Effectively produce hydrocarbons from offshore areas
Firstly established as Abu Dhabi Marine Areas Limited (ADMA) to explore and produce offshore Abu Dhabi oil and gas, Abu Dhabi Marine Operating Company (ADMA-OPCO) exported the first tanker of crude from Das Island to Japan in July 1962.
Named British tanker, this first export vessel was celebrating the successful development of the Umm Shaif field in the Trucial Coast by British team who came in as early as 1950 and drilled the first well in 1958.
In 1972, Japanese partners stepped in ADMA with Japan Oil Development Corporation (JODCO) buying 45% of BP‘s shares in ADMA.
Through the General Agreement on Participation, ADNOC took over 60% of the interests in ADMA and became the reference shareholder.
Few years later, in 1972, ADMA made the last step in becoming the operator of the joint venture and was renamed Abu Dhabi Marine Operating Company (ADMA-OPCO).
Today, the interests in ADMA-OPCO are shared between the partners such as:
– ADNOC 60% is the operator
– BP 14.66%
– Total 13.33%
– JODCO 12%
Since 1962, ADMA-OPCO main assets rely on the tow giant offshore oil and gas fields of Umm Shaif and Zakum.
These fields are producing crude oil for 50 years and still offer recoverable reserves for major developments.
Umm Shaif is located 150 kilometers offshore north from Abu Dhabi, but only 36 kilometers from Das Island to allow the crude oil to be exported from the production platforms to Das Island by pipeline for processing and shipment.
Zakum, or Lower Zakum, contains more oil and gas reserves than Umm Shaif, but saw the first well drilled in 1963, 63 kilometers from Abu Dhabi and 81 kilometers from Das Island.
Despite the longer distance, Zakum crude oil production is also exported to Das Island for treatment and shipping.
Located 160 kilometers from Abu Dhabi, Das Island is ADMA-OPCO main operating center.
ADMA-OPCO Key Figures
As national oil company, ADMA-OPCO does not publish revenues and earnings.
2010 Natural gas production 1,8844 million cf/d
– 1,115 million cf/d were sold
– 664 million cf/d were reinjected
– 65 millioncf/d were consumed or flared
Adma-Opco Projects and Business Highlights
Within ADNOC, ADMA-OPCO stands on the front row as it represents more than 40% of the total crude oil production.
Therefore ADMA-OPCO is ADNOC spearhead to meet the quotas of production agreed with OPEC for 2017.
For Abu Dhabi and ADNOC it means to increase the volume from the actual 1.1 million b/d to 1.75 million b/d.
The giant projects Umm al Lulu and Satah al Razboot (Sarb), Habshan -Taweelah, and Upper Zakum are developed in that perspective.
With $2 billion capital expenditure, Umm al Lulu and Sarb should add 200,000 b/d production.
The corresponding engineering, procurement and construction (EPC) contracts should be awarded on the next weeks:
– Umm al Lulu Package 1 (EPC-1) includes six wellhead towers and the infield subsea pipeline
– Umm al lulu Package 2 (EPC-2) contains the processing facilities and living quarter
– Satak al Rasboot Package 3 (Sarb EPC-3) is about the 190 kilometers export pipeline to Zurku Island and 4 risers platforms with 4 flares
– Satah al Rasboot Package 4 (Sarb EPC-4) involves the civil work for the construction of the two artificial islands Sarb 1 and Sarb 2 already in progress 120 kilometers northwest coast of Abu Dhabi.
Umm al Lulu and Sarb project will require 62,000 tonnes of fabrication, 200 kilometers of pipelines and 150 kilometers of cables.
Then ADMA-OPCO is cautious about the environment as well as Abu Dhabi is running short of gas.