Project Profile
Location: 63 kilometres offshore Abu Dhabi, United Arab Emirates (UAE)
Production: 450,000 bpd
Start-up Year: 2020
ADNOC is reshaping its offshore concessions after having run them under the umbrella of Abu Dhabi Marine Operating Co. (ADMA-OPCO) for 65 years. The new 40-year licence will see ADNOC take a 60% stake in each of the five fields covered by ADNOC Offshore. These will be split into three concessions - one for the Umm Shaif and Nasr fields; one for the Satah al-Razboot (SARB) and Umm al-Lulu fields and one for Lower Zakum.
An Indian consortium of OVL, BPRL and IOC purchased a 10% stake in Lower Zakum in February 2018 for US$600 million, valuing the field at US$6 billion.
ADNOC Offshore is seeking to increase production capacity at Lower Zakum Field as part of its efforts to raise output from its five fields from 600,000 bpd to 1 mbpd by 2020.
Operator:
Abu Dhabi Marine Operating Company (ADMA-OPCO): Operator with 60% interest
PetroChina: 10% interest
ENI: 5% interest
Total: 5% interest
onGC Videsh Ltd (OVL), Indian Oil Corp. (IOC) and Bharat PetroResources Ltd (BPRL): 10% interest
Inpex: 10% interest
Contractor:
National Petroleum Construction Company (NPCC): Engineering, Procurement and Construction (EPC) contract
Technip: Project management consultancy
Sparrows Group: Five-year deal with ADMA-OPCO. The successful retender through the company’s local partner, Abu Dhabi Oilfield Services, will see Sparrows Group providing the operations and maintenance support to all cranes and lifting equipment aboard offshore platforms and the Al Hyleh Barge in the UAE and Zirku Islands. The agreement which covers ADMA-OPCO’s offshore installations – the Umm Shaif Super Complex, Zakum West Super Complex and the Zakum Central Super Complex – is initially a three year contract with the option for two one year extensions.