The United Arab Emirates (UAE) decided to continue its crew change activities in all its ports and waters. Namely, according to the Federal Transport Authority, UAE will open crew changes to all ports across the nation’s seven emirates.
Abu Dhabi, ADT and the UAE’s Automobile and Touring Club (ATCUAE) will cooperate to strengthen the international road transport system (Internationaux Routiers) regarding the maritime movement of goods under import, transit and export customs regulations using Abu Dhabi Terminals (Khalifa Port) located in Abu Dhabi.
Following MSC Joanna’s ban from UAE for carrying more than 700 MT of high sulphur fuel oil (HSFO) when boarded at Jebel Ali Port, MSC replied that the scrubber fit has been delayed due to the COVID-19 crisis.
Rystad Energy estimated that the extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), while OPEC+ countries are able to add next month 2 million bpd, according to their storage, spare capacity and ramp up capabilities.
The UAE has banned the Panamanian-flagged container ship MSC Joanna from operating in its waters and ports for one year over violation of the recently implemented fuel carriage ban.
ADNOC, UAE’s oil giant, stated that it will boost its efforts and produce more oil, aiming to increasing the supply to over 4 million barrels per day in April 2020, following the collapse of the OPEC+ agreement and the oil price war between Saudi Arabia and Russia.
UAE’s oil and gas firm ADNOC announced expansion of its Carbon Capture Utilization and Storage (CCUS) program, as part of its goal to become one of the least carbon-intensive oil and gas producers in the world, in line with its 2030 strategy.
Italian shipbuilder Fincantieri and UAE-based autonomous technology provider Marakeb Technologies signed a Memorandum of Understanding in order to explore global collaboration opportunities in the field of autonomous technology.
According to a recent statement, Al Yasat, ADNOC’s joint venture with China’s CNPC, produced its first oil from the Bu Haseer 2 Offshore Platform in Abu Dhabi. This is the second production platform on the Bu Haseer field which is expected to deliver 15,000 bpd and contribute to the target of achieving 4 million bpd of oil production capacity by the end of 2020.
The Abu Dhabi National Oil Company (ADNOC) plans to decrease its greenhouse gas (GHG) emissions intensity by 25% by 2030, to bolster its position as one of the least carbon-intensive oil and gas companies in the world.
