Country report
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42 Pages

United Arab Emirates upstream summary

United Arab Emirates upstream summary

Report summary

The United Arab Emirates (UAE) is a major oil producing and exporting country located on the Arabian peninsula. The country is a confederation of seven states, or emirates, of which Abu Dhabi and Dubai are by far the most important politically and economically. Most of the UAE's oil and gas production (>95%) is in Abu Dhabi. Abu Dhabi started producing oil in the early 1960s and became a member of OPEC in 1967, four years before the different parts of the UAE united to become one country. The UAE is strategically located at the foot of the Persian Gulf. The country has a coastline on the Gulf and one facing the Arabian Sea opening out to the Indian Ocean. Onshore oil production is exported from terminals on the Gulf coast and there are offshore terminals located on Das and Zirku Islands off Abu Dhabi. The ADGAS LNG plant is also based on Das Island.

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.16 MB 42 Pages, 18 Tables, 20 Figures
  • Country Overview XLS - 756.50 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
    • Oil & NGLs production
    • Gas production
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Regional Tectonic Framework
      • Major Petroleum Plays
  • Exploration
    • Licensing
    • Abu Dhabi
      • ADCO expiry
      • Recent Abu Dhabi awards
    • Dubai and the Northern Emirates
      • Dubai
      • Northern Emirates
    • Drilling
      • Drilling activity
      • Success rates
  • Reserves and resources
    • Oil
    • Gas
  • Production
    • Oil/Liquids
    • Crude Oil
    • NGLs
      • Export pricing and policy
      • OPEC policy
    • Gas
  • Infrastructure
    • Introduction
    • Oil infrastructure
    • Current refinery infrastructure
      • Ruwais Refinery Expansions / Project
      • Fujairah Refinery Project
    • Gas infrastructure
    • Gas Processing Facilities
      • ADGAS LNG Plant
      • GASCO Facilities
      • Integrated Gas Development
      • LNG Import Terminals
  • Costs
    • Introduction
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
  • Policy and regulation
    • Key legislation
    • Political background
      • Abu Dhabi
      • Dubai
      • Sharjah
    • Regulatory body
      • Abu Dhabi
      • Dubai
      • Sharjah
    • State oil company
      • ADCO
      • ADMA-OPCO
      • ZADCO
      • ADGAS
      • GASCO
    • Licensing
  • Fiscal terms
    • Overview
    • Upstream
      • Technical Evaluation Agreements
    • Midstream/Downstream
      • Pipelines
      • Gas utilisation
    • Current fiscal terms
    • Concession Agreements, from 1953 to Recent
    • Contract Term
    • Obligatory work programme
    • State Equity Participation
      • Participation Rate
    • Bonuses, rentals and fees
      • Signature bonuses
      • Production bonuses
      • Area rentals
      • Other bonuses and fees
    • Royalty
    • Product Pricing
      • Liquids Pricing
      • Natural Gas Pricing
    • Corporate (or Petroleum) Income Tax
      • Tax Rate
      • Taxable Income
      • Fiscal/Contractual Ring Fences
    • Sample Cash Flow - Concession terms
    • Historical background
      • Pre-1980
      • Relinquishment

In this report there are 38 tables or charts, including:

  • Executive summary
    • Liquids and Gas Production 2016
    • Sales Gas Production
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Location maps: Image 1
  • Key companies
    • Liquids and Gas Production 2016
    • Remaining Commercial and Technical Reserves at 01/01/2016
  • Geology
    • UAE: Sedimentary Basins
    • Geology: Image 2
  • Exploration
    • Abu Dhabi
    • Northern Emirates
    • Exploration Drilling by Region
    • Drilling Activity by Well Type
    • Drilling Activity and Commercial Success Rates
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Reserves Oil, Other Liquids and Gas
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquid Production (Crude Oil & NGLs)
    • Production: Table 3
    • Production: Table 4
    • Sales Gas Production
  • Infrastructure
    • Oil infrastructure map
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Infrastructure: Table 3
    • Gas Infrastructure Map
    • Infrastructure: Table 4
  • Costs
    • Country Capital Expenditure (US$ Million)
    • Operating Expenditure by Region (US$ Million)
  • Policy and regulation
    • ADNOC Directorates and Subsidiaries
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • Fiscal terms: Table 5
    • GEM models
    • Fiscal terms: Table 7
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