Despite being a long-time player, Shell's potential is still under-utilised in Abu Dhabi compared to the other oil companies, according to a senior official. Shell is participating in studies in the exploration and production sector with Adnoc to raise its presence here.

"More Shell people are now involved in these studies," said Mohammed Defrawi, managing director of Shell Abu Dhabi, in the latest issue of "Shell in the Middle East". These projects would enable Shell to work more closely with Abu Dhabi and with Adnoc, he said. Shell is already a shareholder with Adnoc in the Abu Dhabi Co for Onshore Oil Operations (Adco) with a 9.5 per cent stake and in Abu Dhabi Gas Industries (Gasco) with 15 per cent.

Defrawi said Shell's involvement in Abu Dhabi is less than that of some of the other oil majors. "However, we feel that we can offer a lot more to Abu Dhabi in terms of technology, training, the development of people and the sharing of best practices, which Shell has developed through its extensive experience of operating in over 120 countries worldwide." Shell is the largest private operator of oil and gas ventures worldwide.

"The company believes that it is important to invest in technology to improve its competitive edge and to differentiate it from the competition. Better technology used properly is better for business and Shell is happy to share its technology with its partners.

"I also believe that Shell's commitment to sustainable development, not only in public statements, but also in deeds that are verified by third parties, is a big plus for our partners who share the same values," he added.