Middle East Economic Survey


No 45


Abu Dhabi Plans Artificial Islands To Boost Oil Output By 470,000 B/D

ExxonMobils offshore Upper Zakum project costs drop from $18bn to $10-12bn, Nick Wilson writes from Abu Dhabi

As part of its drive to lift crude production capacity to 3.5mn b/d by 2018, two of Abu Dhabis state-owned ADNOC subsidiaries, Zakum Development company (ZADCO) and Abu Dhabi Marine Operation Company (ADMA-OPCO), are building or studying construction of...