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Abu Dhabi to complete Zakum project’s construction in 2012

22 Aug 2011

(MENAFN) Abu Dhabi Marine Operating Company’s (Adma-Opco) chief executive, Ali Rashid Al Jarwan, said that by June 2012, offshore work at the Zakum project would be finished, reported Gulf News.

Al Jarwan added that the project upgrading would raise oil production by around 100,000 barrels per day (bpd) from the lower Zakum field, moreover, through the operations; water injection volume would be enhanced.

He also said that in order to increase the company’s crude production to 60 percent by the year 2017 to reach 970,000 bpd, Adma-Opco would upgrade two offshore oil fields, Umm Al Lulu and Nasr with a cost of USD10 billion.

It is worth noting that Abu Dhabi National Oil Company (Adnoc) owns 60 percent of Adma-Opco.

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