ADNOC 40 Years

Page 1

40 CELEBRATING

YEARS

Growing STRONGER

ADNOC has made significant achievements over the years

SPECIAL REPORT SEPTEMBER 23, 2012


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SPECIAL REPORT SEPTEMBER 23, 2012

CONTENTS EDITORIAL

Executive Editor Patrick Michael Supplements Editor Suchitra Steven Samuel Reporting Farhana Chowdhury

PRODUCTION

Designers Mohammad Ejaz Khan Sidharthan Imaging Venugopal Prabhu

ADVERTISING

Director Advertising Haroon Qureshi Senior Advertising Manager (Supplements) Philip Smith Dubai HeadOffice: P.O. Box 11243, Tel: +971 4 3383535 Fax: +971 4 3383345/46 E-mail: supplements@khaleejtimes.com Abu Dhabi: P.O. Box 3082, Tel: +971 2 6337666 Fax: +971 2 6351122, E-mail: ktimesad@eim.ae Bahrain: Universal Enterprises, P.O. Box 1062 Manama, Tel: +973-17290303 Fax: +973-17293818 Oman-Muscat: United Media Services SAOC, P.O. Box 3305 Ruwi Postal Code 112 Tel: +968 24700896 Fax: +968 24706512, E-mail: alpana@umsoman.com India: Mediascope Publicitas, 51 Doli, Chamber, Colaba, Mumbai 400005, Tel: +91 22 613 77400 Fax: +91 22 22875718, E-mail: representations@publicitas.com Pakistan: Millennium Media, Karachi, Tel: +92-21-35480795 Fax: +92-21-35870242, Email: tauqeermuhajir@gmail.com England: 47, Great Cumberland Place, LondonW1H7 LH Tel: +44 20 7723 5083, Fax: +44 20 7706 4157

A Publication of GALADARI PRINTING & PUBLISHING L.L.C. Courtesy: Text: ADNOC Photos: ADNOC and Getty Images

Drive to meet energy requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Upholding petroleum industry standards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Result of joint endeavours . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dedicated to sustainable development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Making the best of available technologies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Setting up refined operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Creating experts in the domain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Environment a top priority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Recognising efforts and excellence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Striking a balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Consumer-centric at every step . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supporting the UAE economy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Maintaining a privileged position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pumping energy to the industry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Playing a pivotal role in supporting UAE nationals . . . . . . . . . . . . . . . Progressive steps in time . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Logistics solutions providers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Grateful to the wise leadership of the UAE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Partners in growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Local touch with global experience . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Growth engine of the local economy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ploughing back for good . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A thriving partnership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Drive to meet energy requirements ADNOC has made significant achievements in the development and expansion of oil and gas fields

Current ADNOC headquarters in Abu Dhabi

ABU DHABI National Oil Company (ADNOC) was established in 1971 to operate in all areas of the oil and gas industry and since then has steadily broadened its activity to establish companies and subsidiaries and create an integrated oil and gas industry in the fields of exploration and production, support services, oil refining and gas processing, chemicals and petrochemicals, maritime transportation, and refined products and distribution. The Supreme Petroleum Council (SPC), chaired by the President His Highness Shaikh Khalifa bin Zayed Al Nahyan, formulates and oversees the implementation of Abu Dhabi's petroleum policies. During the past four decades, ADNOC has expanded its business activities, enhanced its competitive position and managed to become one of the world’s leading oil companies with substantial business interests in upstream and downstream activities, including transportation, shipping, marketing and distribution. ADNOC’s efforts in the exploration and production field have concentrated on assessing undiscovered reserves and optimising hydrocarbon recovery by improving the reservoir management. Over the last few years significant achievements were made in the expansion and development of gas fields to meet increased demand from industry gas users and gas injection requirements in order to enhance the oil and condensate recovery from the producing fields. ADNOC is committed to

An artist's impression of the new building

sustainable development. In 2009, the company launched the ‘ADNOC Sustainability Performance Initiative’ ensuring a harmonious balance between society’s needs and Earth’s resources, while its track record in Health, Safety and Environment (HSE) sets the standards for the rest of the Arabian Gulf. Giving top priority to education, ADNOC established a number of institutions that train and develop a qualified UAE cadre for the energy sector. The Petroleum Institute, The Glenelg School of Abu Dhabi, the ADNOC Technical Institute, the Achievers’ Oasis and other scholarship programmes are but a few examples of ADNOC’s educational projects. ADNOC has 15 subsidiary companies working in various fields of the oil, gas and petrochemical industry as well as Khaleej Times Special Report SEPTEMBER 23, 2012

crude oil and gas transport and services. They include Abu Dhabi Company for Onshore Oil Operations (ADCO), Abu Dhabi Marine Operating Company (ADMA-OPCO), Abu Dhabi Gas Industries Limited (GASCO), Abu Dhabi Gas Liquefaction Company Limited (ADGAS), Zakum Development Company (ZADCO), Abu Dhabi Oil Refining Company (TAKREER), National Drilling Company (NDC), ESNAAD, Abu Dhabi Petroleum Ports Operating Company (IRSHAD), Ruwais Fertilizer Industries (FERTIL), Abu Dhabi Polymers Company Limited (BOROUGE), Abu Dhabi National Tanker Company (ADNATCO) and National Gas Shipping Company (NGSCO), ADNOC Distribution, ADNOC Linde Industrial Gases Company Limited. (ELIXIER) and Al Hosn Gas.

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Shaikh Sultan bin Zayed Al Nahyan

General Shaikh Mohammed bin Zayed Al Nahyan

Shaikh Mansour bin Zayed Al Nahyan

Shaikh Hamed bin Zayed Al Nahyan

Upholding petroleum industry standards The Supreme Petroleum Council (SPC) handles relevant affairs in Abu Dhabi Shaikh Mohamed bin Khalifa bin Zayed Al Nahyan

Dr Jauan Salem Al Dhaheri, Secretary General

Khalifa Mohamed Khalifa Al Kindi

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THE Supreme Petroleum Council (SPC) was established by Law No. (1) of 1988. As per the said law, the SPC is the highest authority responsible for the petroleum affairs in Abu Dhabi, laying down the emirate’s policy and its objectives in all sectors of the petroleum industry, in addition to issuing resolutions for implementing its policy, and following up such resolutions until the achievement of the aspired results. By its enactment, the SPC has taken over all the responsibilities of the Petroleum Department as well as those of the

Board of Directors of the Abu Dhabi National Oil Company (ADNOC); particularly implementing Law No. (8) of 1978 regarding the Conservation of the Petroleum Resources which stated that all oil operations and relations with the operating companies of those which have concession agreements should be carried out as per the rules of the said law. The Law No. (1) of 1988 has empowered SPC with all authority and power to issue resolutions and follow-up the same relating to petroleum affairs in Abu Dhabi.

His Highness Shaikh Khalifa bin Zayed Al Nahyan by an Emiri decree on June 25, 2011, restructured SPC under His Highness' Chairmanship and with membership of: Shaikh Sultan bin Zayed Al Nahyan General Shaikh Mohammed bin Zayed Al Nahyan Shaikh Mansour bin Zayed Al Nahyan Shaikh Hamed bin Zayed Al Nahyan Shaikh Mohamed bin Khalifa bin Zayed Al Nahyan Mohamed Habroush Al Suwaidi Dr Jua’an Salem Al Dhaheri, Secretary General Hamad Mohamed Al Hur Al Suwaidi Khalifa Mohamed Khalifa Al Kindi Eng. Abdulla Nasser Al Suwaidi

Khaleej Times Special Report SEPTEMBER 23, 2012

Mohamed Habroush Al Suwaidi

Hamad Mohamed Al Hur Al Suwaidi

Eng. Abdulla Nasser Al Suwaidi



Result of joint endeavours The collective effort of specialist subsidiary and joint venture companies that make up ADNOC strive to achieve excellence ABU DHABI National Oil Company (ADNOC) is a major diversified group of energy and petrochemical companies. Its business is about finding, producing and marketing the natural resources on which the modern world depends. The group's activities include exploration and production of crude oil and natural gas, refining, marketing, supply and transportation, and manufacture of petrochemicals. Its integrated upstream and downstream activities are conducted by 15 specialist subsidiary and joint venture companies. EXPLORATION AND PRODUCTION OF OIL AND GAS Abu Dhabi Company for Onshore Oil Operations (ADCO) Oil and gas exploration, production, development and export from onshore oil fields. Abu Dhabi Marine Operating Company (ADMA-OPCO) Oil and gas exploration, development and production from offshore fields. Zakum Development Company (ZADCO) Oil development and production from Upper Zakum, Umm Al Dalkah and Satah offshore fields.

EXPLORATION AND PRODUCTION SERVICES National Drilling Company (NDC) Onshore and offshore drilling ESNAAD Production and marketing of mud chemicals, material handling services, waste management, speciality chemicals blending, operating, chartering or leasing specialised vessels. Abu Dhabi Petroleum Ports Operating Company (IRSHAD) Operating of Ruwais, Jebel Dhanna and other oil ports. CHEMICALS AND PETROCHEMICALS Ruwais Fertilizer Industries (FERTIL) Operation of ammonia and urea plant at Ruwais and marketing its products. Abu Dhabi Polymers Company Limited (BOROUGE) Processing and production of ethylene and polyethylene. ADNOC Linde Industrial Gases Company Ltd. (ELIXIER) Incorporated as an operating company with the objective to provide industrial gases to the oil, gas and other industry sectors in Abu Dhabi and elsewhere in the UAE. MARITIME TRANSPORTATION

OIL AND GAS PROCESSING Abu Dhabi Gas Industries Limited (GASCO) Operation and production of liquefied gas products. Abu Dhabi Gas Liquefaction Company Limited (ADGAS) Production, marketing and export of LNG and LPG. Abu Dhabi Oil Refining Company (TAKREER) Refining of crude oil and condensate, supply of petroleum products,and production of granulated sulphur.

