ADNOC
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The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.
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The company said its goals underscore its strong environmental, social, and governance performance as it responds to rising global energy demand. In addition, it said, the goals are aligned with the United Nation’s Sustainable Development Goals.
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ADNOC will utilize Honeywell’s asset monitoring and predictive analytics platform to improve asset efficiency and integrity across the operator’s upstream and downstream businesses.
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The seismic sensors will be dropped by six autonomous aerial drones and later be retrieved by an unmanned ground vehicle instead of conventional manual deployment and recovery by ground-based teams.
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The upgrade project will increase the maturing field’s oil production to 485,000 B/D.
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ADNOC’s drilling subsidiary has increased its rig fleet to 95 and plans to add “dozens” more by 2025.
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ADNOC said the agreements will maximize its access to new markets, effectively booking out the majority of its LNG production through the start of 2022.
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Separate collaboration agreements between ADNOC and Lukoil, Gazprom Neft, and the Russian Energy Agency cover all segments of the oil and gas industry, including upstream technology and exploration and development of Abu Dhabi concessions.
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Internal corrosion has caused ADNOC to suffer loss of containment in oil flowlines in a giant onshore field. This paper describes the successful 5-year field trial program and confirmation that HDPE liner application in carbon steel pipe can be a cost-efficient way to mitigate internal corrosion.
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ADNOC and CNOOC will explore multiple new opportunities for collaboration across the upstream and downstream sectors in the UAE and China.