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Upstream

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Upstream

Business Model

We are exploring and developing new oil and gas fields within a total of three onshore and offshore locations in the Emirate of Abu Dhabi. Since it is thought that unconventional resources such as shale oil and gas can be found within our locations, we plan to draw upon the long experience of our sister companies and shareholders to capitalize on these assets

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Increase share of downstream technology in world demand1

Business

Strategy

We aim to run safe and reliable operations across all our businesses, supported by leading brands and technologies, to deliver high-quality products and services that meet our customers’ needs. Our strategy is to deliver underlying earnings growth and build competitively advantaged businesses. It is fit for now and fit for the future.

 

The execution of our strategy in 2018 has continued to deliver, with underlying replacement cost profit growing to $7.6 billion in the year.

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Strategy 2030 yy

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12

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Largest oil producer in the world

4

Million

Barrels per dayy

151

Oil transportation & support vessels

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ENERGY FOR LIFE15

“It's spectacular to find a brilliant and fun enviorment to take on the obstacle race of developing a energy company. ADNOC screened and brought together an incredibly high caliber group of motivated people.”

Ahmed Al Suwaid CTO

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ENERGY FOR LIFE15

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ENERGY FOR LIFE2

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ENERGY FOR LIFE2

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ENERGY FOR LIFE3

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ENERGY FOR LIFE3

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Related tags to Downstream

Downstream Carbon Technology Adnoc Crude Oil Sustainability

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Onshore

We are the legacy producer within ADNOC, with our historic operations dating back as far as 1939, an...

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Our Projects

ADNOC is exploring further and deeper with the help of cutting-edge technologies to find new pockets...

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