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Abu Dhabi project activities soar to record highs as Adnoc embarks on multiple expansion plans - Upstream Online

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Abu Dhabi project activities soar to record highs as Adnoc embarks on multiple expansion plans | Upstream Online

Engineering, procurement and construction activity in Abu Dhabi is soaring to record highs as state oil company Abu Dhabi National Oil Company (Adnoc) pushes ahead with an ambitious oil and gas expansion programme.

Abu Dhabi project activities soar to record highs as Adnoc embarks on multiple expansion plans

UAE giant advancing its 5 million bpd oil production capacity target to 2027 on back of improved market fundamentals

25 September 2023 1:01 GMT Updated 25 September 2023 1:01 GMT
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in New Delhi

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Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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