UAE

MEES Agenda

 

IOCs Offer Abu Dhabi CO2 Technology To Secure Oil Fields

 

As the Abu Dhabi Company for Onshore Oil Operations (ADCO) concession to operate the emirate’s main onshore oil fields nears its expiry date, shareholders ExxonMobil  and Shell are in talks with clean energy initiative Masdar about deploying their own CO2 enhanced oil recovery (EOR) technology. They hope to secure concessions in fields that will produce a total of 1.8mn b/d. State-owned...