Lower Zakum LTDP-2

Lower Zakum LTDP-2 Oil and Gas Field Profile

Location

The Lower Zakum LTDP-2 Oil and Gas Field is located offshore in the United Arab Emirates, specifically within the Lower Zakum complex. The approximate coordinates are 24.853, 53.662 (WGS 84).

Project Status and Details

• Status: The project is currently in development.
• Operator: While the specific operator is not mentioned, the field is part of the broader operations managed by Abu Dhabi National Oil Company (ADNOC).
• Ownership:
  • Abu Dhabi National Oil Company (ADNOC): 60.0%
  • INPEX Corporation: 10.0%
  • ONGC Videsh Limited: 10.0%
  • PetroChina: 6.0%
  • Other stakeholders: 14.0%.

Discovery and Development

• Discovery Year: 1963
• Final Investment Decision (FID) Year: 2023
• Expected Production Start Year: 2028.

Production and Reserves

• The Lower Zakum LTDP-2 project is part of the larger Lower Zakum complex, which includes the Lower Zakum conventional oil field and the Lower Zakum LTDP-1 project.
• The Lower Zakum conventional oil field has recovered 55.32% of its total recoverable reserves, with peak production expected in 2028. Production from the entire Lower Zakum complex is anticipated to continue until the field reaches its economic limit in 2062.

Expansion and Capacity

• The Lower Zakum LTDP-2 project is one of the expansion projects aimed at increasing the production capacity of the Lower Zakum field.
• The EPS-2 project, associated with the Lower Zakum field, aims to increase the output by 50,000 barrels per day (bpd), targeting a production capacity of 490,000 bpd in the coming years.
• The Lower Zakum LTDP-1 project, another part of the expansion, aims to increase production to 450,000 bpd by 2025 and 500,000 bpd by 2028.

Contractors and Partners

• Design/FEED Engineering: John Wood Group
• Main EPC Contractors: Abu Dhabi National Oil, Emdad, Rockwell Automation, and National Marine Dredging
• EPC Contractors: McDermott International, Lamprell, Control Contracting & Trading, and Target Engineering
• Other Contractors: Abu Dhabi National Oil, ArcelorMittal, Control Contracting & Trading, Amarinth, and Abu Dhabi Oilfield Services.

Operational Context

• The Lower Zakum LTDP-2 project is part of ADNOC's broader strategy to ramp up oil production capacity to 5 million bpd. ADNOC is responsible for the development, production, and delivery of oil and gas resources in Abu Dhabi waters, managing nine fields including the Lower Zakum complex.

Technological and Operational Enhancements

• ADNOC is leveraging advanced technologies such as data integration, artificial intelligence, and autonomous robots to optimize operations and enhance safety, efficiency, and profitability. The newest super complexes, including those at Nasr and Umm Lulu, are digital smart fields that incorporate these technologies.