ZADCO

AcronymDefinition
ZADCOZakum Development Company (Abu Dhabi, United Arab Emirates)
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The presentation will also explain how this solution allowed Zadco to optimise its drilling programme whilst meeting and exceeding the Environmental Impact Assessment guidelines and regulations set by Zadco and Adnoc.
The international shareholders in ZADCO are ExxonMobil (28%) and JODCO (12%).
"A window cleaner's station was hanging and hitting buildings around, breaking glass and causing damage," a ZADCO employee said.
ZADCO aims to increase the production rate from Upper Zakum from 550,000 to 750,000 barrels of oil per day, sustainable for 25 years.
Its three main oil producing units are consortia: ADCO, ADMA-OPCO and ZADCO. The three groups include the biggest IOCs.
ZADCO hopes to maintain the 750,000 b/d plateau for up to 25 years.
Commenting on the project, Omar Zoubi, general manager Metito Abu Dhabi said; "Metito is thrilled to conduct its first business agreement with ZADCO".
Technip, in a consortium with National Petroleum Construction Company (NPCC), was awarded by Zakum Development Company (ZADCO) a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K project in Abu Dhabi, UAE.
Technip (Paris:TEC.PA) announced today, that, in a consortium with National Petroleum Construction Company (NPCC), it has been awarded by Zakum Development Company (ZADCO) a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K Project in Abu Dhabi, UAE.
The deal is Technip's second this month in the region, after the French firm secured a contract with UAE-based National Petroleum Construction Company (NPCC) to build an offshore oil field for Abu Dhabi's Zakum Development Company (Zadco).
Another major upcoming project is the ZADCO oilfield development and has an estimated budget of $10 billion, it said.
Abu Dhabi's Zakum Development Company (Zadco) has confirmed an outage at its Upper Zakum field but said it was for normal maintenance and would not affect monthly average production.