Page 11 - MEOG Week 33 2021

MEOG PROJECTS & COMPANIES MEOG
ADNOC to increase capacity at Al Nouf
UAE
STATE-OWNED Abu Dhabi National Oil Co. (ADNOC) has announced plans to raise output at the Al Nouf field in the first expansion state- ment following an OPEC+ deal to boost the UAE’s production baseline reference point.
Last month, the group of producers agreed that the Emirates could raise its baseline in May 2022 to 3.5mn barrels per day (bpd), an increase of 332,000 bpd compared to the current level which is based on October 2018 figures.
With this flexibility in mind, the com- pany announced this week that it would invest $187mn to increase output from Al Nouf from 160,000 bpd to 175,000 bpd by 2024.
Robt. Stone was awarded a 39-month engi- neering, procurement and construction (EPC) contract by ADNOC Onshore to carry out the work.
While the 15,000 bpd increment is small, the UAE already has a production capacity of 4mn bpd, but the Al Nouf plan forms part of a $122bn, four-year programme to increase capacity to 5mn bpd by 2030.
The shallow-water Al Nouf, formerly Al-Dab- biya, is located around 85km south-west of Abu
Dhabi and has been in production since 2005. A 2019 project to install 19 new wells, distrib- uted between two new clusters and three exist- ing clusters, and a water injection facility was also designed to increase output by 15,000 bpd.
In a statement on its social media channels, ADNOC said: “The investment will unlock even greater value from the maturing field and will contribute” to achieving the 2030 target.
It added that the development project would include the drilling of more than 20 wells and increase the use of water and gas injection for enhanced oil recovery (EOR).
The Al Nouf EPC contract is one of a flurry of awards in recent months, worth a combined total of more than $1bn.
It also marks continued success for Robt. Stone in the UAE having been awarded a three- year, $159mn package in May to drill smart wells to “sustain production capacity of 650,000 bar- rels per day (bpd) at ADNOC’s largest onshore asset” Bu Hasa.
The company also won a contract in Q4 2020 to install flowlines and wellhead tie-ins wells at the Bab oilfield.™
ADNOC upstream assets.
Source: ADNOC
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