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Adnoc announces $548 million contract for a main gas line at its Lower Zakum Field

EPC agreement granted by Adnoc Offshore to NPCC will certainly enhance Reduced Zakum’s gas manufacturing capability from 430 to 700 MMSCFD

Abu Dhabi National Oil Business (Adnoc) on Monday introduced, the honor of a $548 million (Dh2.01 billion) agreement to construct a brand-new primary gas line at its Lower Zakum area offshore of Abu Dhabi.

In a declaration, the Abu Dhabi-based team claimed the honor will certainly enhance Reduced Zakum area’s gas manufacturing capability from 430 million to 700 million common cubic feet each day (MMSCFD), sustaining Adnoc’s strategies to allow gas self-sufficiency for the UAE and also provide for raising worldwide power need.

The Design, Purchase and also Building And Construction (EPC) agreement was granted by Adnoc Offshore to National Oil Building And Construction Business (NPCC) after an affordable tender procedure. Over 75 percent of the honor worth will certainly recede right into the UAE economic climate under Adnoc’s In-Country Worth (ICV) program and also work possibilities will certainly be produced for UAE nationals by the service provider, offering them functional direct exposure in carrying out EPC agreements.

The brand-new pipe will certainly provide for the enhanced quantity of connected gas generated by Reduced Zakum area as the area’s oil manufacturing capability boosts to 450,000 barrels of oil each day by 2025.

Yaser Saeed Almazrouei, Adnoc Upstream Exec Supervisor, claimed this agreement honor will certainly allow us to generate even more gas as we enhance manufacturing capability from Reduced Zakum area.

” This will certainly sustain our incorporated gas masterplan which is driving affordable gas healing to allow gas self-sufficiency for the UAE and also commercial development, while additionally aiding to fulfill the raising worldwide need for power. With over 75 percent in-country worth arising from the honor, the job will certainly even more promote financial development and also produce possibilities for the economic sector, according to the UAE Management’s smart instructions,” he claimed.

The job will certainly be finished in 2025 and also it will certainly see the building of a brand-new subsea pipe that will certainly run 85 kilometers from Zakum West Super Facility to Das Island. It additionally consists of stipulations to build, set up and also evaluate a brand-new system at the extremely facility along with a brand-new gas obtaining center at Das Island.

Ahmad Saqer Al Suwaidi, Adnoc Offshore chief executive officer, claimed Lower Zakum is a calculated property for Adnoc and also the UAE and also collaborating with our global companions, we will certainly remain to properly open and also make best use of worth from the area according to Adnoc’s 2030 wise development method.

” This honor is a vital part of the lasting growth prepare for the area and also will certainly aid enhance ADNOC’s setting as a leading low-cost and also low-carbon supplier of power for consumers worldwide,” he claimed.

Adnoc’s gas masterplan web links every component of the gas worth chain to additional unlock Abu Dhabi’s bountiful gas gets making it possible for residential gas self-sufficiency, commercial development and also diversity, along with to fulfill expanding worldwide gas need. Gas is playing a progressively crucial duty in the power shift as both a feedstock and also a gas as it melts with substantially lower-carbon strength than coal.

With this honor, Adnoc Offshore and also its tactical global companions have actually spent greater than $5 billion in current weeks in the lasting growth of Abu Dhabi’s overseas procedures. The honors consisted of agreements worth greater than $3.4 billion granted to Adnoc Exploration to speed up overseas development tasks and also a $1.1 billion agreement granted to Adnoc Logistics and also Provider to improve overseas procedures.

— muzaffarrizvi@khaleejtimes.com

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