Abu Dhabi National Oil Company has awarded contracts worth $548 million to build a new main gas pipeline at its Lower Zakum field, as part of efforts to achieve gas self-sufficiency in the UAE and meet growing global energy needs.

Adnoc Upstream Executive Director Yaser Almazrouei said the contract award will allow us to produce more natural gas as we ramp up the production capacity of the Lower Zakum field. This will support our integrated gas master plan to drive competitive gas recovery to achieve gas self-sufficiency in the UAE and industrial growth, while also helping to meet the growing global demand for energy.

Natural gas is playing an increasingly important role as a feedstock and fuel in the energy transition because it burns significantly less carbon-intensive than coal. In July, Adnoc announced the discovery of a second gas in 2022 from the first exploration well in the Block2 exploration concession offshore Abu Dhabi, operated by Eni.

Adnoc said 1 trillion to 1.5 trillion standard cubic feet of pristine natural gas was discovered from a new, deeper reservoir, nearly double the volume of the discovered field. It builds on initial discoveries from a shallower target in February 2022, bringing the well's total volume to 2.5 trillion to 3.5 trillion standard cubic feet. As part of the latest contract, a new subsea pipeline will be built from the Zakum West Super Complex to the island of 85km. It also includes provisions for the construction, installation and testing of new platforms at the complex, as well as the new gas receiving centre on Das Island.

The company said that under Adnoc's domestic value scheme, more than 75% of the reward value will flow back to the UAE economy, and contractors will create jobs for Emiratis. Ahmad Al Suwaidi, CEO of Adnoc, said: "Lower Zakum is a strategic asset for Adnoc and the UAE, and in collaboration with our international partners, we will continue to responsibly unlock and deliver value in the sector in line with Adnoc's Smart Growth Strategy 2030. maximize. "Offshore. The award is an important part of a long-term development plan for the sector and will help strengthen Adnoc's position as a leading low-cost and low-carbon energy provider to customers around the world.

Adnoc Offshore has a production capacity of about 2 million barrels of oil per day and about 3 billion standard cubic feet of natural gas. Its operations span eight oil fields, six artificial islands, three natural islands and eight offshore super complexes. Keywords: engineering news, overseas news

The company's international franchise partners include ExxonMobil, Inpex-Jodco, CNPC, TotalEnergies, Cepsa, OMV, Eni and Falcon. Including the latest contract, Adnoc Offshore and its international partners have recently invested more than $5 billion in the long-term development of Abu Dhabi's offshore business. This includes more than $3.4 billion worth of contracts awarded to Adnoc Drilling to accelerate offshore growth activities, and $1.1 billion worth of contracts awarded to Adnoc Logistics and Services to improve offshore operations.Editor/XingWentao