The Oil & Gas Year (TOGY), in partnership with Abu Dhabi National Oil Company (ADNOC) and the Ministry of Energy and Industry, proudly presents The Oil & Gas Year Abu Dhabi 2019. This eighth edition covers the emirate’s new comprehensive strategy – termed Oil and Gas 4.0 – and key investments as projects and partnerships begin to pick up pace.
ADNOC made history in 2018 by opening its first bid round. The NOC is moving in the direction of becoming an IOC and in doing so has opened up Abu Dhabi to more collaboration with multinationals, including equity partnerships with BHGE, Eni and OMV. The strategy shows that the NOC knows that in order to meet its ambitious target of 5 million bopd by 2030, it will need to harness the power of collaboration over competition.
Looking beyond the upstream, the edition touches upon major themes such as the regional competition to secure market share in petrochemicals, to which Abu Dhabi is responding by building what is slated to be the area’s largest integrated downstream facility at Ruwais. The edition also discusses digitisation drives being spearheaded in the UAE in the private and public sectors, as well as the introduction of new technologies such as inspection drones and digital twins.
Extensive in-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to either expand their operations in Abu Dhabi or enter this dynamic market.