Exploration & Production

Abu Dhabi announces 425 bcm gas discovery

The discovery was announced at a meeting of Abu Dhabi's Supreme Petroleum Council.
By Staff reporter 6 November 2018 0 33186

Abu Dhabi has discovered 425 billion cubic metres of additional gas in place, Abu Dhabi National Oil Co. (ADNOC) said on Sunday. The discovery was announced at a meeting of Abu Dhabi’s Supreme Petroleum Council (SPC), which approved ADNOC’s new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per day (MMb/d) by the end of 2020 and 5 MMb/d by 2030.

ADNOC said the SPC’s approval will add potential resources that will enable the...