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Al Hosn Gas Development of the Arab A, B, C and D sour gas reservoirs located in the Shah Field onshore of Abu Dhabi and transfer, process, produce and transport the sweet gas, liquid hydrocarbons and sulphur.

Khaleej Times Special Report SEPTEMBER 23, 2012

Abu Dhabi National Tanker Company (ADNATCO) Transportation of crude oil and refined products. National Gas Shipping Company (NGSCO) Shipping liquefied gas products from Das Island. REFINED PRODUCTS DISTRIBUTION ADNOC Distribution Storage, transportation and distribution of refined products.



Dedicated to sustainable development ADNOC is committed to maintaining a harmonious balance between needs and resources SINCE the company’s inception in 1971, ADNOC has been actively laying down the foundations for the UAE’s development by pursuing a series of strategic development and expansion projects across the oil and gas sector in Abu Dhabi. These carefully executed projects have served to launch and uphold the UAE’s respected and globally competitive economy, whilst creating favourable conditions to promote sustainable development and prosperous living. In its pursuit of this objective, ADNOC is constantly searching for opportunities to reduce the environmental footprint of its existing and future projects. ADNOC is proud of its Group Companies’ efforts to reduce the total amount of hydrocarbons flared in 2011

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by almost 76 per cent compared to 1995 levels, despite undergoing considerable expansion in both the nature and scale of operations during this time. The year 2011 also witnessed the registration of ADNOC’s first Clean Development Mechanism (CDM) project under the United Nation’s Kyoto Protocol. The project, undertaken by its subsidiary Abu Dhabi Gas Industries Company (GASCO) in association with Abu Dhabi Future Energy Company (Masdar), delivers on ADNOC’s commitment to improve the energy efficiency and greenhouse gas intensity of its operations, whilst paving the way forward for future CDM projects that are currently under way by its Group of Companies.

Khaleej Times Special Report SEPTEMBER 23, 2012



Empowering the nation for generations to come

Making the best of technology From exploration and development to production, the ADNOC group has been successful in reducing costs and optimising resources EXPLORATION During the past years, ADNOC Exploration and Production (E&P) sector successfully continued its rigorous and environmentally conscious endeavours to optimise hydrocarbon recovery, reservoir management and upgrade exploration opportunities utilising leading technologies. This has been carried out through facilities and infrastructure enhancement projects, expediting progress on gas reservoirs appraisal and development projects, extensive seismic and

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rently conducting several research and development (R&D) projects. Results of these trials can have significant impact on future deep gas exploration and development projects.

National Drilling Company onshore rig

subsurface data gathering, processing and interpretation for both exploration and development purposes. Seismic surveys Several marine, transitional zone and land exploration and development 3D seismic surveys were acquired in Abu Dhabi in the past years using state-of-the-art geometry designs, equipment and geophysical technologies. The E&P sector is also curKhaleej Times Special Report SEPTEMBER 23, 2012

Rig activities National Drilling Company (NDC) is one of the largest drilling contractors in the Middle East, and has over 30 years of experience in the industry. The company’s modern fleet has 10 offshore rigs, and 19 onshore drilling and work-over rigs. There are also six water well rigs operating in the Ground Water Research Project, where NDC is working with the US Geological Survey on two studies to evaluate the ground water resources of Abu Dhabi and Al Ain.

DEVELOPMENT ADNOC’s oil and gas fields were developed extensively between 2000 and 2007. Major oil development programmes

were implemented mainly in the existing producing fields to expand production facilities and achieve the target of the 25year plateau production rates. Optimising the progress within the existing fields maintained the production rate and helped to derive cost advantages by improving the use of existing facilities and infrastructure. Significant achievements were made in expanding gas development fields to meet increased demand from industry gas users and gas injection requirements in order to enhance oil and condensate recovery. Development drilling Between 2000 and 2007, development drilling activities continued at a peak level, both in the onshore and offshore areas, and concentrated mainly on the drilling of development wells in major oil and gas producing fields. A total of 8.6 million feet was drilled during this period. Improvements in drilling performance were vigorously sought for most types of wells, with major achievements



recorded in horizontal drilling operations. During the last five years, nearly 1,000 wells have been drilled and worked over in onshore and offshore fields. The introduction of Drilling Technical Limit (DTL) concept in drilling and work over operations has improved efficiency and reduced cost by 35 per cent and 25 per cent, respectively. Oil developments — Onshore Major onshore oil developments during the five-year period includes the implementation of the Water Alternating Gas (WAG) process for the first time in the Gulf area to obtain maximum production while sustaining the reservoir pressure. The oil and gas development comprises a central processing plant, clusters of wells and gas injection wells, a network of underground flow lines, transfer pipelines, and a new transfer line from North East Bab (NEB) field to Habshan. The supporting infrastructure facilities include an administration building, accommodation complex, recreation facilities, landscaping and roads, together with power transmission lines and a water supply pipeline. Enhanced methods for oil fields development offshore Evaluation of new production enhancement methods using gas injection are implemented over the last five years include Umm Shaif field crestal gas injection, Upper and Lower Zakum fields' pilot gas injection, Umm Al Anbar

Fujairah–Habshan crude oil pipeline is a strategic project initiated by the Rulers of the country flared sour gas re-injection, and Bunduq associated gas injection projects. Gas developments — Onshore During this five-year period, major onshore gas development projects, designed to develop Abu Dhabi’s natural gas resources, were completed on schedule. These include Asab Gas Development (AGD) and Onshore Gas Development Phase-II (OGD-II). Asab Gas Development The project was completed and commissioned in April 2000. This project is designed to produce natural gas from the Asab field reservoirs and extract the condensate. The separated and dehydrated gas is recycled into the two gas producing reservoirs. AGD comprises drilling gas producers and gas injectors, gas pipelines and processing facilities for condensate recovery, and a compression station to recycle the dried gas. The produced condensate is pumped through a new pipeline to Ruwais refinery. Onshore Gas Development Project Phase II (OGD-II) This was completed and commissioned in April 2001. This is designed to produce dry sweet gas and condensate from

GASCO

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Khaleej Times Special Report SEPTEMBER 23, 2012

the three reservoirs at Bab field. OGD-II comprises drilling gasproducing wells from non-associated gas reservoirs, and the installation of a new plant within the existing OGD-I premises. This plant has facilities for gas processing and condensate stabilisation. The dry sweet gas supplies ADNOC’s gas pipeline network, while the condensate is pumped into Ruwais refinery. Asab Gas Development Project Phase II (AGD-II) The Front-end Engineering Design (FEED) phase for AGDII was launched in 2003. The objective is to continue the development of the facilities at AGD-I. AGDII will mainly involve recovery of NGL from the 743 million standard cubic feet per day (mmscfd) of sour, rich gas that is presently processed at AGD-I, and injected into the wells in the Asab area. Onshore Gas Development Project Phase III (OGD-III) Following the successful commissioning of OGD-I in 1996 and OGD-II in 2001, the Front-end Engineering Design (FEED) phase for OGD-III was launched in 2003. The main objective is to generate additional revenues from increased production of both condensate and NGL. The feed gas for the new OGD-III plant would be

sourced from Thamama F reservoir of the Bab field. Associated facilities include a gas gathering system, two condensate separation and stabilisation trains, two gas treating trains, two NGL recovery trains, and four re-injection compression trains. OGD-III and AGD-II expansion projects The condensate produced by OGD-III would be routed to TAKREER (Ruwais) for fractionation and export. The existing condensate storage facilities at the refinery would be expanded. Likewise, the NGL from both OGD-III and AGD-II would be routed to GASCO (Ruwais) for treatment, fractionation and export. This plant would also be expanded and designed with capability to produce additional ethane as feedstock for the planned increase in polyethylene production by Borouge petrochemicals plant. The expected recovery of 4,800 tonnes per day of ethane would support a cracker of 1.4 mtpa capacities. A new pipeline system would be installed to transport NGL and condensate to Ruwais. After completion of the project, the gas processing capacity at the Habshan complex increased to 4,500 mmscfd, making it one of the largest gas complexes in the world. Gas developments — Offshore The ongoing Offshore Khuff Gas Development (OKGD) project involves the installation of new gas facilities to gather and export Abu Al Bukhoosh


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Khuff gas to various applications via the Umm Shaif super complex. This will compensate ADGAS’s currently used GGII associated gas and help augment the gas supply to Umm Shaif Uweinat reservoir for pressure support, and the Lower Zakum crestal gas injection project to enhance oil production. It was commissioned in December 2005. Gas field development studies were completed in 2003 to evaluate the gas asset and production potential of two major reservoirs in the Khuff ABK and US fields. An additional preliminary study was completed in 2004 to develop the Mubarraz Arab gas condensate reservoir. In addition, a feasibility study for exporting offshore Khuff gas onshore for injection into Bab field (OGEP) is in progress.

