Abu Dhabi state oil firm Adnoc will integrate the Abu Dhabi Marine Operating Company (Adma-Opco) and the Zakum Development Company (Zadco) in early 2018, Adnoc CEO and Director General Sultan al-Jabir announced on 4 October.
The two companies have around 97% of Abu Dhabi’s 1.3mn b/d offshore production capacity. With significant expansion plans progressing at both, this is set to grow (see charts). They are essential to Abu Dhabi’s plans to increase capacity from its current level of 3mn b/d to 3.5mn b/d by 2018. (CONTINUED - 717 WORDS)
