Refining and Processing
Refinery Acquisition; Blue Ocean Energy’s new venture
Blue Ocean Energy acquired the mothballed Abu Dhabi Refinery at Umm Al Nar/Sas Al Nakhl in July 2023 and is currently engaged in a major relocation project. The asset was purchased in good condition from ADNOC. The BOE-ADNOC contract, which followed a stringent selection and due diligence process, will see the dismantling of the refinery structure, also safe and environmentally friendly demolition of storage tanks, buildings, foundations and buried lines. The location within the UAE where the refinery will be reassembled will be the subject of a future BOE press release.
Blue Ocean Energy acquired the mothballed Abu Dhabi Refinery at Umm Al Nar/Sas Al Nakhl in July 2023 and is currently engaged in a major relocation project. The asset was purchased in good condition from ADNOC. The BOE-ADNOC contract, which followed a stringent selection and due diligence process, will see the dismantling of the refinery structure, also safe and environmentally friendly demolition of storage tanks, buildings, foundations and buried lines. The location within the UAE where the refinery will be reassembled will be the subject of a future BOE press release.
This asset acquisition is an important step in Blue Ocean’s growth strategy, as it expands beyond its traditional trading, storage and blending activities into refining operations targeted to the generation of low sulphur products which are in high global demand in order to minimise emissions.
Blue Ocean Energy is working with a number of respected engineering contractors to complete the safe dismantling of the refinery and clear the site so that it can be repurposed according to Abu Dhabi’s future needs; work at site by specialised local subcontractors commenced in September 2023. This includes demolition work by Noble Marine Metals Co WLL, a major UAE company. Major refining equipment to be reused will be relocated in a manner that ensures minimal disruption to local residents and stakeholders. This major project will involve a total investment of some US$ 500 million.
This asset acquisition is an important step in Blue Ocean’s growth strategy, as it expands beyond its traditional trading, storage and blending activities into refining operations targeted to the generation of low sulphur products which are in high global demand in order to minimise emissions.
Blue Ocean Energy is working with a number of respected engineering contractors to complete the safe dismantling of the refinery and clear the site so that it can be repurposed according to Abu Dhabi’s future needs; work at site by specialised local subcontractors commenced in September 2023. This includes demolition work by Noble Marine Metals Co WLL, a major UAE company. Major refining equipment to be reused will be relocated in a manner that ensures minimal disruption to local residents and stakeholders. This major project will involve a total investment of some US$ 500 million.
Efficient Refining Operations
Maximizing Output, Minimizing Waste
Our refining operations aim to be built around efficiency. From crude distillation to catalytic cracking and hydroprocessing, we plan to deploy advanced refining techniques to maximize yield and minimize waste. By leveraging industry-leading technology and best practices, we aim to ensure that every barrel of crude oil is processed efficiently, reducing production costs while maintaining the highest standards of product quality.
Diverse Product Portfolio
Meeting Global Energy Needs
Blue Ocean Energy aims to produce a comprehensive range of refined products to meet the diverse needs of our global customers. Our product portfolio would include high-grade fuels such as gasoline, diesel, kerosene, and jet fuel, as well as essential petrochemicals used in industries like plastics, manufacturing, and pharmaceuticals. Our flexible processing capabilities would allow us to respond quickly to changing market demands, ensuring a steady supply of energy products across regions.
Advanced Processing Technologies
Innovating for Superior Performance
Our commitment to innovation extends into every aspect of our refining and processing operations. We invest heavily in the latest technologies, including advanced hydrocracking and desulfurization units, to ensure cleaner, higher-performance fuels. By integrating cutting-edge processing technologies, we aspire to produce energy products that not only meet regulatory standards but also set benchmarks for quality and sustainability in the industry.
Why Blue Ocean Energy?
Industry Expertise
Proficient knowledge and experience in global energy markets.
Customized Services
Flexible and custom solutions tailored to meet client-specific requirements.
Reliable Operations
Consistent, timely deliveries backed by efficient logistics.
Comprehensive Risk Mitigation
Strategies to safeguard against market uncertainties.
Sustainable Practices
Dedicated to environmentally responsible and ethical operations.
