Page 13 - MEOG Week 26 2022

MEOG NEWS IN BRIEF MEOG

announced today that it has signed a strategic NAFIS will support a sustainable and diverse February to April 2022. One of these changes
collaboration agreement with the Emirati economy by enabling UAE nationals to play is related to the new floating storage tanker,
Talent Competitiveness Council (NAFIS) to an increasing role in the private sector and which was put in place instead of the previous
accelerate recruitment of UAE talent in the to continue to make a vital contribution in one. This new tanker is certified to be in
private sector, with the aim to create 3,000 advancing the nation’s economic development. the field for several years without the need
additional jobs for UAE nationals in its supply Through tailored initiatives, NAFIS works to for dry-docking for renewal of the vessel
chain by 2025. integrate UAE nationals in existing and new classification and certificate, says Rex.
Through this agreement, ADNOC will step fields within the private sector. The program In addition, the mobile offshore
up its efforts to ensure that companies in its is based on cooperation between the federal production unit (MOPU) was changed out
supply chain are making use of the programs government, local authorities and private as well, together with a full upgrade of the
and incentives offered by NAFIS for hiring sector companies to achieve common interests production facilities on board, so that, the
local talent. ADNOC will also contribute to and to build a stronger and more sustainable new storage tanker and MOPU will be able to
raising the competitiveness of UAE nationals, economy. handle increased production from any new
by encouraging them to take advantage of ADNOC producing wells at the Yumna field.
the opportunities provided by the NAFIS Rex also revealed that an electric
programme. submersible pump (ESP) inside the Yumna
The signing of the agreement was OIL field had an operational issue during the
witnessed by His Excellency Dr. Sultan start-up process following the change-outs
Ahmed Al Jaber, Minister of Industry Masirah to resume and upgrades, adding that the ESP is now
and Advanced Technology and Managing currently operating.
Director and Group CEO of ADNOC, as production in two weeks The company also confirmed that the total
well as His Excellency Dr. Abdulrahman Al oil production from the three production
Awar, Minister of Human Resources and Singapore’s Rex International has revealed wells – Yumna 1, Yumna 2 and Yumna 3 –
Emiratisation. The agreement was signed that its subsidiary, Masirah Oil, is putting the on the Yumna field has steadily increased to
by His Excellency Ghannam Al Mazrouei, wheels into motion to resume production at 4,800 stb/d and is expected to resume at the
Secretary General of NAFIS and Mr a field in the Block 50 concession offshore same production rates as before the upgrade
Abdulmunim Al Kindi, Executive Director of Oman after it was stopped due to oil leakage. of the production facilities.
People, Technology and Corporate Services in The firm is also actively working on securing Moreover, the firm intends to carry out
ADNOC. a rig for its drilling campaign, which is a further review of the ESP performance,
H.E. Dr. Sultan Al Jaber said: “Through scheduled to be carried out later this year. elaborating that a replacement will be
the creation of the NAFIS programme, the Rex International informed on Thursday, considered in conjunction with the upcoming
UAE leadership has demonstrated its strong 23 June 2022, that the production from the drilling campaign in the fourth quarter of
commitment to unlocking opportunities for Yumna field has been shut in since 11 June 2022.
local talent to work and succeed in the private 2022, when a “minor oil leakage” in the In regards to its rig search to secure a
sector. Inspired by this vision, ADNOC is flowline was detected. jack-up drilling rig for this drilling campaign
fully committed to working with NAFIS and The firm explained that retrieval and – development/exploration wells – to be
private corporations in our supply chain to replacement of the flowline are currently conducted in October/November 2022 when
facilitate and promote the matching of UAE underway while production is expected to the monsoon season is over, Rex advised that
talent with private sector opportunities. I be restarted in about two weeks based on the it is ongoing.
warmly welcome this agreement, which “current estimated delivery of equipment/ Masirah Oil holds a 100 per cent interest
is closely aligned to our broader efforts to material and dependent upon weather in the Block 50 concession, while Rex
support the expansion of a dynamic industral conditions during installation operations.” International holds an effective interest of
sector in the UAE, and create new high quality The company further added that “major 91.81 per cent in Masirah Oil.
job opportunities.” change-outs” and upgrades were made to OE
As the UAE prepares for its next 50 years, the Yumna field production facilities from

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