ADMA-OPCO plans to raise production by 20-30%

By: Ramy Sameeh

Abu Dhabi-Mubasher: Abu Dhabi Marine Operating Company (ADMA-OPCO) is currently working on improving its operations through using new techniques that will contribute to increasing the company’s productivity by 20%-30%, said Ali Bin Harib Al-Muhairy, Senior Vice President of the company’s Drilling & Logistics Department.

On the sidelines of the Middle East Drilling Technology Conference and Exhibition held in Abu Dhabi, he added that the new techniques will contribute to lowering the operations’ costs by 10%.

Al-Muhairy said that all the company’s plans will not be postponed on the oil prices drop.

He noted that the ADMA-OPCO is continuing to develop the fields of Nasr, surface Alersbot and Um Lulu.

ADMA-OPCO earlier said that it seeks to raise it production capacity of crude oil to reach 270,000 barrels through developing the three fields.

Translated by: Julian Nabil

MUBASHER Contribution Time: 26-Jan-2016 10:19 (GMT)