Sunday, 22 July 2012

A field with growing opportunities - The National

The El Bunduq oilfield is one of the industry's more unusual production sites and its usefulness extends beyond simply being a source of crude.

Situated on the maritime border of Abu Dhabi and Qatar, the field is an example of successful cooperation in the Arabian Gulf that precedes the GCC.

"One of our roles is to connect the oil industries, Adnoc [Abu Dhabi National Oil Company] and Qatar Petroleum, and they use Bunduq as a tool to communicate," said Yuji Shiozawa, the general manager at the Bunduq Oil Production Company. The field's platforms have been pumping oil since 1975 with the proceeds split evenly between its joint owners.

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