field for commercial use since the Lower Zakum field came on stream in 1966.
The new project therefore represents the first offshore development in the emirate for decades.
After a lull in contract awards in 2008, Abu Dhabi has now become one of the most active oil and gas project markets in the world.
It will also play host to the next gasworld conference later this year, entitled ‘Industrial Gases – Adding Value to End-Users’.
November’s conference will enable gas and equipment companies to explore how the industrial gas community can benefit the oil and petrochemicals industry at a downstream level, where added value is so sought after.
To be held at the Beach Rotana Hotel in Abu Dhabi on 23rd & 24th November, the gasworld conference will highlight the region’s opportunities for growth and cover a wide range of topics, even asking the question, Can the Middle East be a major metals producer?
With delegates fast signing up and the months fast rolling by, preparations are well underway for both this fourth conference and beyond.
Conference Manager Sharon Sandercock said, “We have previously organised similar conferences in the Middle East, South Africa and South America. The feedback received from delegates has been very positive and the plans for an Eastern Europe Conference in May 2010 are already underway.”