Abu Dhabi
Main projects
Abu Dhabi Onshore Concession
| Contract area (block) |
Project status | Venture company (established) | Interest owned |
|---|---|---|---|
| Abu Dhabi Onshore Block | In production | JODCO Onshore Limited (April 15, 2015) |
JODCO 5% ADNOC 60% TotalEnergies 10% BP 10% CNPC 8% NPIC 4% GS 3% |
INPEX acquired a 5% interest in this concession in April 2015. The concession contains one of the world’s largest deposits of oil. Stable production of crude oil is currently underway at 11 onshore oil fields, with a combined production capacity of 2 million barrels per day.
Abu Dhabi Offshore Oil Fields
| Contract area (block) | Project status | Target Production Capacity | Venture company (established) | Interest owned |
|---|---|---|---|---|
| Lower Zakum Oil Field | In production | Approximately 450 thousand barrels per day | JODCO Lower Zakum Limited (January 25, 2018) |
JODCO 10% ADNOC 60% Consortium of three Indian companies 10% CNPC 10% TOTAL 5% ENI 5% |
| Upper Zakum Oil Field | Approximately 1 million barrels per day | Japan Oil Development Co., Ltd. (JODCO) (February 22, 1973) |
JODCO 12% ADNOC 60% ExxonMobil 28% |
|
| Satah Field/Umm Al-Dalkh Oil Field | Approximately 25 thousand barrels per day / Approximately 20 thousand barrels per day | JODCO 40% ADNOC 60% |
INPEX has been engaged in the development and production of oil fields offshore Abu Dhabi in the UAE since 1973. INPEX is now participating in the development and production of four offshore oil fields, namely the Upper Zakum Oil Field, which is one of the largest in the world, as well as the Lower Zakum, Satah and Umm Al-Dalkh Oil Fields. INPEX was appointed as the asset leader of the Lower Zakum Oil Field concession by ADNOC. As asset Zirku Island leader, INPEX plays a leading role in advancing development and is working closely with ADNOC and its partners to lift the oil field’s production capacity to 450 thousand barrels per day.
Onshore Block 4
| Contract area (block) | Project status | Venture company (established) |
Interest owned |
|---|---|---|---|
| Onshore Block 4 | Under exploration | JODCO Exploration Limited (February 6, 2019) |
JODCO 100% |
INPEX participated in the first-ever block bid round conducted by ADNOC in Abu Dhabi in the UAE in 2018 and was exclusively awarded Onshore Block 4 as the operator. After drilling exploratory wells from May 2021, we have discovered multiple oil and gas reservoirs. Currently appraisal work is underway aiming for early-stage development and production commencement.
Energy transition
The UAE is increasing the production of oil and natural gas to fulfill its responsibility as an energy supplier, while at the same time advancing the expansion of clean energy including hydrogen, ammonia and renewable energy toward the realization of a net zero society. INPEX also will promote low-carbon operations in existing projects based on ADNOC’s net zero by 2045 ambition and its target of reducing GHG intensity by 25% by 2030, and is considering collaboration on clean energy projects with ADNOC and Abu Dhabi Future Energy Company PJSC (Masdar), a renewable energy company.