PRODUCTION During the past years, continued emphasis was placed on sustaining the integrity of production facilities through improved maintenance and upgrading production and injection facilities. Particular importance was given to the long-term integrity of managing key production assets to identify and mitigate risks associated with the use of old equipment. Production operations for crude oil, water and gas injection, and gas supply were performed safely and efficiently to meet all targets, including increased export demand. Oil operations A number of major projects, designed to increase ADCO’s production capacity to 1.4 mmbpd by 2005-2006, have been completed. These include expanding production facilities at Bab and Huwaila fields, and upgrading production facilities at Bu Hasa and Asab/Shah fields. Previously, ADCO awarded Snamprogetti the Engineering,

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Continued emphasis is being placed on sustaining the integrity of production facilities

Procurement and Construction (EPC) contract for the Bu Hasa Facilities Development Project at Bu Hasa Field, with total plant capacity of 730,000 barrels per day (bpd). The project utilises latest technology in Supervisory Control and Data Acquisition (SCADA), automation, and flare minimisation to enhance operability and meet environmental guidelines. ADCO signed a contract with JGC Corporation of Japan for the construction of a new Central Degassing Station (CDS), as part of the Bab Expansion Project. This will comprise two trains, both including first and second stage separation, crude heating, hydrogen sulphide stripping, water separation, and associated utilities. Prior to that, new effluent

ESNAAD Khaleej Times Special Report SEPTEMBER 23, 2012

water disposal and oil dehydration facilities were commissioned on Zirku Island. Two major offshore projects were also introduced to upgrade gas injection facilities in Zakum and Umm Shaif fields. The planned reorganisation of the Zakum site was implemented a year before. Gas operations Abu Dhabi’s production of associated and non-associated gas from the main fields has increased annually over the past five years to meet growing demand. Gas injection programmes for the pressure maintenance of oil and gas reservoirs continues. Gas supplies to the Natural Gas Liquid (NGL) plants at Asab, Bab, Bu Hasa, Habshan and Ruwais,

the LNG plant on Das Island, and the condensate plant at Ruwais, increased between 2000 and 2004. All gas supply requirements were fully satisfied with respect to power generation, water desalination and Abu Dhabi’s other industries. In support of the Bab Oil Expansion Project, a conceptual study has been underway to expand the crude oil production capacity of the Bab Crude Degassing Plant. Support operations In 2002, a new E&P support services company — ESNAAD — was formed through the merger of Abu Dhabi Drilling Chemicals and Products Limited (ADDCAP) and National Marine Services Company (NMS). The new company, wholly owned by ADNOC, provides comprehensive and integrated support services to offshore oil and gas companies. Services include berthing, bunkering, bulk supplies, warehousing and waste disposal, augmented by a fleet of specialised marine vessels, including firefighting tugs. A grinding plant produces a range of mud chemicals including barite, bentonite and attapulgite, while a blending plant supplies drilling and production chemicals such as corrosion, scale and wax inhibitors, bactericides and de-emulsifiers. All materials conform to ISO and API standards. Abu Dhabi Petroleum Ports Operating Company (ADDPOC), which was established in 1979, was renamed IRSHAD in 2002. The company provides maintenance to offshore loading terminals, subsea equipment, and navigation aids. IRSHAD operates its own fleet of more than 40 vessels, including tugs, pilot boats, a dive support vessel, and a maintenance barge with a 20 ton hydraulic crane. In 2001, the company was certified by the International Safety Management System (ISM Code).



Setting up refined operations Key developments of ADNOC have garnered accolades for its various achievements OIL REFINING ADNOC’s refining operations have undergone major expansion to keep pace with increasing regional and international demand. The Abu Dhabi Oil RefiningCompany(TAKREER) was established in 1999 to take over responsibility for all of the group’s refining operations. The scope of activities of the Ruwais and Umm Al Nar refineries include refining crude oil and condensate, supply of petroleum products in compliance with domestic and international standards, and sulphur granulation. Key developments In 2000, two new worldclass condensate splitters with a total design capacity of 280,000 barrels per stream day (bpsd) were commissioned at the Ruwais refinery, more than doubling the refining capacity to over half a million barrels a day, and making ADNOC one of the region’s biggest operators. The addition of processing trains for naphtha distillation, kerosene sweetening, and Liquefied Petroleum Gas (LPG) dehydration amine sweetening, supported the group’s ob-

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A TAKREER facility in Al Ruwais

jective to add value to its resources by exporting finished products as well as crude oil and condensate. In 2001, a major project to convert the bulk of gasoline production to unleaded gasoline was implemented, in anticipation of the UAE Government’s policy to phase out leaded gasoline. The project was successfully completed on time, enabling the ‘UAE Goes Green’ conversion programme to start on January 1, 2003. Also in 2001, completion Khaleej Times Special Report SEPTEMBER 23, 2012

took place of the expansion of the Sulphur Handling Terminal (SHT), where liquid sulphur is granulated and shipped through a separate jetty. SHT receives sulphur removed from gaseous and liquid hydrocarbons from Umm Al Nar and Ruwais oil refineries, the GASCO NGL plant, and the ADGAS Liquefied Natural Gas (LNG) plant at Das Island. The expansion is expected to result in an increased SHT capacity from 4,250 tonnes per day (tpd) to 6,250 tpd. In 2002, the

latest expansion of the General Utilities Plant (GUP) at Ruwais refinery was successfully tested and commissioned. This involved the addition of four gas turbines and two water desalination units. GUP was initially intended to operate on an ‘island’ basis, supplying power and utilities to plants in Ruwais Industrial Area only. In 2000, TAKREER and the Abu Dhabi Water and Electricity Authority (ADWEA) signed a Memorandum of Understanding (MoU) to interconnect its electrical grids and exchange power in the future. Since 2001, total power of over 1.7 million mw/hour has been generated, while total water production exceeded 10.6 million cubic metres. GUP is now called upon to supplement the power requirements of the National Grid in the Western Region of the country. In 2003, work commenced on the replacement of the existing Sulphur Recovery Unit (SRU) at the Ruwais refinery. It will be based on a combination of the Claus process and BP AMOCO Cold Bed Absorption (CBA) technology. The new SRU, which will have a working life of 30 years, will incorporate latest global industry standards and improved design concepts, providing a sulphur recovery efficiency greater than 99 per cent, totally complying with ADNOC environmental guidelines. A revamp of the Hydrocracker Unit at Ruwais has been underway, designed to in-



crease the current capacity of 120 per cent to 135 per cent of the original design, and to debottleneck existing constraints in the Hydrocracker Unibon and associated units, and enhance safety and reliability. Phases I and II of Takreer’s Profit Improvement Programme (PIP) have been successfully completed, resulting in savings to date of over $37 million. This programme has been designed to identify and implement profit improvement opportunities in areas such as throughput maximisation, energy optimisation, yield improvement and oil loss at Ruwais and Umm Al Nar Refineries. Gas processing UAE’s natural gas reserves are estimated at over 200 trillion cubic feet, the fifth largest in the world after Russia, Iran, Qatar and Saudi Arabia. The largest reserves are located in Abu Dhabi, where the non-associated Khuff natural gas reservoirs beneath Umm Shaif and Abu Al Bukhoosh oil fields, rank among the world’s largest. I n c rea s e d do m es t i c consumption of electricity and growing demand from the petrochemical industry have provided incentives for the UAE to increase its use of natural gas. Consumption has doubled in Abu Dhabi over the last decade. ADGAS Abu Dhabi Gas Liquefaction Company (ADGAS) is a pioneer in the region’s gas liquefaction industry and was established in 1973, to effectively end the era of associated gas flaring. The company processes both associated and non-associated gasses at its three production trains on Das Island to produce over eight million tonnes of liquefied natural gas (LNG), liquefied petroleum gas (LPG), Paraffinic Naphtha and sulphur annually. In 2007, ADGAS celebrated the 30th anniversary of its first shipment of

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An offshore facility of ADGAS

LNG from its plant at Das Island and has firmly established itself as a solid and reliable sulphur provider amongst its global customers. Over the past 30 years, ADGAS has achieved sales of over 140 million tonnes of LNG and LPG. The majority of these sales represent ex-ship deliveries made to Tokyo Electric Power Company (TEPCO) under a long-term sales and purchase agreement (SPA). A new SPA with TEPCO was signed in 1993, extending the contract for a future period of 25 years until 2019. Master agreements and SPAs have also been signed with Shell,

A FERTIL plant in Al Ruwais Khaleej Times Special Report SEPTEMBER 23, 2012

BP, SCMS, TOTAL, Gas Natural, IBERDROLA, Qatar Gas and KOGAS. ADGAS continues to build its impeccable safety record, setting high standards and remaining dedicated to achieving and surpassing its targets. As of September 2007, ADGAS and its contractors have achieved over 30 million consecutive man-hours without any lost time injury (LTI). GASCO In 2001, Abu Dhabi Gas Industries Ltd (GASCO), incorporated in 1978 for processing onshore gas directly associated with oil production, was

merged with Abu Dhabi Gas Company (ATHEER), established in 1999 to handle ADNOC’s sole risk onshore gas operations. This successful merger led to the creation of one of the largest gas processing companies in the world. The process of fully integrating the onshore gas operations will be continued in 2004, with the transfer to GASCO of the Asab gas plant operations currently handled by Abu Dhabi Company for Onshore Oil Operations (ADCO).

PETROCHEMICALS One of the dominant industries of the developed world, petrochemicals is a driving force economic growth and industrialisation in developing countries. This is particularly the case in the Arabian Gulf, where there are abundant supplies of oil and gas. In Abu Dhabi, ADNOC’s fast-growing petrochemicals activities include the production of ammonia and urea, as well as polyethylene. These activities are helping to diversify the emirate’s economic base, creating employment opportunities for the UAE nationals, and supporting the government’s privatisation policies by promoting downstream industry linkages. FERTIL Incorporated in 1980 as a joint venture between ADNOC and Total-CFP, FERTIL was the group’s first petrochemicals venture, starting commercial production in 1983. The complex consists of a 1,050 mt/day ammonia plant and a 1,500 mt/day urea plant. FERTIL currently exports approximately 90,000 tonnes of liquid ammonia, and more than 645,000 tonnes of urea (bulk and bagged) every year. The plants have consistently operated above designated capabilities, and a feasibility study for expansion of the complex is currently being carried out.



