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February 5, 2015

Oil production starts at Nasr offshore field in Abu Dhabi

Inpex, via its subsidiary Japan Oil Development, has started oil production at the Nasr offshore oilfield in Abu Dhabi, UAE.

Inpex, via its subsidiary Japan Oil Development, has started oil production at the Nasr offshore oilfield in Abu Dhabi, UAE.

Full development on the field, situated around 130km north-west of Abu Dhabi City, is under way and upon completion, production is expected to increase to 65,000 barrels per day.

"Oil will be transported through an existing subsea pipeline to Das Island and delivered to customers in Japan and other Asian countries as Das Crude."

The field is developed jointly by Inpex, Abu Dhabi National Oil Company (ADNOC), BP and Total.

Production in the first development phase commenced using existing facilities of the Abu Al Bukoosh (ABK) and Umm Shaif oilfields, situated near the Nasr field.

Oil will be transported through an existing subsea pipeline to Das Island and delivered to customers in Japan and other Asian countries as Das Crude.

Inpex holds a 12% interest in the project, while ADNOC, BP and Total own 60%, 14.67% and 13.33% stakes, respectively.

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Inpex has been engaged in the oil development business via Japan Oil Development and INPEX ABK in Abu Dhabi for more than 40 years.

The company holds participating interests in the producing oil fields of Umm Shaif, Lower Zakum, Umm Lulu2, Nasr, Upper Zakum3, Umm Al-Dalkh, Satah and ABK.

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