Tag: Ukbased

Advanced in Tech & Business

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