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ADNOC To Boost Oil Production from Giant Bab Field

Source: Getty Images.

Abu Dhabi National Oil Company (ADNOC) has awarded a $489-million engineering, procurement, and construction (EPC) contract to Greek firm Archirodon Construction Overseas in a project that will sustain long-term crude oil production of 485,000 B/D from the giant onshore Giant Bab Field, 160 km southwest of Abu Dhabi city.

The scope of the upgrade project includes development of producing wells, water injection wells, artificial lift wells, well-bays, let-down stations, water injection clusters, and other infrastructure. The contract has a term of 39 months.

Expansion of the Bab field— ADNOC’s first field producing Murban grade crude—comes 2 years after ADNOC Onshore awarded a contract to increase its capacity to 450,000 B/D of oil from 420,000 B/D by 2020. ADNOC said the new contract builds on that progress. 

“The Bab field already plays an important role in supporting ADNOC’s production capacity mandates, and this upgrade complements ADNOC’s upstream growth plans,” said Yaser Saeed Al Mazrouei, chief executive officer of subsidiary ADNOC Onshore, which awarded the EPC contract, in a press release. He added that the project will minimize life-cycle costs and deploy cutting-edge technologies to “unlock the full potential of the field’s existing assets and wells while tapping into new reservoirs to sustain long-term production output.”

ADNOC is in the midst of its "2030 smart growth strategy" to maximize recovery from maturing fields and identify and explore for untapped oil and gas resources. The company is targeting an oil production capacity of 4 million B/D by the end of 2020 and 5 million B/D by 2030.

ADNOC To Boost Oil Production from Giant Bab Field

14 November 2019

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