Bunduq Company Limited
United Arab Emirates
Address: Bunduq Co Ltd., PO Box 46015, Abu Dhabi,
Tel: +971 2 677 9922
Company descriptionBunduq Company Limited was established in December 1970 to develop the offshore El Bunduq oil field which is located on the border of the Emirate of Abu Dhabi and State of Qatar, some 200km west of Abu Dhabi city and 100km east of Doha.
nce 2006, the associated sour gas has been injected for environmental protection and enhanced oil recovery. A Japanese consortium, United Petroleum Development Company Limited, is a dominant shareholder with the 97% participating interest in El Bunduq Oil Development Project and the remaining 3% rests with BP.
The success of the El Bunduq Oil Development Project is recognized as a result of fruitful collaboration between the Emirate of Abu Dhabi and the State of Qatar under the wise leadership of Their Highness, Sheikh Khalifa Bin Zayed Al Nahyan, President of and the Ruler of Abu Dhabi, and Sheikh Hamad Bin Khalifa AL Thani, The Emir of Qatar.
Products and servicesBunduq Oil Company at the forefront of new technology. Bunduq, at a more advanced stage than most of Abu Dhabi's fields, serves as a place for engineers to test the advanced techniques that will one day be needed at larger fields across the region.
The Bunduq oilfield produces far more water than hydrocarbons after 35 years of production, but its Japanese operator hopes to keep it pumping for another decade with a costly makeover.
Efforts to counter the natural decline of the offshore reservoirs are a dress rehearsal for the larger task that will face the Abu Dhabi National Oil Company (ADNOC) and partners - squeezing more output from giant fields that have been producing for decades