BOROUGE Part of ADNOC’s petrochemicals diversification strategy, Abu Dhabi Polymers Company Ltd (Borouge) is a joint venture between ADNOC and Austria based Borealis. The $1.2 billion complex in Ruwais was commissioned in 2001, and includes a 600,000 tpa ethane cracker and two 225,000 tpa polyethylene plants capable of swing production of bimodal linear lowdensity polyethylene (LLDPE) and high-density polyethylene (HDPE). The first shipments of liquid ethylene and polyethylene took place in 2002. The complex incorporates Borealis state-of-the-art proprietary Borstar technology. The polyethylene grades produced are substantially stronger, and also more easily and economically processed than conventional materials. Borouge’s products are used for the manufacture of plastic film and moulded packaging for industries such as pharmaceuticals, food and beverages, cosmetics and chemicals. They are also suitable for the manufacture of high-pressure pipes used in agriculture, mining, water, gas and sewage distribution, as well as coating for steel pipelines. Borouge has established an extensive sales and marketing network. Offices are located in Abu Dhabi, Singapore, Guangzhou, Beijing, Shanghai, Mumbai and Beirut, together with representatives in Australia, New Zealand, Egypt, Pakistan, Taiwan, Vietnam and Thailand. Borouge and Borealis combine sales and marketing activities in Middle East and Asia Pacific, while Borouge now oversees the marketing of the entire Borealis range of polyolefins in the region.

was completed for the proposed Ruwais-Shweihat pipeline to supply 670 MMSCFD of gas to the new power and desalination plants of Abu Dhabi Water and Electricity Company. Tankers ADNOC has two maritime companies that specialise in the transportation of crude oil, refined products and liquefied natural gas.

A Borouge facility of pipeline, which are constantly upgraded and expanded to keep pace with increased production and supply demand. Currently, a major development is the TAKREER inter-refineries pipeline project for product transfers between Ruwais, UAN and the ADNOC Distribution depot at

Mussafah, which forms a critical element of the OGD-II and AGD-III projects. Other recent projects include the commissioning of the new Bab-Umm Al Nar crude oil pipeline, and the main oil line from Total ABK to Das Island. In addition, the Front-end Engineering and Design (FEED) project

TRANSPORTATION Pipelines The main oil and gas producing fields of ADNOC are linked by over 800 kilometres

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An LNG vessel operated by NGSCO Khaleej Times Special Report SEPTEMBER 23, 2012

Crude oil and refined products ADNATCO specialises in the transportation of crude oil, refined products, petrochemicals and molten sulphur, both for ADNOC and other major oil companies. The company also provides logistical support and advice on shipping, and manages the group’s offshore bunker supply ships. In 2001, the company diversified into dry cargo transportation using Ro-Ro ships to transport polyethylene for Borouge. In 2002, ADNATCO achieved ISO 14001 environmental preservation accreditation, while in 2003, an e-management project was launched for the whole fleet. This is designed to reduce costs, save time and space, improve performance and protect the environment. Liquefied Natural Gas NGSCO (National Gas Shipping Company) is the demise owner and operator of eight specially constructed LNG tankers, and is considered one of the largest gas shipping companies in the world. The capacity of vessels is about 137,500 cubic metres (62,000 metric tonnes) each and lay among the largest and most technologically advanced in the world. In 1999, NGSCO became one of the first shipping companies in the world to achieve ISO 14001 environmental preservation accreditation, having previously achieved ISO 9002 certification in 1997.



The Petroleum Institute (PI) provides academic programmes leading to Bachelor’s and Master’s degrees in various engineering fields

Creating experts in the domain With strong focus on quality education, ADNOC has set up institutes and programmes to mould UAE citizens to contribute to the oil and gas industry ADNOC Scholarship Programme ADNOC started its scholarship programme in 1974, to assist UAE nationals achieve educational goals and to meet the needs of the oil industry, a vital sector of the national economy. The ADNOC Scholarship Programme sends high school graduates to pursue their postsecondary education in reputed academic institutions around the world. Choice of school is based on an objective selection process that evaluates each school's academic

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competitiveness. The aim of the scholarship programme is to encourage promising young UAE nationals to specialise in the various technical disciplines essential to the oil and gas industry. The programme started sending scholars to study in the US and the UK for undergraduate stud-

ies in a variety of engineering and applied science disciplines, in August 1974. The first graduating class of 10 students was in 1979. Between 1979 and 1994, the scholarship programme produced 325 graduates. In 1999, ADNOC had 453 students, both men and women, studying in

ADNOC Technical Institute (ATI) trains UAE nationals and operators in the oil and gas industry Khaleej Times Special Report SEPTEMBER 23, 2012

UAE University, the Higher Colleges of Technology (UAE) and educational institutions in the US, UK and Australia. Today, a few hundred students study in undergraduate and postgraduate programmes, in various parts of the world. Together, ADNOC is preparing a more specialised, more competitive and highly professional team for the oil and gas industry. Petroleum Institute (PI) Launched in 2000 under an Emiri decree and in collaboration with the Colorado School of Mines, the Petroleum Institute (PI) aspires to: • Provide academic programmes leading to BSc degrees in various engineering fields including chemical, electrical, mechanical, petroleum and petroleum geosciences engineering. • Foster the creation of knowledge that benefits the regional oil and gas industry.



• Operate as a leading international educational and research centre for the oil and gas industry in partnership with the best engineering and science universities in the world. • Provide continuing education opportunities to professionals in the oil and gas industry. It is funded by ADNOC and its international partners, namely BP, Japan Oil Company, Shell and Total. The PI graduated the first group of engineers in summer 2006 and witnessed the enrolment of the first female students in the fall of the same year that graduated in 2011/12 as the first batch of female graduates from the institute. ADNOC Technical Institute ADNOC Technical Institute (ATI) was established in 1978 to offer training programmes that meet the needs of ADNOC and its group companies for skilled national manpower and to identify young UAE nationals with a potential for upward mobility. Since its establishment, the ATI has trained hundreds of technical staff in different disciplines. ADNOC Group Companies assist the ATI by providing job instructional training (JIT) opportunities for trainees in relevant areas within each company’s operational sites. These JIT sessions provide the trainees with invaluable experience in the field and environment in which they will eventually work. ADNOC Technical Institute (ATI) is a "vocational training" institute to train UAE nationals and operators in the oil and gas industry. Glenelg School of Abu Dhabi The Glenelg School of Abu Dhabi opened admissions for grades 7, 8, 9, 10 and 11 in September 2008 in collaboration with the Glenelg Country School in the US. The Glenelg School of Abu Dhabi prepares

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Shaikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Gharbia region, inaugurated the new campus of Glenleg School — Abu Dhabi (GSAD) in Madinat Zayed, Western Region (Gharbia)

graduates for admission to English-speaking universities of the highest standing throughout the world. The benefits of a world-class education, available for UAE nationals and expatriate students, at the Glenelg School of Abu Dhabi: • Advanced Placement (AP). Honour classes in all aca-

demic disciplines including Mathematics, Physics, Chemistry, Biology, English Literature, History, Art, Geography, Arabic, Islamic Studies, German Language, Economics, and Computer Science. • Highly qualified and experienced teachers. • Small size classes (average

The Glenelg School of Abu Dhabi prepares graduates for admission to English-speaking universities of the highest standing throughout the world Khaleej Times Special Report SEPTEMBER 23, 2012

of 20 students per class). • Strong commitment to academic and college counselling. • Programme delivered in English, based on the highest quality independent schools and tailored to UAE culture. • Two newly constructed buildings, one for men and one for women. • State-of-the-art facilities includes: º University-level equipped biology, chemistry and physics laboratories º Computer labs, wireless network throughout the school º Art and music facilities, video production, two 400-seat auditoriums º Well-resourced libraries º Swimming pool, gymnasium, sports hall, tennis courts and football fields. Achievers Oasis Programme The Achievers Oasis Programme, which was established by ADNOC in 2002, has proved its success in motivating young nationals to join ADNOC’s Petroleum Institute where they could join ADNOC and its group of companies’ scholarship programme in the fields of engineering, exploration, production and management. The programme stipulates that the student should score an average marks of 80 per cent to be accepted and should continue to maintain such marks or above through the duration of the course. Fulfilling this criterion, the student will be eligible to join the Petroleum Institute. The Achievers’ Oasis Programme student is given a stipend, while outstanding students are rewarded with bonuses and incentives. Students learn computer and English language courses during summer to polish their skills and prepare for a better future.


