Oil&Gas
South East Assets - Full Field Development (FFD) Project - Asab Sahil, Qusahwira & Mender
2017-12-21 15:00  点击:1
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Project Profile


Value: US$1 billion
Location: Southeast of the United Arab Emirates (UAE)
Production: 143,000 b/d
Start-up Year: 2017

Abu Dhabi Company for Onshore Oil Operations (ADCO) is activating the South East Full Field Development (FFD) project related to Asab Sahil, Qusahwira and Mender crude oil fields in the southeast of the United Arab Emirates (UAE). This project is part of Abu Dhabi program to reach 3.5 million barrels per day (b/d) production by 2018 as defined within the OPEC targeted quotas to maintain 40% market share of the global oil production estimated at that time. ADCO expects to implement the South East Full Field Development on rather fast track. To harvest the low hanging fruits from ADCO South East assets, this Full Field Development project includes:

- Asab 6 & 7
- Mender Phase-1
- Qusahwira Phase-2
- Sahil Phase-2

Together with the Mender crude oil field, which has never been turned into production so far, ADCO is aiming at the completion of this South East Full Field Development project in 2017. Asab is located 185 kilometres south of Abu Dhabi City and contributes so far to 73% of South East Hub production. Mender is bordering Saudi Arabia and Yemen at the extreme south of the Emirate, and was never developed so far. Qusahwira is lying also in the extreme south, 260 kilometres from Abu Dhabi, and is just completing the phase-1. Sahil stands 48 kilometres northeast Asab and its phase-1 provides 14% production of the South East Hub. ADCO is budgeting US$1 billion capital expenditure in the South East Full Field. South East Full Field Development project should add 143,000 b/d to ADCO production coming from:

- Mender 20,000 b/d
- Qusahwira 23,000 b/d
- Sahil 100,000 b/d


Operators:

ADCO - 60% (operator)

BP - 10%

Total - 10%

CNPC - 8%

Inpex - 5%

CEFC China Energy - 4%

GS Energy - 3%


Contractor:

WorleyParsons: FEED contract

China Petroleum Engineering and Construction Corp (CPECC): US$330 million deal to develop the Mender oilfield. The award will see CPECC build oil gathering stations, pipelines, power transmission lines and sewage systems at the field.
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