1939 |
Concession awarded to Petroleum Development (Trucial Coast) Ltd.; PD (TC). |
 |
1947 |
Geological exploration began. |
|
1950 |
Drilling of first well at Ras Sadr commenced. |
|
1960 |
First commercial oil discovery-Bab field. |
|
1962 |
Second commercial oil discovery-Bu Hasa field and Company name changed to Abu Dhabi Petroleum Company, ADPC. |
|
1963 |
First shipment of crude (Murban) exported from Jebel Dhanna terminal. |
|
1965 |
Third commercial oil discovery-Asab field, and first relinquishment of part of the concession area. |
|
1966 |
Fourth commercial oil discovery-Shah field, and Company Main Office moved from Bahrain to Abu Dhabi. |
|
1967 |
Fifth commercial oil discovery-Sahil field. |
|
1973 |
Government of Abu Dhabi acquired 25% interest in the concession assigned to the Abu Dhabi National Oil Company, ADNOC. |
|
1974 |
Government interest increased to 60%. |
|
1978 |
Establishment of Abu Dhabi Company for Onshore Oil Operations, ADCO under Law No. 14 for 1978. |
|
1979 |
ADCO became the operating company for the concession. |
|
1982 |
Drilling commenced on Hudariat and Dabbi’ya man-made islands. |
|
1983 |
Commissioned Shah field. |
|
1984 |
Khuff gas discovery at Hail. |
|
1987 |
Completed full field development in Bu Hasa and Asab. |
|
1989 |
Re-commissioned Bab field. |
|
1990 |
Broke world record twice in short-radius horizontal drilling. |
|
1993 |
Commissioned three additional storage tanks at Jebel Dhanna with a capacity of one million barrel each, commenced early production scheme from Jarn Yaphour field, completed Bab field oil development project and celebrated 30th Anniversary of first crude shipment. |
|
1994 |
Commissioned early production scheme from Rumaitha, Shanayel & Dabbi’ya. |
|
1996 |
Commissioned Bu Hasa and Bab North gas injection projects, and completed construction of the 4th main oil pipeline. |
|
1997 |
Completed the second phase of the Housing Compound as well as Bab - Bu Hasa road project. |
|
1998 |
Completed new Headquarters Building project. |
|
1999 |
Completed Asab gas development project. |
|
2000 |
Completed three projects comprising Asab and Jebel Dhanna Office /Accommodation upgrades, two new Asab frame-6 generators and Shah infill wells. |
|
2001 |
Completed the refurbishment of Old Office Building in Abu Dhabi and the Jebel Dhanna infrastructure upgrade. |
|
2002 |
Completed Asab Zone A/B pilot gas injection, Bab new additional manifold, Bab infrastructure
upgrade, Bu Hasa two additional manifolds and Huwaila multiphase pump installation projects. |
|
2003 |
The following projects were completed: New RDS Manifolds (Asab), Vapour Recovery and
Minimised Flaring (Asab/Sahil), Water Injection Enhancement (Sahil), Vapour Recovery and Zero Flaring Pilot (Bab), Water Injection Power Skid Replacement (Bu Hasa) and FEED completed for Onshore Power Generation Integration (Fields General). |
|
2004 |
Completed six full field development subsurface models |
|
2005 |
Drilling activities witnessed considerable achievements. Commissioned Bab facilities expansion
and North East Bab accommodation projects. Best annual Contract performance since inception
in 2001, including annual LTIF rate of 0.16. |
|
2006 |
ADCO achieved highest annual oil production ever (about 1,363 Mbd) while honoring guidelines. Commissioned Huwaila facilities as part of the 1.4 MMbd Scheme. |
|
2007 |
Achieved highest annual production ever ((about 1379 Mbd) while honouring guidelines |
|
2008 |
- Agreement reached to undertake CO2 EOR pilot (first in the GCC region)
- Female employees started working in ADCO field locations |
|
| |
|