Congratulations! AGR congratulates ADNOC on their 40th anniversary. We are proud to be associated with ADNOC. AGR is a global service and technology company. Our track record inspires confidence: 400 wells in ten years. 1000 reservoir studies in five years. 500 wells benefitting from our Enhanced Drilling Solutions. Experience is essential when it comes to ensuring projects run as smoothly as possible.

www.agr.com


Environment a top priority ADNOC works closely with MASDAR to ensure clean technology throughout its group of companies IN a bid to protect the environment and monitor Greenhouse Gases (GHG) emissions within the ADNOC Group of Companies, ADNOC initiated the Clean Development Mechanism (CDM) to ensure that all related projects are timely developed and the corresponding physical projects efficiently implemented. The Kyoto Protocol, an international agreement adopted by the United Nations, targets six GHGs — Carbon dioxide (CO2), Methane (CH4), Nitrous oxide (N2O), Perfluorocarbons (PFC), Hydrofluorocarbons (HFC) and Sulfur hexafluoride (SF6) — which are measured in terms of tonnes of CO2 equivalent (global warming potential). The CDM allows the investment in GHG reduction proj-

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Masdar Institute Campus, Masdar City

ects and the trading of the resulting emission reductions. ADNOC and Abu Dhabi Future Energy Company (MASDAR) work together to assess the CDM potential at ADNOC, and identify and develop the reasonable CDM projects at ADNOC’s operating companies. One of three mechanisms for trade in emissions reductions is the project-based emission reduction, which is related to the petroleum sector with great potential. The rules and procedures determined by the Kyoto Protocol and subsequent decisions are investment additional to “business-as-usual”, provide real and measurable emission reductions but should be registered by the United Nations. Currently, some of 1,800 projects are publicly known. According to Eng. Abdulla Nasser Al Suwaidi, Director General of ADNOC, the organisation is committed to producKhaleej Times Special Report SEPTEMBER 23, 2012

ing clean energy, proved through the availability of unleaded low sulphur gasoline in all its petrol stations around 2006 followed by its recent introduction of low sulphur diesel (10 ppm green diesel) in 2010. ADNOC Distribution also introduced a pilot LPG filling station for cars converted to Compress Natural Gas (CNG), where the full-scale adoption of this scheme depends on the results of its evaluation. ADNOC strives to minimise the emissions in its onshore and offshore sites. This includes its drive to set an aggressive, voluntary plan, for emissions/carbon dioxide mitigation includes reviewing of energy efficiency, reducing hydrocarbon flaring and CO2 capturing. ADNOC successfully reduced gas flaring in onshore and offshore fields by about 84 per cent between 1995 and 2006, which was achieved

by applying new technology in the operations, replacing/repairing some valves, applying pilots zero gas flaring, etc. ADNOC reviews the energy efficiency such as fuel, electricity and streams to understand how energy is being wasted and identifies efficiency improvement, resulting in saving energy in the selected field perplant by 30 per cent through modifications. It also implements surface and down hole studies for CO2 recovery from flue, sour and acid gases for the following objectives: • Injecting CO2 in sour oil reservoir • Enhancing oil recovery • Utilising the lean sweet gas, which is currently injected for alternative use • Reducing greenhouse gas to atmosphere • Converting ammonia and enhance urea production • Trading CDM credits under Kyoto Protocol rules


40th Anniversary of ADNOC September 2012 - A Special issue by Khaleej Times copy.pdf 1 8/23/2012 2:31:06 PM

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An Enduring Partnership‌

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We have repaired and refurbished several drilling rigs including Rig Delma recently, for National Drilling Company, a venture belonging to the ADNOC Group of Companies. We are proud to be an active partner with ADNOC in serving the offshore oil and gas industry and contributing to the economic growth of this great nation.

Congratulations to ADNOC on thier 40th Anniversary

Offshore & Engineering I Ship Repair & Maintenance I Ship Building & Conversion I Shipping & Chandlery I Maritime Clusters I Yacht Repair P.O. Box 8988 Dubai, UAE

Tel: 009714 345 0626 Fax: 009714 345 0116



JUDGING CRITERIA Each submission is judged on the criteria outlined below. The maximum score that can be achieved is 100. Each submission is scored separately by four different judges. The geometric mean of the four judging scores is used to determine the ranking of each submission : Quality of Submission (maximum of 10 points) • • • • •

Performance Enhancement (maximum of 25 points)

Al Hosn Gas receives the Innovation Award for 2011

Recognising efforts and excellence ADNOC’s annual Health, Safety and Environment Awards programme aims to inspire companies, teams and individuals THE ADNOC annual Health, Safety and Environment (HSE) Awards programme is designed to recognise outstanding achievements by employees and affiliated contractors of ADNOC Group Companies in the areas of health, safety and environment. Since its inception in 1997, the awards have honoured the HSE achievements of ADNOC

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Articulate Clear and concise Well argued Clearly focused Well presented

• Demonstrates good improvement in some aspect of HSE • Provides economic benefits • Transferability (maximum of 15 points) • Can be applied onshore • Can be applied offshore • Can be applied to other areas of the ADNOC group or within the industry Reputation (maximum of 15 points) • Enhances ADNOC or Group Company HSE reputation Innovation (maximum of 35 points)

TOTAL ABK receives the Environment Award

Group Company staff and contractors. It provides tangible evidence of ADNOC’s commitment to HSE and is a key element in the programme to promote HSE amongst company employees and contractors. Khaleej Times Special Report SEPTEMBER 23, 2012

The Awards programme motivates companies, teams and individuals to investigate and initiate activities that are beneficial to the health and safety of employees and the community, and the protec-

• Delivers breakthrough solutions to address business challenges • Creative know-how to tackle challenges in new or unique ways • Develop and apply cutting-edge technology to revolutionise products, processes and services • Promotes human behaviour changes



tion of the environment in which they operate. Award categories When first launched in 1997, the competition focused on innovation to encourage the introduction and implementation of new ideas and technology. In 2001, based on feedback from ADNOC Group Companies, the HSE Awards were revised. Awards are now presented for seven categories — Health, Safety, Environment, HSE Performance, Innovation, HSE Champion and Sustainable Development. Entries are submitted in one of five categories — Health, Safety, Environment and HSE Performance. All entries are judged for innovation. The awards are presented to the top two scoring entries in each category. Schedule Invitations to submit entries are distributed to the group companies and contractors in November each year and applications are accepted until the end of January. The screening and judging process of entries is conducted in the period from February to April with the award ceremony being held in May. The judging process Awards will be presented to the winning and runner-up submissions in the categories of Health, Safety, Environment and HSE Performance. Awards will also be presented for the two most innovative submissions. An independent third party will conduct the first round of judging. The top five submissions in each category as well as the 10 submissions with the highest innovation score will progress to the second round. The ADNOC senior management will conduct the second round judging and confirm the final selection of the winners and runners-up in each category.

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Winners at the 15th ADNOC 2011 HSE Awards Ceremony in Abu Dhabi

STRIKING A BALANCE IN line with the integral role ADNOC plays in the UAE economy, it is deeply committed to the growth of the UAE community in all social, economic and educational sectors. Each year ADNOC sponsors a wide variety of events benefitting all of the different UAE community segments. ADNOC greatly contributes to the advancement of UAE nationals by preparing them to become highly qualified individuals through its multiple educational programmes and institutions such as the Petroleum Institute and the Achiever Oasis Programme. Furthermore, ADNOC, on a yearly basis, makes general contributions and sponsorships to a number of events, such as the ones listed below: - Camel Race - Ministry of Labour and Social Affairs Children with Special Needs Centre - Educational organisations such as Zayed University, Higher Colleges of Technology, and Abu Dhabi Educational Zone. - Athletic and cultural clubs Environment ADNOC and its group companies aspire to achieve an HSE performance that is exemplary in the Middle East and Africa. Over the past years ADNOC and its group companies have worked hard to promote HSE best practices and to improve its HSE performance in all aspects.

ADNOC SUPPORTS ADIPEC Under the patronage of the President His Highness Shaikh Khalifa bin Zayed Al Nahyan, the 15th edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will take place from November 11-14, 2012, at the Abu Dhabi National Exhibition Centre (ADNEC). As the largest exhibition for the Middle East oil and gas industry, ADIPEC is supported by Abu Dhabi National Oil Company (ADNOC) and the UAE's Ministry of Energy and hosts over 1,500 exhibitions and attracts more than 45,000 attendees and is the place where oil and gas industry professionals get together to experience, discover, network, discuss and debate core industry issues. From 2013, ADIPEC will be held annually.

Khaleej Times Special Report SEPTEMBER 23, 2012



Consumer-centric at every step ADNOC focuses on providing resourceful energy to consumers including campaigns to phase out leaded fuel throughout the UAE ONE of the largest petroleum companies in the Arabian Gulf, ADNOC Distribution specialises in the marketing of gasoline, diesel, kerosene, aircraft fuel, LPG and natural gas vehicle fuel. The company also produces and markets a range of oils, lubricants and greases. Filling stations ADNOC Distribution operates a fast-expanding network of around 190 filling stations in Abu Dhabi, Al Ain, Western Re-

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took place smoothly on January 1, 2003.

gion (Gharbia) and Northern Emirates. These include the recently introduced new image ‘Millennium’ service stations, which, in addition to gas refuelling, car washing, lube bay and tyre-changing, include an Oasis Service Centre comprising a convenience shop, food court and rest area. Payment is accepted in cash and by credit card, and also by company smart cards. Some larger stations now also incorporate a business centre. A car inspection service was recently introKhaleej Times Special Report SEPTEMBER 23, 2012

duced, operated in coordination with Abu Dhabi General Traffic Directorate. Unleaded Gasoline Project ADNOC played a major role in the ‘UAE Goes Green’ campaign to phase out leaded fuel throughout the UAE. This involved the conversion of 500 filling stations nationwide to unleaded gasoline, the training of transport and service station personnel, and an awareness campaign for 750,000 UAE motorists. The changeover

Natural Gas Vehicle Fuel Following the project launched by ADNOC in 2002 to introduce natural gas as fuel for road vehicles, a pilot scheme involving taxis and trucks, was implemented in 2003. This involves converting vehicles, setting up a specialised filling station, and constructing an underground supply pipeline. The longer-term goal is to use natural gas to fuel all Abu Dhabi taxis, and then extend it to cover other transportation such as buses and trucks. Natural gas is cheaper, cleaner and safer as a vehicle fuel. Vehicles run more quietly, with less engine wear, extended service intervals, and reduced maintenance costs. Fuel tanks do not explode in normal accidents, while underground gas pipelines are safer than petrol pipelines and petrol tankers.



