ADNOC signs agreements with Japan, Bergen University
ADNOC has signed a tri-partite memorandum of cooperation with Japan’s Ministry of Economy, Trade and Industry and the Japan Oil, Gas and Metals National Co.
ABU DHABI, UAE – ADNOC (Abu Dhabi National Oil Co.) has signed a tri-partite memorandum of cooperation with Japan’s Ministry of Economy, Trade and Industry (METI) and the Japan Oil, Gas and Metals National Co. (JOGMEC).
This establishes a framework for cooperation on strategic business development; upstream technical cooperation; and training and development programs for ADNOC employees.
In 2016, ADNOC’s crude oil exports to Japan averaged 513,000 b/d, accounting for around 25% of the country’s crude oil imports. These started in 1962 from Abu Dhabi’s offshore Umm Shaif field.
Since then, Japanese companies have partnered with ADNOC to develop the emirate’s oil and gas resources. Japan Oil Development Co. (JODCO) has a 40% share of the Satah concession; 12% of the Umm Al-Dalkh concession; and 12% of the Upper Zakum concession, operated by ZADCO.
In addition, JODCO has a 12% share of the ADMA concession and 5% of the ADCO concession, while Mitsui has a 15% stake in the ADGAS joint venture.
ADNOC has also signed an agreement with the Center of Integrated Petroleum Research (CIPR) at Bergen University, Norway, to conduct applied research into enhanced oil recovery techniques to extend the lives of ADNOC’s oil reservoirs.
Under the agreement, Emirati ADNOC employees with a PhD degree scope will undertake research at CIPR alongside other researchers in this field.
ADNOC and CIPR plan to jointly investigate various EOR applications, with the aim of de-risking the different technologies and preparing for future full field expansion those solutions that demonstrate the best deployment value.
Some of these technologies could be implemented as industry firsts under local reservoir conditions, ADNOC claimed.
The company’s goal is to recover up to 70% of oil in place at the end of field life. Currently, water flooding of ADNOC’s reservoirs, along with other secondary recovery schemes, allows up to 50% of the oil in place to be recovered.