STM – 19022020 – $1.65Bn Contracts Awarded to Petrofac for Abu Dhabi

STM – 19022020 – $1.65Bn Contracts Awarded to Petrofac for Abu Dhabi

$1.65bn contracts awarded to Petrofac for Abu Dhabi project Two contracts have been awarded to Petrofac Emirates, with a combined worth of around US$1.65 billion, by Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates (UAE). George Salibi, Chief Operating Officer – Engineering & Construction at Petrofac, said: “We are fully committed to supporting continued and sustainable investment in Abu Dhabi’s oil and gas industry through our strategic focus on maximising local delivery, and are pleased that our approach will generate substantial In-Country Value for the local economy.” The engineering, procurement (including novated long lead items), construction, offshore installation, transportation and commissioning are all included in the contracts, which are for ADNOC’s Dalma Gas Development Project. This comprises offshore packages at Arzanah island and the surrounding offshore fields, located around 140 km off the north- west coast of the Emirate of Abu Dhabi. Established in the UAE in 1991, with operational centres in Abu Dhabi and Sharjah, Petrofac has executed 11 major EPC projects in the country to date, including the Upper Zakum UZ750 project, Qusahwira Field Development Phase II, and development of the Bab Habshan-1 project. The first package, (valued at US$1.065 billion), is for gas processing facilities at Arzanah island. Under the terms of the 33-month lump-sum contract, the work includes inlet facilities with gas processing and compression units, power generation units, utilities and other associated infrastructure. The second package, which is valued at US$591 million, will see Petrofac lead a Joint Venture with SapuraKencana HL Sdn. Bhd. Abu Dhabi. Under the terms of that 30-month lump-sum contract, the scope of work includes three new well-head platforms, removal and replacement of an existing topside, new pipelines, subsea umbilicals, composite and fibre optic cables. The Dalma project is a key part of the Ghasha ultra-sour gas concession which is central to ADNOC’s strategic objective of enabling gas self-sufficiency for the UAE. For more information visit www.petrofac.com .

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