The Oil & Gas Year Abu Dhabi 2013
Abu Dhabi’s oil wealth has given it a GDP per capita of $109,000 and a healthy trade surplus. However, in order to sustain the level of prosperity achieved in recent years, the government will have to combat the emirate’s non-oil trade deficit and take long-term measures to ensure the diversification of the economy away from a reliance on oil and gas.
The Oil & Gas Year Abu Dhabi 2013 spoke to the people who matter as the UAE prepares ambitious plans to increase oil production from its current rate of 2.7 million barrels of oil per day to 3.5 million barrels of oil per day by 2017 and boost natural gas production. To do this, hydrocarbons firms are investing heavily in new technologies to increase recovery rates in the emirate’s more mature fields. Advanced drilling methods are being used, in addition to digital oilfield systems and reservoir modelling.
The book features unparalleled maps and diagrams of Abu Dhabi that quickly explain the details of Abu Dhabi’s vast offshore hydrocarbons developments.
The Oil & Gas Year Abu Dhabi 2013 is packed with interviews led by the TOGY Abu Dhabi 2013 Man of the Year H.E. Abdulla Nasser Al Suwaidi, director general of the Abu Dhabi National Oil Company. The book also includes the opinions of the general manager of BP in the UAE Abdulkarim Al Mazmi, as well as John Barry, Shell’s vice president technical and production for the Middle East and North Africa, and many others.
The Oil & Gas Year Abu Dhabi 2013 is a vital guide for investors considering the best approach to a critical market.