ADNOC awards $324m contracts to optimise onshore field operations in UAE

first_img ADNOC awards contracts for onshore oilfields in UAE. (Credit: Abu Dhabi National Oil Company.) The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts worth AED1.19bn ($324m) to bring efficiencies at its onshore field operations in Abu Dhabi, the UAE.ADNOC subsidiary ADNOC Onshore has awarded the three contracts to Galfar Engineering and Contracting and Robt Stone.The contracts includes the procurement and construction (PC) of flowlines and wellhead installations across several of its onshore oil fields in Abu Dhabi.Engineering, procurement, and construction (EPC) of a new bypass system for critical backup for the existing crude receiving stations at the Jebel Dhanna and Fujairah export terminals in also included in the contracts.The two PC contracts flowlines and wellheads have been split into two parts.The first contract is valued at AED261.2m ($71m) and was awarded to Galfar Engineering & Contracting, which will procure and construct the flowlines and wellhead installations for ADNOC Onshore Asab and Sahil fields.The second contract, which is valued at AED 618.2m ($168m) was awarded to Robt Stone, which will procure and construct flowlines and wellhead installations for the ADNOC Onshore Bab field.The scope of work includes residual engineering, procurement, construction, pre-commissioning, and commissioning of natural oil producer wells and water injection wells at the respective fields. The two contracts are expected to be completed in five years.The third EPC contract worth AED309.1m ($84m) was awarded to Galfar Engineering and Contracting.It will create a new bypass system to provide critical backup for ADNOC Onshore’s existing crude receiving stations at the Jebel Dhanna and Fujairah export terminals. It is expected to be completed in 30 months.Over 70% of contract value is expected to flow back into UAEADNOC stated that more than 70% of the combined contract value will flow back into the UAE’s economy under its In-Country Value (ICV) programme.ADNOC upstream directorate, executive director Yaser Saeed Almazrouei said: “These awards further highlight ADNOC’s drive to invest responsibly to unlock greater value from our assets and resources and build long-term resilience as we deliver our 2030 strategy.“The contracts follow a competitive tender process that ensures that substantial value will flow back into the UAE through our ICV program, reinforcing ADNOC’s commitment to supporting local business and stimulating the growth and diversification of the nation’s economy.” The contracts have been awarded to Galfar Engineering and Contracting and Robt Stone for several onshore oil fields in the Emirate of Abu Dhabilast_img read more