Abu Dhabi to boost offshore gas production

Offshore staff

ABU DHABI, UAE – Abu Dhabi is taking steps that should result in increased production of natural gas from its offshore fields.

State-run Abu Dhabi Gas Industries Co. (GASCO) and Abu Dhabi Gas Liquefaction Co. (ADGAS) have awarded about $1.6 billion worth of contracts to develop and expand facilities to boost gas transfer from offshore to onshore as part of the UAE’s plans to meet increasing local demand.

ADGAS, majority-owned by Abu Dhabi National Oil Co., said last year that it planned to increase gas production to as much as 2.4 bcf/d by 2017, up from  the current 2 bcf/d.

02/11/2015

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