adnoc to launch new crude blend as part of strategy to maximise value
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ADNOC to launch new crude blend as part of strategy to maximise value

Arab Today, arab today

Arab Today, arab today ADNOC to launch new crude blend as part of strategy to maximise value

ADNOC to launch new crude blend as part of strategy to maximise value
Abu Dhabi - Arab Today

The Abu Dhabi National Oil Company, ADNOC, has announced plans to launch Umm Lulu Crude Oil, a new crude blend produced from its Umm Lulu and SARB fields, operated by ADNOC Offshore.

Umm Lulu Crude Oil, which has an expected API density of around 39 degrees and sulphur content of around 0.7 percent weight percent, is a light crude, rich in light middle distillates with a low sulphur and metal content. The first exports of Umm Lulu Crude Oil are anticipated in Q1 2018, and production will increase gradually over the coming five-year period.

Abdulla Salem Al Dhaheri, ADNOC’s Marketing, Sales and Trading Director, said, "In line with ADNOC’s 2030 strategy and five-year business plan, we are constantly seeking ways to maximise the value of our resources and increase profitability. Blending of the Umm Lulu and SARB crudes will improve production, storage, and export flexibility, while also providing our customers with greater choice."

The Umm Lulu super complex is one of the largest super complexes to be installed offshore Abu Dhabi and will be one of the largest offshore oil and gas complexes in the Middle East. The first oil from the Umm Lulu Phase-1 was produced in October 2014.

As part of the Satah Al-Razboot (SARB) Full Field Development Project, two artificial islands, SARB North and SARB South, have been constructed on the northwest coast of Abu Dhabi and drilling operations are underway. Processing, storage and export of Umm Lulu and Sarb crudes will be from Zirku Island.

Umm Lulu Crude Oil joins the ADNOC crude family which includes the onshore grade Murban and offshore grades Das Crude and Upper Zakum.

In line with its 2030 Strategy and five-year business plan, ADNOC is on track to increase its total crude oil production capacity to 3.5m bpd by the end of 2018.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adnoc to launch new crude blend as part of strategy to maximise value adnoc to launch new crude blend as part of strategy to maximise value

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adnoc to launch new crude blend as part of strategy to maximise value adnoc to launch new crude blend as part of strategy to maximise value

 



GMT 03:53 2017 Wednesday ,11 January

The UAE announces legal system for venture capital funds

GMT 11:35 2017 Thursday ,07 September

Actor Ali Rabei reveals his future works

GMT 06:18 2017 Thursday ,28 September

Russian women desperately seek daughters

GMT 19:27 2018 Tuesday ,04 September

RCO: to honour 535 students high-achievers

GMT 07:02 2017 Saturday ,23 December

Obama says will 'degrade and destroy' Islamic State

GMT 12:34 2017 Wednesday ,15 November

Sad farewell for Italian football legend Buffon

GMT 13:38 2018 Thursday ,13 December

Maduro says meeting with Putin most useful in his career

GMT 15:52 2016 Wednesday ,27 April

300 cars arrive at Port Tawfiq port

GMT 11:41 2017 Sunday ,24 September

Di Maio: the face of populists eyeing power in Italy

GMT 07:31 2017 Thursday ,18 May

Oman keen to boost economic ties with Egypt

GMT 07:24 2017 Wednesday ,27 September

Ben Yedder hat-trick eases Sevilla past Maribor

GMT 11:13 2016 Thursday ,20 October

Renault-Nissan's Ghosn to head Mitsubishi Motors
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday