British services firm Petrofac reported in its Q2 results this week that the final elements of the Upper Zakum project will be handed over to Abu Dhabi in late 2018 and 1Q 2019. Abu Dhabi’s Adnoc had been targeting completion of the project to bring Upper Zakum output to 750,000 b/d this year, but evidently the project has slipped. Output from the offshore Upper Zakum (Adnoc 60%, ExxonMobil 28%, Jodco 12%) is exported from Zirku Island. Delays to the project would be a blow to...
UAE’s Upper Zakum Delayed
Published on Fri, 31 Aug 2018 - Volume: 61 Issue: 35Print
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