Abu Dhabi - Mubasher: The Abu Dhabi National Oil Company (ADNOC) on Monday announced that it would inject investments into one of its units, Al Dhafra Petroleum, to establish facilities and boost oil production from Haliba field.
Located along the south-east border of Abu Dhabi, Haliba is projected to start output with a capacity of 20,000 barrels per day (bpd) by mid-2019, then increasing to 40,000 bpd by 2020, according to a company statement.
Al Dhafra Petroleum has awarded an engineering, procurement, and construction (EPC) contract for the works to Larsen & Toubro (L&T) Hydrocarbon Engineering.
The first phase of the EPC work is planned to include 32 wells, along with the construction of a 65-kilometre pipeline to carry crude oil from Haliba field wells to ADNOC Onshore’s Asab Central Degassing Station for processing, the UAE-based firm stated.
“The infrastructure investment will increase our Group-wide production capacity and optimise our assets by utilising our existing onshore facilities, allowing ADNOC to develop previously untapped oil reserves in an efficient way,” director of upstream at ADNOC Abdulmunim Al Kindy said.
The Haliba Development Project’s Phase I is scheduled for completion in 2020, while phase II, which comprises the expansion of Al Dhafra Petroleum’s production capacity to over 40,000 bpd, will be finalised by early 2022, ADNOC revealed.
Al Dhafra Petroleum is a joint venture between ADNOC and Korea National Oil Corporation (KNOC), and GS Energy, which is represented by the Korean Abu Dhabi Oil Consortium (KADOC).
“L&T Hydrocarbon Engineering has been selected to deliver this project after a competitive tendering process, ensuring that as shareholders, ADNOC and KADOC, maximise value from the investment in Haliba,” Al Kindy concluded.
