Abu Dhabi holds 9% of the world’s oil reserves (98bn barrels) and roughly 5% of the world’s natural gas (6 trillion cubic metres). Oil production in the UAE was nearly 2.5m bpd last year and a number of projects are in progress to boost production to 3m bpd. Focus has recently shifted toward natural gas, in line with increasing domestic consumption.
Talascend's activities in Abu Dhabi are not limited to the energy sector. We're working with a range of customers in civil engineering, transportation, utilities and telecommunications.