Supporting the UAE economy The UAE’s proven oil reserves now stand at around 98 billion barrels, representing just under 10 per cent of total world oil reserves AS one of the world’s leading oil and gas companies, ADNOC plays a major role in the ongoing growth of the economy of the Emirate of Abu Dhabi. Between 2000 and 2004, ADNOC continued to support Abu Dhabi’s key contribution to the importance of the United Arab Emirates (UAE) in the regional and global energy markets. Through its oil and gas reserves — among the largest in the world — the UAE

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has long been a major contributor to the development of the Gulf Cooperation Council (GCC) region as one of the world’s most dynamic developing markets. The combined Gross Domestic Product (GDP) of the six GCC member countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE — continues to grow. This places the GCC among the top in the world economic league. On GDP per capita, the GCC also ranks highly, with some member countries enjoying income levels similar to those in North America and Europe. The UAE has a GDP per capita of $22,000 and boasts one of the most vibrant economies in the GCC. According to the International Monetary Fund (IMF) figures, nominal GDP of the UAE has seen a steady increase. This positive trend is likely to be sustained, with anaKhaleej Times Special Report SEPTEMBER 23, 2012

lysts forecasting real GDP to grow further. Oil The GCC accounts for nearly 45 per cent of global proven oil reserves and 20 per cent of world gas. It currently produces almost 15 million barrels per day (b/d), which is close to 20 per cent of the world total.

Most of this is sold into a market that is forecast to grow by at least 1 million b/d for the foreseeable future. The UAE’s proven oil reserves now stand at around 98 billion barrels, representing just under 10 per cent of total world oil reserves. This places UAE as the fourth largest OPEC producer, after Saudi Arabia, Iran and Venezuela. Abu Dhabi’s proven oil reserves have doubled in the last decade and now account for 94 per cent of the UAE’s total oil reserves. This is the result of significantly increasing the rate of recovery, continuing to identify new finds, especially offshore, and discovering new oil-rich structures in existing fields. ADNOC’s oil production capacity has risen to over 2 million barrels per day, ranking it among the top 10 oil producers in the world. This has been achieved through major investments in a number of re-



cent and ongoing development projects. These include a $300 million project to increase capacity of the onshore Bu Hasa field from 100,000 to 480,000 b/d, a natural gas re-injection project for the onshore Bab field, and a $480 million project to increase capacity of the Ruwais refinery from 145,000 to 500,000 b/d.

ADNOC: Where sky is the limit

Gas The GCC accounts for around 20 per cent of world gas. Global demand is rising by just under 4 per cent a year and forecast to reach 12,200 million cubic feet per day (cf/d) by 2025. The GCC’s share of world gas consumption, the most dynamic part of the global energy market, is also growing rapidly, fuelled by rising domestic and industrial demand. Capitalising on its gas feedstock cost advantage, the GCC will account for most future capacity additions in world olefins. A similar trend is developing in fertilisers. The UAE’s natural gas reserves are 212 trillion cubic feet (tcf ), the fifth largest in the world after Russia, Iran, Qatar and Saudi Arabia. The largest reserves, amounting to 196 tcf, are located in Abu Dhabi, where the non-associated Khuff natural gas reservoirs beneath Umm Shaif and Abu Al

Bukhush oil fields, rank among the world’s largest. Increased domestic consumption of electricity and growing demand from the petrochemical industry have provided incentives for the UAE to increase its use of natural gas. Consumption has doubled in Abu Dhabi over the last decade, and is projected to reach 4 billion cubic feet by 2005. The development of natural gas fields also results in increased production and export of condensates, which are not subject to OPEC quotas. Gas exports provide a more stable source of revenue than oil, since quantity is fixed for a contracted period, and prices are less changeable. ADNOC continues to play a major role in capitalising on the UAE’s vast gas reserves. Between 2003 and 2007, an estimated $1billion per year was planned to be invested in new gas infrastructure, with the lead

UAE: Setting up new benchmarks of excellence

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Khaleej Times Special Report SEPTEMBER 23, 2012

being taken by ADNOC subsidiaries — GASCO, ADMA-OPCO, ADCO and ZADCO. These include the third phase of the onshore gas development (OGD-III), the second phase of the Asab gas development (AGD-II), expansion of the gas complex at Habshan, and the Umm Shaif gas re-injection project. In 2001, ADNOC commenced supply of natural gas to Dubai via the Maqta-Dubai pipeline, delivering 200 million cf/d of natural gas. Prior to this pipeline, Dubai’s natural gas supply came entirely from Sharjah. Another key intra-regional initiative is the Dolphin Project, which aims to develop links between the national gas infrastructures of Qatar, UAE and Oman. A Statement of Principles was signed in 1999 between UAE Offsets Group (UOG) and Qatar Petroleum, followed by the signing of a

sales agreement in 2002. In 1999, ADNOC and UOG issued a joint declaration dividing up natural gas distribution between them. Natural gas from the Dolphin project is the exclusive supply for natural gas-fired power plants, except in the Western Region (Gharbia) of Abu Dhabi, and will also supply natural gas for ADNOC contracts with Dubai. Petrochemicals The GCC is the rising star of the global petrochemicals industry. Abundant supplies of oil and gas, coupled with low feedstock and production costs, give the region a major advantage over other major global producers. Based on projects planned and underway, the GCC’s ethylene capacity will jump to over 15 per cent of global capacity by 2010. A decade later, it is forecasted that the Gulf will overtake the US — currently the biggest petrochemical producer with a market share of 25 per cent — and have the world’s largest concentration of petrochemical capacity. In Abu Dhabi, ADNOC’s fast-growing petrochemicals activities include the production of ammonia and urea by Fertil since 1983, as well as the production of polyethylene by Borouge, which commenced in 2001. These are helping to diversify the Emirate’s economic base, creating more employment for UAE nationals, and supporting the Government’s privatisation policies by promoting downstream industry linkages.



Meeting the energy needs of the future

Maintaining a privileged position ADNOC is expected to be one of the largest LPG exporters in the world and a leading company for supplying natural gas within the UAE ADNOC markets Abu Dhabi Hydrocarbons such as crude, refined products, LPG and sulphur. It also co-ordinates short-term and medium-term business activities and plans long-term strategies that enable ADNOC to maintain its privileged position in the oil and gas business. ADNOC’s equity of crude oil and condensate is sold to international markets as well as the local market. The main onshore grade is Murban and the other offshore grades include Umm Shaif, Lower Zakum and Upper Zakum. In addition, ADNOC produces two grades of condensate — Uweinat and Thamama. The bulk of ADNOC’s crude exports are mainly targeted to the Far East, though ADNOC also has a business relationship with the Indian sub-con-

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Fuelling the globe's LPG needs

tinent and East Africa. ADNOC’s main aim is to maintain good business relationship with existing and potential end-users and to ensure a reliable supply. In addition, ADNOC also markets refined petroleum Khaleej Times Special Report SEPTEMBER 23, 2012

products, such as naphtha, jet kerosene, gas oil and fuel oil. These refined products, along with three grades of unleaded gasoline — ULG 98, ULG 95 and ULG 91 — are produced by Abu Dhabi Refining Company (TAKREER), which overlooks

the operations of Abu Dhabi Refinery and Ruwais Refinery with 500,000 barrels per day of refining capacity (including both condensate splitters). In addition, ADNOC’s markets its 68 per cent equity share of Paraffinic Naphta produced by GASCO. Although oil will continue to provide majority of the income tax for both economic growth and social services in the coming years, gas, the ‘energy of the future’, will play an increasing important role in the UAE’s development. Gas development projects are being constructed and new ones are being considered in order to meet the increasing demand for production of water and electricity within the country, and to provide power for the new emerging industries, as well as to secure feedstock for new petrochemical projects. ADNOC is expected to be one of the largest LPG exporters in the world and a leading company for supplying natural gas within the UAE using its comprehensive pipeline network. On the other hand, new challenges have been added to ADNOC list, which is the development of Sour Gas Project. It is considered as one of the most challenging gas projects with huge production of sulphur, which will put ADNOC on top of the sulphur exporters in the world.



Pumping energy to the industry Aside from building and preserving relations with business partners, ADNOC offers a portfolio of varied services to boost the industry

AVIATION SERVICES ADNOC provides aviation refuelling services to over 50 airlines at regional airports including Abu Dhabi, Al Bateen, Fujairah, Al Ain, Sharjah and Ras Al Khaimah. Operational facilities and fire-fighting services have recently been expanded and enhanced at Abu Dhabi International Airport.

MARINE SERVICES ADNOC’s ship refuelling service for vessels in Abu Dhabi waters has been enhanced by the supply depot at Zayed Port.

LUBRICANT OIL AND GREASES ADNOC has expanded facilities and increased production at its state-of-the art lubricant oils blending and grease plants at Umm Al Nar. New products complying with international standards have been introduced for distribution through ADNOC’s regional and international marketing network, which covers the Middle East, Africa, Far East, Australia and Europe. In Abu Dhabi, the company has exclusive contracts

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Khaleej Times Special Report SEPTEMBER 23, 2012

with distributors for leading global automobile manufacturers for the supply of lubricants.

LIQUEFIED NATURAL GAS ADNOC supplies customers with Liquefied Natural Gas (LNG) through its plants at Abu Dhabi (Musaffah) and Al Ain. Recent expansion of the Al Musaffah factory has doubled production of gas cylinders.



