UAE: Abu Dhabi Energy Articles & Analysis

Chapter | Energy from The Report: Abu Dhabi 2017

In common with other major energy companies, lower hydrocarbons prices have prompted authorities to carry out streamlining and efficiencies in Abu Dhabi’s energy sector. Against a backdrop of reorganisation and reform, production from the emirate’s oil and gas fields reached record levels in 2016. Currently, Abu Dhabi National Oil Company produces some 3m barrels of oil and 9.8bn standard cu...

While reduced oil prices are undoubtedly a concern for the emirate’s authorities, economic diversification efforts of recent years mean Abu Dhabi is well placed to weather a prolonged period of subdued prices. Vision 2030 meanwhile contains a raft of goals that will further reduce the emirate’s reliance on hydrocarbons, and continue to foster the emergence of a more sustainable and knowledge-based economy in the years ahead.

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In late June the Department of Energy (DoE) announced it had shortlisted 25 companies for a tender to develop, finance and operate a new Dh2bn ($544.6m) desalination facility at the Al Taweelah Power Complex, 45 km north of Abu Dhabi City.

Breaking with tradition, Abu Dhabi has announced it will begin holding open bids for new oil and gas concessions as part of its broader strategy to maximise returns and boost the sustainability of its hydrocarbons industry.

Renewable energy projects both at home and abroad continue to constitute a growing part of Abu Dhabi’s investment portfolio, as the emirate pursues what has long been a central part of its diversification strategy.

 

Renewable energy has quite literally taken off in Abu Dhabi, with the emirate taking centre stage in the first solar-powered flight around the planet, while Abu Dhabi Water and Electricity Authority (ADWEA) received a new world record lowest bid for a solar power generation project. With a new 2050 energy strategy in place at the federal level...

 

New technologies are being deployed across Abu Dhabi’s energy sector to extract as much oil and gas from the sea bed and desert sands as possible to reap the optimum return on investment. However, developing new technologies can be expensive, and in a commercial setting R&D budgets may be the first to be trimmed when the focus is on...

 

Rising demand for cleaner, greener modes of transport is driving the expansion and modernisation of filling stations across Abu Dhabi that increasingly cater to cars, buses and taxis powered by electricity, compressed gas, petrol or diesel. The Abu Dhabi National Oil Company (ADNOC) subsidiary responsible for meeting this demand, ADNOC...