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  • ADNOC Takes Next Step in Growing its Downstream Operations by Commissioning New Unit to Extract Maximum Value from Heavy Oils and Slurry
    édité le 04/09/2018 - Plus de news de "ADNOC" - Voir la fiche entreprise de "ADNOC"


ADNOC Takes Next Step in Growing its Downstream Operations by Commissioning New Unit to Extract Maximum Value from Heavy Oils and Slurry
ADNOC Refining, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced, today, it has successfully completed the commissioning of a specialized coker unit, as part of its Carbon Black and Coker Project. With this, ADNOC will extract the maximum value from ‘bottom-of-the-barrel’ heavy oils and slurry, as it delivers on its aggressive Downstream strategy.

ADNOC’s Carbon Black & Coker Project incorporates a coker, known in the oil and gas industry as a ‘delayed coker’, that will allow ADNOC Refining to recover highly specialized and valuable grades of carbon black and calcined coke. Not only will it create higher value from what would otherwise be used for low value fuel oil, but both products are essential to industrial processes within ADNOC subsidiaries and other UAE industries, potentially removing the need to import costly raw materials.

Increasing the flexibility of ADNOC’s refining assets to stretch the value of every barrel of oil – and produce additional feedstocks and additives for the petrochemical industry – is a key pillar of ADNOC’s Downstream expansion strategy, announced at its Downstream Investment Forum earlier this year. The strategy will see ADNOC become a world-class producer, supplier and trader of refined and petrochemical products, as it focuses on growth markets in Asia, including China.

ADNOC’s multi-billion-dirham Downstream investment program will see the company’s refining capacity increase by more than 65%, or 600,000 bpd, by 2025, through the addition of a third refinery, creating a total capacity of 1.5 million barrels per day (mbpd). The new refinery will significantly increase the capability, flexibility and output of Abu Dhabi’s refining operations by adding to the range of crudes that can be processed. ADNOC also plans to build one of the world’s largest mixed feed crackers, which will enable it to produce additional feedstocks and additives for the petrochemicals industry.

Abdulaziz AlHajri, Director of ADNOC’s Downstream Directorate, said: “At the heart of our Downstream strategy is an AED 165 billion (US $45 billion) investment, over the next five years, that will create the world’s largest integrated refining and petrochemicals hub in Ruwais, where ADNOC will convert 20% of its crude to chemicals, tripling petrochemical production capacity to 14.4 million tons per year, by 2025. In parallel, ADNOC intends to build an international, integrated Downstream presence, including securing additional crude refining capacity in growth markets.”

About the Abu Dhabi National Oil Company (ADNOC)

ADNOC is one of the world’s leading oil and gas companies and is fully owned by the government of the Emirate of Abu Dhabi. The company was founded in 1971 and is active in all areas of the oil and gas industry.
It has 17 specialized subsidiaries and joint ventures operating in both upstream and downstream sectors. The ADNOC Group is active in the United Arab Emirates and across the whole world and produces more than 2.7 million boe a day. In the past few years, significant achievements were made in the expansion of the development of gas fields to meet the increased demand from industry gas users; and gas injection requirements in order to enhance the oil and condensate recovery from the producing fields.
While carrying out all its business activities, ADNOC is committed to sustainable development, ensuring a harmonious balance between people’s needs and Earth’s resources, adhering to the best international practices and supporting all programs and initiatives of environment protection while its track record in HSE sets the standard not only at the regional Gulf level but at the international level as well.


Origine : Communiqué ADNOC

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