Adnoc subsidiary Abu Dhabi Gas Industries Ltd (Gasco) will execute two projects totalling $1.9 billion to produce condensates.

According to a report, phase III development of the offshore Thamama ‘F’ field will produce 130,000 barrels of condensates by 2008.
The project cost is $1.2 billion (Dh4.41 billion). “The tenders are put out and they will be finalised by end-2005,” said Abdullah bin Nasser Al Suwaidi, head of exploration and production.
The Thamama ‘F’ and ‘C’ projects in the Asab field will treat 800 million cubic feet of gas extracted daily, in addition to 80,000 barrels of condensates that are currently produced. The project cost is $700 million.
“Adnoc has succeeded in extracting associated gas and decreased the amount of flaring gas from 250 million cubic feet daily to 40 million cubic feet per day to preserve the environment,” said Al Suwaidi.
Meanwhile, Gasco again emerged as one of the most successful members of the Adnoc Group Companies by winning two of the five categories of Adnoc’s HSE Awards 2003.
The company took the first prize in the health category and second in safety at the HSE Awards annual ceremony held earlier this year.
In 2002, Gasco won two first prize HSE Awards, thus becoming a double winner in two consecutive years.
Gasco’s continued HSE success came as a result of the company’s policy of sustaining the HSE management as its top priority.
This focus on the HSE underlines Gasco’s determination to help meet global energy demands with minimum impact on the environment and without compromising on the health or safety of its employees.
The company established an HSE Management System (HSE MS) based on guidelines issued by Adnoc.
This is a risk-based system that includes a compre-hensive range of mandatory require-ments to provide a framework for self-regulation and continuous improvement in performance.
As part of this process, Gasco published a statement on its commitment to health, safety and environment and updated its HSE policy.
The company also developed a vision statement, the HSE aspects of which had been translated into strategic HSE objectives with the aim of preventing people from harm, protecting the environment and improving asset integrity.
These objectives will be carried out through the application of the company’s HSE MS, while a framework has been developed for HSE action planning.
This will provide an overview of what has already been achieved and the future action required for the implementation of Gasco HSE MS.
The framework will then be translated into an annual Gasco HSE Action Plan to provide a foundation for the production of annual HSE Action Plans for each of the company’s divisions.
One important feature of the divisional action plans is their possession of action items that are SMART (Specific, Measurable, Achievable, Realistic and Timebound), with each action being assigned to an individual or a team.
Through this structured approach, individual efforts are directed towards realising the Gasco vision, the staff participating at all levels of the organisation, while progress towards the implementation of the plans is monitored through a formal management review at both corporate and divisional levels.
Incorporated in 1978 as a joint venture company, Gasco is the operating company in Abu Dhabi responsible for processing onshore natural gas and associated gas from onshore oil production.
The company’s ownership is shared between Adnoc as a major shareholder (68 per cent), Shell Abu Dhabi (15 per cent), Total (15 per cent) and Partcx (two per cent).
In April 2001, Abu Dhabi Gas Company (Atheer), with 100 per cent ownership by Adnoc, was merged with Gasco.
In addition, the 100 per cent Adnoc Asab Gas Plant operations were also transferred to Gasco in March 2004, leading to further enhancement of Gasco's position as one of the largest gas processing companies in the world and one of the biggest industrial projects in the UAE.
Gasco processes and delivers network gas (mainly methane “C l”), ethane “C2”, propane “C3”, butane “C4”, pentane+ or “C5+” and condensate.