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 08:12 2017 Tuesday ,28 November

Government launches a campaign to eliminate corruption

GMT 18:43 2018 Thursday ,20 September

Russian PM does not rule out expansion of trade wars

GMT 09:28 2017 Saturday ,30 December

Ski jumping: 40,000 to see Four Hills take leap of faith

GMT 19:31 2017 Sunday ,16 April

Iran to export gas to Iraq

GMT 03:14 2017 Monday ,17 April

Kazakhstan Ambassador hails ties with Oman

GMT 20:57 2017 Wednesday ,20 September

Dubai Customs launches Partners’ Happiness Lab

GMT 18:32 2017 Monday ,30 October

CBE governor directs banks to expand funding

GMT 14:58 2017 Sunday ,19 February

Dhoni removed as Pune captain, Smith to take over

GMT 14:35 2017 Thursday ,19 January

Naidu comes to the defence of 'Dangal' actress Zaira

GMT 18:06 2016 Tuesday ,06 December

HHA launches Geely X7 Sport 4WD in Saudi market

GMT 05:42 2017 Saturday ,01 April

Toshiba soars on reports of memory chip unit bid

GMT 16:00 2018 Tuesday ,30 October

Five killed in Daesh attack in central Libya

GMT 01:37 2018 Tuesday ,16 January

Education Minister congratulates Bahrain Bayan School

GMT 13:01 2015 Sunday ,23 August

New Suez Canal Project achievement for all Arabs
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