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ADNOC plans oil-production capacity hike

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ADNOC plans oil-production capacity hike

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NewsPoster Joined: Mon Aug 30, 2010 9:56 am Posts: 20756	ADNOC plans oil-production capacity hike OGJ Exploration News Abu Dhabi targets self-sufficiency in natural gas and expansion of oil-production capacity to 5 million b/d by 2030 under an expanded budget approved Nov. 4 by the Supreme Petroleum Council (SPC). Announcing capital investment growth of $132.33 billion during 2019-23, the SPC reported recent indicated discoveries of 1 tcf of natural gas in place and 1 billion bbl of oil in place. Read more
Tue Nov 06, 2018 6:49 am
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