Five-Year Plan and Financial Outlook
The Middle East
Building strategic presence and gaining access to Upstream oil & gas asset as well as Midstream Complex
UAE
Oman
Abu Dhabi Offshore 1,2 and 3
• High potential prospective resources with significant sizeable
discoveries
• Located North-west of Abu Dhabi Emirates, United Arab Emirates
• Granted the award for exploration in January 2019-2020
•
Operated by Eni Abu Dhabi B.V. (70% interest)
Persian
Gulf
Abu Dhabi offshore 3
Abu Dhabi
Offshore 1
AGP
U.A.E.
PDO
(Block 6)
ADNOC Gas Processing (AGP)
• One of the largest gas processing complexes in the world
(total capacity of 8 BCFD)
JV: 3 plants with capacity of 1.2 BCFD
Adnoc: 2 plants with capacity of 6.9 BCFD
• Essential to Abu Dhabi and UAE's economy
• Sizeable volumes of Propane, Butane and Naphtha offtake
• Operated by ADNOC (68% interest)
Abu Dhabi
Offshore 2
Oman Onshore
block 12
*Block awarded in 2019
**Block awarded in 2020
Production phase
Exploration phase
Midstream
OMAN
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PTTEP
OLNG
Block 61
Mukhaiza
(Block 53)
PDO (Block 6)
• Largest asset covering around
1/3 of the country
⚫ Long-life asset, produced only
15% of reserves in-place
• Average oil production volume
of 627 KBPD in Q22021
• Operated by Petroleum
Development of Oman
(Joint Operating Company)
•
Mukhaizna (Block 53)
• Largest single onshore
producing field in Oman
Average oil production volume of
96 KBPD in Q22021
• Operated by Occidental
Petroleum (47% interest)
Oman Onshore Block 12
• Located onshore central part of
the Sultanate of Oman
·
Signed agreement with Oman's
Ministry of Oil and Gas (MOG) for
exploration and production rights
in February 2020
• Operated by Total E&P Oman
Block 12 B.V. (80% interest)
Oman Block 61
Largest tight gas development in
Middle East
• Gas and condensate production
capacity of 1,500 MMSCFD and
69,000 BPD respectively
• Operated by BP Exploration
(Epsilon) Limited (40% interest)
Oman LNG
• The only LNG facility in Oman
Processing capacity 10.4 MTPA
•
• Contracted LNG sales to
international buyers: Japan
and South Korea
• Government of Oman 51%
(Operator)
Energy Partner of ChoiceView entire presentation