ADNOC ONSHORE (ADCO) - ADNOC

 

 

ADNOC ONSHORE Abu Dhabi Company for Onshore Oil Operations (ADCO)

 

Our oil and gas outputs account for around 53% of the UAE’s total production, placing us at the heart of the UAE’s energy strategy and its vision for socio-economic growth and prosperity. Our goal is to increase our daily production capacity to 1.8 million barrels by the end of 2018, and 2 million barrels by the end of 2020.

Achieving a long-term and sustainable oil and gas supply is at the heart of what we do. We invest in new technologies that help maximise the output of existing operations, make greater use of oil and gas reserves, and explore the commercial viability of new resources.

Our operations are underpinned by a stringent focus on HSE. We are proud to have achieved a lost time frequency rate of 0.08 based on 112 million man hours – the equivalent time taken to build five Burj Khalifas.

ADNOC Onshore is majority owned by ADNOC, which has a 60% stake in the company. Our other Shareholders are BP (10%), TOTAL (10%), CNPC (8%), JODCO (5%), CEFC (4%), and GS Energy (3%).

 

We are the leading onshore producer within ADNOC Group, producing 1.6 million barrels of oil and 5.6 billion cubic feet of gas per day.

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