Adnoc awards Dh34bn gas plant contracts

Abu Dhabi National Oil Company (Adnoc) said last night it had awarded contracts totalling Dh34 billion (US$9.23bn) for the emirate’s centrepiece offshore gas development.

Its subsidiary, Abu Dhabi Gas Industries (Gasco), awarded the contracts to build gas processing facilities in Habshan and Ruwais in Al Gharbia. The plant will process gas produced offshore by Abu Dhabi Marine Operating Company and is the major link in a scheme to boost Abu Dhabi’s gas supply by up to one billion cubic feet per day.

The gas will be used to fuel power stations and will be injected into onshore oil wells to increase production.

Gasco awarded a Dh17.3bn contract to a consortium of Tecnimont, an Italian firm, and Japan Gas Corporation to construct the gas plant at Habshan that will have the capacity to process up to two billion cubic feet per day.

It also awarded a Dh6.2bn contract to Hyundai Heavy Engineering of South Korea to construct support facilities and utilities.END