Abu Dhabi National Oil Company plans to accelerate the deployment of digital technology to increase its production capacity to 5 million barrels per day by 2030, as it looks to generate cost efficiencies and cut emissions.
"Our target is basically to increase production capacity by 25 per cent by 2030, increase ultimate recovery from our reservoirs to 70 per cent and significantly lower unit technical cost from our industry leading low base," Mohamed Al Marzouqi, senior vice president, development at Adnoc told The National in an interview.
On Monday, Adnoc said it generated $1.1 billion in business value through the deployment of Big Data and analytics at its Thamama Centre, which oversees upstream operations. The company accrued $2bn in cost savings over the last five years by employing advanced technology and digitalisation to optimise its drilling operations.
The centre is instrumental in reducing exploration costs "by hundreds of millions of dollars", the company said in a statement.
Mr Al Marzouqi said the centre, which helped the company streamline operations during the pandemic is currently looking at technology that can improve realisation rates by nearly a "1000 times".
"If we're taking years to develop certain development scenarios, we'll try to do it in days. Basically, we have a clear roadmap, around these mandates internally within Thamama," he said.
The Thamama centre, which is named after the most dominant reservoir formation in Abu Dhabi is part of the company's ongoing investments in advanced technology, digitalisation and artificial intelligence, in order to drive greater efficiencies.
The UAE accounts for 4.2 per cent of global oil output, much of it from fields managed by Adnoc. The national oil company plans to raise its production capacity to 5m bpd by 2030 from just over 4m bpd at present. Efficiencies generated by technology deployed at Thamama are key to responding to market dynamics and furthering the development of its upstream expansion.
"The value generated by Thamama since its start in 2017 highlights how Adnoc is harnessing advanced technologies, digitalisation and Big Data as well as deep engineering expertise to maintain Adnoc's position as a leading low cost and low carbon player in our industry," said Adnoc upstream executive director Yaser Saeed Al Mazrouei.
He was speaking on the sidelines of the Adnoc Innovation Week, which is taking place from February 21 to 25.
Adnoc is hosting a number of events to coincide with the UAE Innovation Week, including the first roundtable for chief technical officers from international energy companies.
"Thamama is also helping us to nurture the UAE’s next generation of engineers and data scientists, as well as serving as a hub to harness AI solutions together with the recently established joint venture between Adnoc and G42, AIQ," Mr Al Mazrouei said.
Last October, Adnoc formed a joint venture known as AIQ with Abu Dhabi artificial intelligence firm Group 42 to develop and commercialise AI products and applications for the oil and gas industry.
A month later, AIQ, Group 42 and the world's largest energy services firm, Schlumberger, agreed a deal to develop and sell AI products for the global exploration and production market.
A key metric at Adnoc's Thamama centre is not only reduction of costs, but also carbon footprint.
"The mandate needs to be achieved. [We need to be] efficient on the carbon and on the cost," Mr Al Marzouqi said.
Digital initiatives in reservoir modelling are helping offset carbon emissions by identifying cost-effective ways for CO2 injection into reservoirs while boosting production.
Thamama's technology initiatives include co-development of one of the world's largest oil rim and gas cap reservoirs.
The initiative will help the company "monetise several trillion cubic feet of gas and associated condensate while maximising the oil value," Adnoc said.
The Thamama centre is also optimising field development costs by designing wells with custom-fit completions and deploying them at scale.
The centre is home to 15 new digitalisation projects in Thamama that offer potential to deliver around $500m in additional value per year when fully deployed over the coming years.
Thamama is also helping accelerate Adnoc's seismic survey, providing 100 petabytes of high-resolution images of the sub-surface across Abu Dhabi, which is then turned into prospects by Adnoc experts. A petabyte is the equivalent of 1,000 terabytes.
Adnoc's digitalisation is also supported by the Panorama Digital Command Centre, which oversees operations across the value chain in realtime. The centre has so far generated over $1bn in value since inception.
The company has also found AI applications for value chain optimisation, predictive maintenance, and blockchain-based hydrocarbon accounting.
Tips for used car buyers
- Choose cars with GCC specifications
- Get a service history for cars less than five years old
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- Check for oil leaks
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- Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
- If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell
Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
COMPANY%20PROFILE%20
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Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
The%20specs
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
THE SPECS
Engine: 2.0-litre four-cylinder turbo
Transmission: eight-speed automatic
Power: 258hp at 5,000-6,500rpm
Torque: 400Nm from 1,550-4,400rpm
Fuel economy, combined: 6.4L/100km
Price, base: from D215,000 (Dh230,000 as tested)
On sale: now
UAE currency: the story behind the money in your pockets
Common%20symptoms%20of%20MS
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
Fighting with My Family
Director: Stephen Merchant
Stars: Dwayne Johnson, Nick Frost, Lena Headey, Florence Pugh, Thomas Whilley, Tori Ellen Ross, Jack Lowden, Olivia Bernstone, Elroy Powell
Four stars
