ADNOC’s unit awards AED 1.2bn contracts to develop onshore oil fields

  • Date: 26-Oct-2020
  • Source: Mubasher
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC’s unit awards AED 1.2bn contracts to develop onshore oil fields

UAE – Mubasher: ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has awarded three contracts valued at around AED 1.2 billion ($324 million) to develop a number of onshore oil fields and raise their operational efficiency, according to the Emirates News Agency (WAM).

Valued at around AED 261.2 million ($71 million), the first contract is won by Galfar Engineering & Contracting to procure and construct flowlines and wellhead installations for the ADNOC Onshore Asab and Sahil fields.

Galfar also won an engineering, procurement, and construction contract of a value of AED 309.1 million ($84 million) to develop a new bypass system to provide backup for ADNOC Onshore's existing crude receiving stations at the Jebel Dhanna and Fujairah export terminals.