Playing a pivotal role in supporting UAE nationals ADNOC is streamlining the policy of emiratisation in its own way by training and recruiting UAE youth in its group of companies

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Khaleej Times Special Report SEPTEMBER 23, 2012

ADNOC is playing a pivotal role as a responsible stakeholder in the growth of the emirates, steering its corporate social activities in line with the vision of the leadership and working towards emiratisation. ADNOC has taken several initiatives in extending necessary education and training to the UAE nationals. For instance, last year ADNOC participated in Najah Education Training Careers 2011 along with a number of government departments and other major companies from the public and private sector for recruiting UAE nationals. The exhibition was held at the Abu Dhabi National Exhibition Centre (ADNEC). Emiratisation is an initiative by the government to employ UAE nationals in a meaningful and efficient manner in the public and private sectors. The programme has been in place for more than a decade and results have been seen in the public sector. In line with the government’s policy, this initiative gains considerable support from all government and private departments and considers education and training of UAE nationals as a main tool for realisation of the goals.

ADNOC through such exhibitions and stands introduces the UAE nationals to education and training opportunities and seek to recruit qualified and skilled UAE nationals to join the ADNOC group. Intensive efforts by the group are guided by scientific plans and studies that spell out the requirements of emiratisation in terms of training of nationals and upgrading their skills and capabilities. The company attaches considerable concern for the UAE cadres through the support it extends to the training and development policy of its employees. ADNOC offers a number of educational opportunities to graduates of secondary schools to continue their university education in engineering disciplines required by the oil and gas sector. In addition to this, the human resources training and development sections are important in the ADNOC Group. The oil and gas firm has also established the Petroleum Institute almost a decade back running scholarship and training programmes through its ADNOC Technical Institute to secondary school graduates.



The late Shaikh Zayed bin Sultan Al Nahyan, founding father of the UAE, initiated the unification of the country and laid down its foundations for progress

Progressive steps in time The ADNOC Group has established and set many milestones. Here are a few: 1939 - The Emirate of Abu Dhabi makes an agreement with Petroleum Development (Trucial Coast) Ltd to operate onshore and in the shallow coastal waters of Abu Dhabi. 1950 - Exploratory drilling begins in Abu Dhabi in February. 1960 - The first commercial oil discovery made at Bab. 1962 – Under Abu Dhabi Marine Operating Company (ADMA-OPCO), the first crude shipment from Umm Shaif was exported from Abu Dhabi through Das Island. 1963 - Exports begin from Jebel Dhanna terminal. 1971 - Abu Dhabi National Oil Company (ADNOC) established to operate in all areas of the oil and gas industry. 1972 - National Drilling Company (NDC) is established.

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1973 - Abu Dhabi Gas Liquefaction Limited (ADGAS) is established. 1973 - ADNOC Distribution is established as the first UAE Government-owned company specialised in marketing and distribution of petroleum products within the UAE. 1975 - Abu Dhabi National Tanker Company (ADNATCO) is established for transportation of petroleum products.

Late Shaikh Zayed was a “people’s ruler”

1977 - Zakum Development Company (ZADCO) set up to develop and operate the Upper Zakum field. 1978 - GASCO incorporated as a joint venture between ADNOC, Shell Abu Dhabi, TOTAL and Partex. 1979 - ADCO incorporated in 1978 and has been responsible, since February 1979, for operations in the concession area, which now covers more than Khaleej Times Special Report SEPTEMBER 23, 2012

Late Shaikh Zayed with late Shaikh Rashid bin Saeed Al Maktoum




CONGRATULATIONS

40   ON ITS

40

th ANNIVERSARY


21,000 square kilometres. 1979 - Abu Dhabi Petroleum Ports Operating Company (IRSHAD) established as a joint venture between ADNOC and the Land and Marine National Contracting Company (Lamnalco). 1979 - ADNOC Distribution commissions a lubricant blending and packaging plant, developed to become one of the best of its kind in the region.

1990 – ADGAS signs agreement with Tokyo Electric Power Company to double its production as from 1994.

sponsibility of refining operations from ADNOC. 2001 - Abu Dhabi Gas Company (ATHEER) integrated with GASCO. 2004 – ATHEER transfers to GASCO the responsibility for operating the Asab Gas Plant. 2004 - NDC wins the Sheikh Khalifa Excellence Award (SKEA) in Services Sector and the company granted the ISO 14001 Certificate – 2004 for environment protection.

1980 - FERTIL established as a joint venture between ADNOC and TOTAL.

1993 - National Gas Shipping Company (NGSCO) is established to transport liquefied natural gas (LNG) on behalf of Abu Dhabi Gas Liquefaction Company Ltd (ADGAS).

2004 - ADGAS is awarded the ISO 14001 accreditation.

1982 – 83 - Construction of a processing plant begins followed by production.

1999 - Abu Dhabi Oil Refining Company (TAKREER) is established to take over the re-

2007 - Elixier (ADNOC Linde Industrial Gases Company Ltd) is incorporated

2008 – ADGAS receives the widely recognised Dubai Quality Award 2008. 2009 - ADNOC launches ‘ADNOC Sustainability Performance Initiative’ to ensure a harmonious balance between society’s needs and Earth’s resources 2009 - GASCO shareholders sign the GASCO’s Joint Venture Agreement renewal. 2009 - FERTIL Urea Plant revamped and name plate capacity enhanced to 2,300 MTPD. 2009 - FERTIL Management signs contract with Samsung to execute the FERTIL-2 Project.


2010 - Abu Dhabi Polymers Company Limited (Borouge) triples its annual production capacity in Abu Dhabi to two million tonnes. 2011 – His Highness Shaikh Khalifa bin Zayed Al Nahyan issued Emiri decree on June 25, 2011 restructuring SPC and ADNOC appoints new Director General. 2012 – Inauguration of Abu Dhabi-Habshan new oil pipeline. Abu Dhabi now has the potential to export more than 1.5 million barrels of crude oil through the seafront of Fujairah — bypassing the Strait of Hormuz. The mega project opening may increase the capacity to 1.8 million barrel per day this year.


GAC

Logistics solutions providers GAC is an experienced provider of bunker supplies, ship-to-ship transfers, canal transits and ship supply services GAC is a global provider of shipping, logistics and marine services. These services are constantly being refined and integrated to serve its customers’ increasing need for competitive solutions. Emphasising trust, reliability and a strong human touch, GAC has been building its reputation in its chosen markets since 1956. Headquartered in Dubai, GAC

employs over 9,000 people in more than 300 offices worldwide. GAC Shipping is a global leader in ship and hub agency services. It represents more than 3,500 Principals and handles more than 50,000 vessels annually. In addition to ship/ hub agency services, GAC Shipping is an experienced provider of bunker supplies, ship-to-ship transfers (with GAC Marine), canal transits and ship supply services. It also acts as correspondent for most International group P&I clubs. Using the power of the GAC network — and for some services, the products of worldleading specialist suppliers —

GAC also provides value-added solutions tailored to the needs of its shipping, marine and logistics clients. These services include global hub agency, Port-on-Demand (POD) services, ship spares logistics, shipto-ship transfer services, ship lay-up services, bunker fuels, weather solutions, anti-piracy and protective solutions, maritime training, workwear design and manufacturing, … and the list is growing. GAC Logistics serves the worldwide needs of manufacturers, distributors and retailers with particular emphasis on the fast moving consumer goods (FMCG), textiles, pharmaceuti-

cals, automotive parts, electronics, entertainment and oil and gas sectors. It delivers a complete range of supply chain and logistics solutions, including air and ocean freight, warehousing and distribution, land transportation, project logistics, ship spares logistics, international moving and courier services. GAC Marine’s vessels and crews support the offshore oil and gas and construction industries, providing anchor handling, personnel and supply, safety and security, fire and rescue, towage, and ship-to-ship transfer services. GAC Marine’s growing fleet includes highspeed supply boats, tugs, barges, floating cranes and landing craft. The fleet also has a long history of engagement with offshore project cargo transportation and offloading. — Advertiser’s Content


TOTAL

Grateful to the wise leadership of the UAE On the occasion of ADNOC’s 40th anniversary, Total highlights its collaboration with the group to achieve mutual goals TOTAL values its association with ADNOC since its formation 40 years ago. This cordial relation initially was based mainly on an opportunity Total was given in the oil industry. Total is grateful to the wise leadership of Abu Dhabi for

their trust, which is continually reflected through partnerships in nine ventures established over the passage of time. Total is Abu Dhabi’s partner in production of oil and gas, gas processing, conventional and renewable energy, fertilisers and chemicals. Total contributes sustainably towards UAE energy and community development. Its expertise and innovations derived from operations in 130 countries are shared with Abu Dhabi. This is done through its joint ventures and enhanced educational collaboration for UAE national. Total is one of the founding members of the

Petroleum Institute where experts transfer their industrial knowledge and experience. Since 2008, thanks to generous support of ADNOC, it runs Total ABK – VEDC Academy, a capacity building programme for Emiratis to make them employable in the oil industry. Emirati employees of Total frequently travel to France for professional development and on overseas assignments to acquire practical technical skills. Total assures its fullest support to Abu Dhabi, especially to ADNOC and congratulates them on this landmark anniversary. — Advertiser’s Content

Total is Abu Dhabi’s partner in production of oil and gas, gas processing, conventional and renewable energy, fertilisers and chemicals


TEBODIN

Partners in growth The group has expanded to cater to the growing market requirements on both economical as well as environmental and safety developments

