UAE: Abu Dhabi Energy

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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...

 

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 (...

 

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...

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