UAE Energy Unconventional Oil and Gas Technologies
ADNOC (Abu Dhabi National Oil Company), the flagship UAE oil and gas conglomerate, plans to spend $150 billion over the next five years (2023-2027) to ramp up oil production capacity to five million barrels per day to meet rising global energy demand.
There are over 45,000 km2 of unconventional oil and gas resources in the UAE with considerable recoverable resources. To expanding their unconventional potential the UAE is interested to work with companies that can:
- Focus on the shale industry with an operating model and efficiencies.
- Provide transfer of skills.
- Enhance the supply chain to cater to the unconventional play in the UAE.
- Support technology trials and start-up innovation initiatives.
The UAE is interested in U.S. oil and gas equipment suppliers and firms who have experience and expertise in unconventional technologies.
To further explore business opportunities with ADNOC, we encourage you to register for ADNOC’s largest annual energy show ADIPEC which takes place on October 2-5, 2023.
For more information, please contact Office.AbuDhabi@trade.gov.