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10-11 ADNOC .qxp_Layout 1 2/15/18 9:30 AM Page 11 Oil & Gas Directory Middle East - 2018 11 Abu Dhabi National Oil Company ofile (ADNOC) Company Pr INTRODUCTION 2.02 We are one of the world's leading energy producers, and Stretching the margin of each refined barrel of oil, a primary catalyst for Abu Dhabi’s growth and expanding petrochemical production, developing new diversification. high value products to meet growing demand and increasing refining capacity. We operate across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that We will create competitive advantage by applying technology range from exploration, production, storage, refining and that delivers higher value products and generate differential distribution, to the development of a wide-range of returns through new growth and expansion projects. petrochemical products. For over 45 years, we have played an ADNOC integral role in Abu Dhabi’s economic development, managing, We will seek exciting new opportunities across ADNOC’s producing and preserving the Emirate’s hydrocarbon reserves refinery and petrochemicals portfolio that will bring in partners on behalf of the Abu Dhabi Government. to improve integration, realize synergies and expand ADNOC’s technological capability and output to meet the rising global We are the principle catalyst of growth in the Emirate, and our demand for petrochemical products. work has had a positive and lasting impact on the quality of millions of lives. Since 1971, we have created thousands of Improving operational efficiency, increasing sour gas jobs, driven the growth of a diverse knowledge-based production and utilizing CO in enhanced oil recovery 2 economy, and played a key role in Abu Dhabi’s global to free natural gas to meet the power needs of the UAE. emergence. Today, we continue to look for new and innovative ways to maximize the value of our resources, pioneering those We will deliver a more sustainable and economic gas supply by approaches and technologies that will ensure we are able to meet the demands of an ever-changing energy market, and implementing a fully integrated gas master plan that increases continue to have a positive impact on the productivity, performance and delivery. We will ensure optimum resource utilization and improved energy efficiency and demand-side management. ADNOC’s integrated 2030 Strategy is to transform the way we maximize value from every barrel, to deliver the greatest possible return to Abu Dhabi as we help meet We will achieve greater operational effectiveness and reduce the world’s growing demand for energy. unit costs, while maintaining production flexibility. This will support our efforts to meet the UAE’s domestic gas demand. Increasing production capacity, driving cost efficiency, Working closely with the Upstream Directorate, we will exploring for new resources, reenergizing mature fields, and accelerate the exploration and potential development of protecting market share. We are adapting to changing unconventional gas. dynamics in the energy market by maximizing operational efficiencies, increasing our crude oil production capacity, while COMPANY ADDRESS: also optimizing costs – to ensure we remain competitive. Abu Dhabi National Oil Company (ADNOC) We will further develop and expand a leading, regional fully P.O.Box 898 Abu Dhabi - UAE integrated drilling company, as well as develop upstream Tel: +971-2-6020000 concession deals with companies that add value and may also Fax: +971-2-6023389 seek to strategically partner with ADNOC in other parts of its value chain. We will seek solutions for developing untapped E-mail: [email protected] reservoirs. Website: www.adnoc.com