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Petrofac signs $1.65 billion EPC deals with ADNOC

18/02/2020
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The Abu Dhabi National Oil Company (ADNOC) has awarded two contracts worth a total of $1.65 billion to oilfield services provider Petrofac Emirates.

ADNOC and Petrofac signed 2 contracts worth a total of $1.65 billion
(Image via ADNOC)

The contracts are both for engineering, procurement, construction, transportation, offshore installation and commissioning of ADNOC’s Dalma Gas Development Project. 

The ultra-sour gas field is located in shallow waters of the Persian Gulf, offshore Abu Dhabi and around Arzanah island. It’s expected to produce more than 1.5 billion cubic feet of gas per day, fulfilling more than 20% of the UAE’s gas requirements.

The first contract package is for gas processing facilities on Arzanah island, including inlet facilities with gas processing and compression units, power generation units, utilities and other associated infrastructure. The 33-month lump-sum contract is valued at $1.065 billion.

The second contract will see Petrofac leading a Joint Venture with SapuraKencana HL Sdn. Bhd. Abu Dhabi. This 30-month lump sum contract has a scope of work covering three new well-head platforms, removal and replacement of an existing topside, new pipelines, subsea umbilicals, composite and fibre optic cables. The package is valued at $591 million.

George Salibi, COO - Engineering & Construction of ADNOC 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.”

ADNOC operate the Dalma gas field with 60% ownership. Eni hold 25%, Wintershall 10% and OMV 5%.

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Recent Comments
I would like to work as an Artificial Lift Engineer in this big proyect with ADNOC. I have exprienced to install,start,desing, diagnos Esp equipment
Jose Benitez, 20 February 2020
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Petrofac signs $1.65 billion EPC deals with ADNOC - Time to read 2 min
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