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Abu Dhabi's Energy Industry

Christophe SASSOLAS

President of Total E&P UAE and Total Country Chair for the UAE

TOTAL

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Abu Dhabi Energy Industry In Figures

UAE oil reserves97.8 billion barrels

UAE oil production3.67 million bopd

UAE gas reserves5.9 tcm

UAE gas production57 bcm

Abu Dhabi’s Energy Industry Growth

Abu Dhabi’s oil and gas industry has rapidly grown on the back of its substantial hydrocarbons potential. The UAE is among the top 10 nations by reserve size despite covering an area of only 84 thousand square kilometres. The Abu Dhabi National Oil Company (ADNOC) is responsible for nearly all the country’s oil and gas production. Given profits and royalties from its oil and gas industry, the country has traditionally poured high levels of investment into its greenfield projects to keep reserves and production on an even keel.

The oil and gas sector is the UAE’s economic axis, representing 40% of its GDP. However, the country has strongly pushed to diversify its economy through its Vision 2030 initiative, including building strong manufacturing and downstream sectors. While non-oil sectors are becoming a more prominent part of the country’s GDP, the hydrocarbons sector remains its key economic pillar and main enabler of diversification.

The UAE is also pushing the growth of renewables in its energy mix. The government has targeted 50% of its power generation coming from nuclear and renewables by 2050. “We now see advanced renewable energy sources increasingly growing their share of the energy mix,” H.E. Eng. Awaidha Murshed Ali Al Marar, chairman of the Abu Dhabi Department of Energy, told The Energy Year. “Nuclear energy is safer than most other sources when it comes to delivering reliable, steady, and stable energy. Its low carbon emissions make it a promising way forward to a cleaner, greener world.”

Abu Dhabi Energy Industry News and Articles

Interview
Abu Dhabi - February 1, 2024

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NEWS
Abu Dhabi - February 01, 2024

Fine Refinery will take on feedstock from Deep Wells new oil play.

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Interview
Abu Dhabi -

Dive into the undersea and underground world of serving the energy industry.

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BigOil hires Useful Services
NEWS
Abu Dhabi - January 19, 2024

Useful Services lands the biggest contract of its fictional story.

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ADNOC awards $136-mln contract for artificial islands
NEWS
UAE - January 15, 2024

ADNOC has awarded a contract to the UAE’s National Marine Dredging Company to construct an artificial island as part of the…

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Abu Dhabi maps

Abu Dhabi Oil & Gas Concession Areas 2019

    ALL MAPS
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    Kuwait - June 01, 2023

    Maen Razouqi, CEO of Kuwait Airways, talks to The Energy Year about the evolution of the aviation industry in the last few…

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    Interview
    Kuwait - May 01, 2023

    Tareq Qaddumi, CEO of SPETCO, talks to The Energy Year about the company’s contribution to KOC’s production increase drive…

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    Interview
    UAE - December 13, 2023

    Talal Al Hashmi, CEO of Jaheziya, talks to The Energy Year about how safety measures develop in the energy industry and the company’s offering to the oil and gas…

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