Abu Dhabi: Onshore Pumps 1.5Mn B/D, Investing $40Bn
State-owned Abu Dhabi National Oil Company (ADNOC) is pumping about 1.5mn b/d from its main onshore oil fields, and is in the middle of a $40bn investment plan, it announced this week.
Abu Dhabi’s production capacity from its main onshore producing fields – operated by Abu Dhabi Company for Onshore Oil Operations (ADCO) – is about 1.6mn b/d, a senior ADCO official said. Farid...