BASED in The Netherlands and operating for over 38 years in the Gulf, Tebodin has established itself as an engineering and consultancy firm working in the fields of oil and gas, infrastructure, industrial projects and consultancy. It has more than 1,500 consultants and engineers permanently stationed in the Middle East and gives high priority to safety and quality assurance. The oil and gas sector has completed numerous projects for ADNOC group of companies in Abu Dhabi, PDO and QP. Tebodin’s Infrastructure department has completed a

number of engineering and supervision projects for ADWEA, ADDC, TRANSCO and is currently involved in the development of ports, master plans and utility infrastructure. Industrial Buildings and Consultancy group has expanded in the recent years to cater for the growing market requirements on both economical as well as environmental and safety developments. Tebodin operates throughout the region from its offices in Abu Dhabi, Dubai, Bahrain, Oman, Saudi Arabia and Qatar. Tebodin's philosophy is to maintain a high quality, multi-

Tebodin's philosophy is to maintain a high quality, multidisciplinary team of local engineers with access to specialists from the international office network disciplinary team of local engineers with access to specialists from the international office network. This makes it easier to promptly and effectively undertake major engineering projects. Clients can count on the company for all the expertise needed to address even the most complex challenge. — Advertiser’s Content


ABB

Local touch with global experience ABB is your partner in achieving higher plant performance and creating real tangible value through integrated solutions THE need to balance ever-increasing pressures to reduce costs and improve productivity against mandated safety regulations is one of the very difficult challenges in industry today. ABB is truly a global organisation with global con-

cerns. With a firm focus on health, safety, security and environment, the company strives to provide the oil and gas industry with the technology and services that have a positive effect on the world we live in. With unparalleled experience and expertise in every phase of the plant lifecycle, ABB can also assist you in meeting your social responsibility to protect people, assets, the environment, and surrounding community. ABB manages mega projects with multiple scopes. By combining the multi-scope capability with project forecasting, planning and implementation, the com-

pany reduces the risk throughout the project and decreases the total overhead cost. ABB’s services and products will enhance your project from first concept to decommissioning. It operates locally with an “in country, for country” approach while drawing support from the vast ABB resources around the globe. The combination of local and global involvement improves productivity in even the most remote locations. Partnership with ABB provides world-class expertise and continuity. As the project develops from one phase to the next, ABB is able to capture lost profit opportuni-

ties, to help improve return on capital. ABB contributes to lasting improvements across the project’s lifecycle by bringing special expertise to the integrated engineering team, including multi-disciplinary experience and in-depth product and system integration knowledge. The Industrial IT enabling technologies provides fully integrated power, SCADA, automation, telecom and production applications with open connectivity to business systems — a major contribution to safety, profitability and maximised resource utilisation. — Advertiser’s Content


HAMRIYAH FREE ZONE AUTHORITY

Growth engine of the local economy

Hamriyah Free Zone (HFZ) has one of the most progressive and fast-evolving landscapes for companies to thrive WITH over 5,700 companies from 140 countries within its precincts, Hamriyah Free Zone takes pride in its contribution to the economic growth of Sharjah and the UAE and its emergence as a growth engine of the local economy. The quality of the investor footfall at Hamriyah Free Zone speaks for itself. I thank them for their continued support over the years, and for the confidence they have shown in our future our success story is indeed a reflection of the core values and principles embodied in the founding of the HFZA in November 1995. Our global coverage now encompasses 5,700 companies from across 140 countries and we are aiming to touch the 6,000-mark this year. Not

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lofty aspirations but very achievable goals considering the work-friendly environment, minimum regulations, transparency and red carpet treatment that we offer. Our success story is indeed a reflection of the core values and principles embodied in the founding of the HFZA in November 1995. A focused marketing strategy wherein we identified our key strengths — including measuring effectiveness of policies and programmes, introduction of attractive incentives and supporting these with aggressive branding has had a great impact on our business development. Hamriyah Free Zone (HFZ) has one of the most progressive and fast-evolving landscapes for the SMEs and MBs to thrive. We are committed to supporting small firms and have formulated explicit policies and designed special programmes to help develop competitive and resilient SMEs that are equipped with strong technical and innovation capacity as well as managerial and business skills. Our unique custom-designed seven SME clusters comprising the Oil and Gas Zone, Timber Land, Maritime City, Petrochemical Zone, Construction World, Perfume World, and Steel City are attracting hundreds of new and small businessmen from across the globe, serving as a testament to our success. The Oil and Gas Zone at HFZA is part of its seven Magnificent Zones cluster of 22 plots of land, each 5,000 square metre in size, is ideal to enhance the potential for related industries. This zone caKhaleej Times Special Report SEPTEMBER 23, 2012

Dr Rashid Al Leem, Director General, Sharjah Department of Seaports and Customs and Sharjah Free Zones Authority

HFZA’s Oil and Gas zone is a perfect location for companies looking to expand their operations ters to downstream projects where crude oil is converted into finished products and hence, provides integrated solutions in refinery, petrochemical and power generation segments. HFZA’s Oil and Gas zone is a perfect location for companies looking to expand their operations. It has been a terrific year for Hamriyah Free Zone Authority (HFZA) so far. Despite the continuing turmoil in the glob-

al economy, HFZA has already notched up contracts of 920 new companies, the most recent addition being from Taiwan, Kazakhstan and South America. Our sights are set on penetrating into new markets and we are looking towards channeling our resources strategically to help emerging businesses by empowering investors in their ventures. — Advertiser’s Content


PARTEX

Ploughing back for good Gulbenkian Foundation is among the 10 largest foundations in the world with international activities in the fields of art, charity, education and science

PARTEX has been active in this region for almost 75 years. The founder of the company, Calouste Gulbenkian, an illustrious Armenian born in Istanbul in 1869, was a pioneer in the development of the oil industry in the Middle East and was behind the creation of the Iraq Petroleum Company. In Abu Dhabi, Partex is a shareholder of ADCO and GASCO. In Oman, it has participation in PDO, OLNG, QLNG and Mukhaizna. Calouste Gulbenkian was also a highly renowned art col-

lector. He spent the last 13 years of his life in Portugal where a foundation in his name – Calouste Gulbenkian Foundation – was created and to which, according to his will, the whole art collection and oil business was donated. It is one of the 10 largest foundations in the world with international activities in the fields of art, charity, education and science. Along the years, Partex extended its activities to other regions of the world: Kazakhstan, Algeria, Brazil, Angola and Portugal. A group of com-

panies was developed all belonging 100 per cent to Partex Oil and Gas (Holdings) Corporation, which, in turn, is held by the Gulbenkian Foundation. Hence, the Partex Group has the unique feature that its profits are used for the benefit of mankind. Although Partex is not a major, its active contribution to the ventures in which it participates is based on technical excellence, highly experienced staff and full commitment to the success of the operations. — Advertiser’s Content

“ extends best wishes to the Abu Dhabi National Oil Company (ADNOC) on its 40th Anniversary.

is proud to be associated with ADNOC and is looking forward to strengthen the partnership.

Linde Engineering Middle East LLC | H.H. Sheikha Fatima Building, C67 | 5th Floor | Office 503 | 32nd Street | Khalidiyah | P.O. Box 109155 | Abu Dhabi | United Arab Emirates Tel. : +971 2 698 1400 | Fax : +971 2 698 1499 | E-mail: leme@linde.com


ZENATH

A thriving partnership Both ADNOC and customers were delighted with Zenath’s professional handling of the situation and the market

JSABukhari

J S A Bukhari, Executive Director of Zenath Group

When refined products were in short supply internationally, ADNOC played a major role by meeting the local demand adequately through its refineries

58

Latha Krishnan THE relationship between ADNOC and Zenath has been thriving for more than a decade. Zenath is the official distributor for ADNOC lubricants and refined oil products in large volumes, predominantly diesel, in Dubai. Zenath distributes these products in the Northern Emirates too with the permission of ADNOC. Since the beginning of its partnership with Zenath, ADNOC refined products quickly started making inroads into the Dubai market. Zenath’s aggressive marketing of these products coupled with the support of ADNOC has increased the sales tremendously. “During the economic boom period in the UAE, the volume of diesel we sold was equal to the volume other governmentbacked oil companies were selling. It bought Dh1 billion worth of ADNOC refined Khaleej Times Special Report SEPTEMBER 23, 2012

products in one year. We were the single largest local distributor of diesel in the UAE then,” reminisces J S A Bukhari, Executive Director of Zenath Group, which is a part of the diversified ETA- Star Group of companies. During the boom a few years ago, when refined products were in short supply internationally, ADNOC played a major role by meeting the local demand adequately which was possible only because of its own refinery producing enough quantity for the country. As demand continued to escalate, ADNOC had to resort to a quota system for its distributors and direct customers and Zenath co-operated well with ADNOC by accepting the reduced quota for the product lifting and yet largely managed to make its number of its endcustomers happy too with its wise management. The company invested heavily on logistics by increasing its

transport fleet and personnel thereby improving capacity to meet customer demands and deliver the products to the market in Dubai and the Northern Emirates. “Both ADNOC and customers were delighted with Zenath’s professional handling of the situation and the market,” says Bukhari. The market has since passed through the peak and the demand for refined products has come down after the UAE market, too, followed suit with other countries after the 2008 economic crisis. Bukhari says, “Our volume of sales has indeed decreased but we are continually seeking opportunities to increase market share as the market will definitely mature and appreciate professional players like us. We have proved to ADNOC that we can partner with them at all times. And we look forward to continuing our rich and rewarding partnership with them in the future and contribute effectively to the growth of the economy of the UAE.” — Advertiser’s Content


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