The well, known as Murban-3, was completed in May 1960, and began producing crude oil at a rate of 3,674 barrels per day.
It took another three years of drilling, the creation of a 112km pipeline, and the construction of an export terminal in Jebel Dhanna, before exports could begin, with the first tanker of Abu Dhabi crude departing Jebel Dhanna port on 14th December, 1963.
Subsequent fields were quickly discovered - including the giant Bu Hasa field, west of Bab, and the Bida Al Qemzan, Asab, Shah and Sahil fields. Then, in 1971, as revenues from oil production started to grow, the late Sheikh Zayed bin Sultan Al Nahyan established the Abu Dhabi National Oil Company (ADNOC).
Since then, we have played an integral role in Abu Dhabi’s economic development, managing, producing and preserving the emirate’s hydrocarbon reserves, on behalf of the Abu Dhabi Government. In the last 45 years, we have been the principle catalyst of growth in the emirate, and our work has had a positive and lasting impact on the quality of millions of lives.
Today, while we manage and oversee production of more than 3.15 million barrels of oil per day - which places us among the largest oil producers in the world – our portfolio has also expanded to include sophisticated refining and petrochemicals businesses; an extensive network of gas and petrol service stations, and a modern transportation fleet that includes LNG and LPG carriers, oil and chemical tankers, bulk carriers and container vessels.
We are committed to proactively exploring new and innovative ways to enhance and expand our operations, to ensure we continue to positively impact the United Arab Emirates' economy, and ensure the country’s longer-term prosperity.