Abu Dhabi may inject CO2 in offshore fields to boost output
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon May 28, 2012 2:49 pm



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UAE. Abu Dhabi National Oil Co. may start injecting carbon dioxide instead of natural gas into its offshore fields to enhance oil recovery, according to an official from the company’s Abu Dhabi Marine Operating Co. unit.

“We are looking at CO2 injection offshore,” Ali al- Muhairy, senior vice-president of development at Adma-Opco said at a conference in Abu Dhabi today. “We have tried using natural gas; now we are looking at CO2.” He declined to give a timeframe for the project to start.

Abu Dhabi National, or Adnoc, is looking at ways to reduce the oil industry’s use of the 5 billion cubic feet of natural gas produced daily in the U.A.E. so that the fuel can be used to meeting soaring power and industrial demand. Gas is used to increase pressure inside reservoirs to push more crude out.

Adnoc is working with Abu Dhabi’s renewable energy company Masdar to capture carbon. One plan under consideration is to build a plant next to Emirates Steel Industries PJSC to capture 800,000 tons a year of CO2 from that plant, al-Muhairy said.

“Enhanced oil recovery will have to be a part of sustaining production,” he said. Adnoc is planning to boost output to 3.5 million barrels a day by 2017, from about 2.8 million now, and “we may see more,” al-Muhairy said.

Adma-Opco operates two main fields, Umm Shaif and Zakum.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 20, 2013
UAE. Global game-changer China is set to dominate emerging market attempts to break into international markets and establish global brands, according to new analysis by marketing experts Nirmalya Kumar and Jan-Benedict Steenkamp.
date:Posted: June 20, 2013
SAUDI ARABIA. Foreign investors may apply for such license in accordance with the Shipping Regulations provided that they comply with any other relevant law or bilateral, regional or international treaty to which the Kingdom is a party.
date:Posted: June 19, 2013
INTERNATIONAL. Year-to-date, the gold futures have corrected 18.43% to US$1,367 while the CRB Commodities Index dropped 2.91% and the Dollar Index rose 1.06%.
UAE. Global game-changer China is set to dominate emerging market attempts to break into international markets and establish global brands, according to new analysis by marketing experts Nirmalya Kumar and Jan-Benedict Steenkamp.



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