Adnoc awards $700 million agreement to Uk-based mostly engineering and building giant

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Adnoc awards $700 million agreement to Uk-based mostly engineering and building giant

British isles-stated engineering and building giant Petrofac has landed a $700 million onshore engineering, procurement and building (EPC) deal from state-owned Abu Dhabi Countrywide Oil Corporation (Adnoc) for operate on a new gas compressor plant involving its Habshan Elaborate.

Petrofac on Friday verified the development and mentioned the award comprises “three fuel compressor trains, connected utilities and ability systems”.

The firm mentioned that the new plant will support Adnoc to substantially improve fuel output from the Habshan Intricate, west of Abu Dhabi.

Upstream not long ago claimed that up to 5 main regional and worldwide contracting giants experienced been competing for the coveted onshore deal.

Elie Lahoud, main running officer of Petrofac’s engineering and construction segment, said the company has a “long and strong keep track of report supporting Adnoc in the UAE”.

“This concentrate on in-country price will once all over again underpin our tactic to supply for Adnoc on the strategically substantial Habshan Complex,” he said.

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The Habshan award marks 1 of the most significant onshore EPC deals awarded by Adnoc this year and the 1st for Petrofac considering that it was permitted to resume participation in Adnoc tenders, subsequent its blacklisting by the state-owned operator.

Fuel potential enlargement

Abu Dhabi is investing billions of dollars to scale up its gas production capacity, with the purpose of acquiring fuel self-sufficiency whilst also rising as a essential liquefied all-natural fuel exporter in the prolonged term.

The emirate’s gasoline-dependent expansion projects are also underpinned by its ambition to emerge as a crucial participant in the world blue hydrogen market place, as it will increase its concentration on reducing carbon emissions.

Adnoc Gas Processing, a subsidiary of Adnoc, executed the tender process for the Habshan gas compression facility.

Contenders that missing out to Petrofac involved a grouping of Spain’s Tecnicas Reunidas with Abu Dhabi’s Nationwide Petroleum Development Business (NPCC) a consortium of China Petroleum Engineering & Building Corporation (CPECC) and Greek participant Archirodon, India’s Larsen & Toubro and Egypt’s Enppi, Upstream understands.

Multiple gasoline compressors

At the very least 3 gasoline compressors are probably to be associated at the Habshan facility, every single possessing a capacity of a lot more than 400 million cubic ft per day.

Adnoc Gasoline Processing operates a 3000-kilometre integrated gas income pipeline network spanning Abu Dhabi.

Adnoc main executive Sultan Ahmed Al Jaber has highlighted the United Arab Emirates’ ambitions to turn out to be a critical LNG exporter on the back again of various fuel-focused upstream developments, like the multi-billion greenback Hail & Ghasha bitter fuel job.

The UAE’s LNG ambitions are also explained to be a component of a strategic go to lower its dependence on imported Qatari gasoline.

The country gets about 1.8 billion cubic ft for every day of Qatari gas via the Dolphin pipeline and also has LNG buy agreements with its neighbour.

Abu Dhabi presently has the ability to deliver about 11 Bcfd of natural gasoline and about 1.3 Bcfd of sour gasoline.

The emirate’s ongoing gasoline developments are envisioned to provide supplemental generation of extra than 3 Bcfd, a company spokesperson previously instructed Upstream.

Hail & Ghasha alone is envisioned to insert 1.5 Bcfd of gas output ability by the stop of this ten years.

Abu Dhabi has also laid down strategies to broaden the likely of its enormous Shah gas task, establish the Umm Shaif fuel cap reservoir and exploit the unconventional gasoline at its Ruwais Diyab concession.