Saudi Health Sector Readiness Reaches 92 Percent

Saudi Arabia has reported significant progress in...

Saudi Industrial Sector Grows With New Licenses

Saudi Arabia’s industrial sector continued its upward...

Bahrain Committee Begins Documenting National Resilience

Bahrain has begun implementing a national initiative...
HomeBusinessADNOC Drilling Ready...

ADNOC Drilling Ready to Expand UAE Oil Output

ADNOC Drilling says it is prepared to support a significant increase in the United Arab Emirates’ oil production capacity, potentially beyond planned targets, if formally approved by the country’s energy authorities.

Speaking to Reuters, the company’s chief financial officer Youssef Salem said the firm is ready to meet any production requirements set by the Abu Dhabi National Oil Company, as the UAE continues to expand its upstream energy capabilities.

The UAE is aiming to raise production capacity to around 5 million barrels per day by 2027, with earlier statements from officials suggesting the possibility of reaching up to 6 million barrels per day depending on future demand and investment decisions.

ADNOC Drilling has accelerated its expansion in recent years, deploying more rigs ahead of schedule and strengthening its partnerships with international energy service providers. The company says its operational base is already positioned to handle higher drilling activity if required.

Salem noted that drilling operations have remained stable despite regional geopolitical tensions and disruptions affecting Gulf shipping routes. The company has maintained high operational availability and continues to rely on alternative logistics routes and stockpiling strategies to reduce risk exposure.

Energy officials have also been advancing large-scale upstream projects, including unconventional gas and oil developments in partnership with international firms, as the UAE seeks to strengthen long-term energy output and diversify its production base.

The developments come as Gulf energy producers continue to balance market demand, investment in capacity expansion, and regional stability concerns, particularly around key maritime routes.

Submit Your Article

Share your story with Khaleej Telegraph readers

Minimum 300 words recommended

Our editorial team will review your submission within 48 hours

Continue reading

Saudi Acwa Eyes New Green Energy Projects In Morocco

Saudi energy company Acwa Power is exploring new investment opportunities in Morocco as it seeks to expand its presence in renewable energy, seawater desalination and green hydrogen projects. The Saudi utility giant, one of the region's leading developers of power...

Saudi Arabia And Egypt To Build Joint Satellite

Saudi Arabia and Egypt are set to develop their first jointly built satellite after the Saudi Cabinet approved a new initiative aimed at expanding cooperation between the two countries in the space sector. The project will be carried out through...

Report Alleges Expanded Qatar-Iran Cooperation Since 2018

A foreign intelligence assessment cited by Israeli public broadcaster Kan has alleged that Qatar provided economic and military-related support to Iran over several years, as ties between the two countries deepened following the collapse of the 2015 nuclear agreement. According...