Business/economics

ADNOC Subsidiary Awards $324 Million in Contracts To Improve Onshore Operations

Two contracts awarded for flowlines and wellheads at ADNOC’s Abu Dhabi oil fields are expected to be completed in 5 years. A third contract to develop a bypass system for its Jebel Dhanna and Fujairah terminals is expected to be completed in 30 months.

ADNOC facility
ADNOC

An Abu Dhabi National Oil Company (ADNOC) subsidiary awarded three contracts worth $324 million to optimize its onshore field operations and improve efficiencies as part of its investment in driving “smart growth.” The contracts, awarded by ADNOC Onshore, include the procurement and construction (of flowlines and wellhead installations across onshore oil fields in Abu Dhabi, and the engineering, procurement, and construction (EPC) of a bypass system to provide backup for existing crude-receiving stations at the Jebel Dhanna and Fujairah export terminals.

A contract worth $71 million was awarded to Galfar Engineering and Contracting (WLL–Emirates), which will procure and construct flowlines and wellhead installations for the Asab and Sahil fields.

The second contract ($168 million) was awarded to Robt Stone (Middle East LLC), which will procure and construct flowlines and wellhead installations for the Bab field.

The scope of work includes residual engineering, procurement, construction, precommissioning, and commissioning of natural oil producer wells and water injection wells at the respective fields. Both contracts are expected to be completed in five years.

The third contract ($84 million) was awarded to Galfar, which will develop the bypass system to back up the crude stations at the Jebel Dhanna and Fujairah terminals. The project is expected to be completed in 30 months.

More than 70% of the combined awards will go back into the UAE’s economy under ADNOC’s In-country Value Program (ICV), a part of the company’s tender evaluation process. The ICV is aimed at nurturing local and international partnerships and business opportunities, fostering socioeconomic growth, and creating job opportunities for UAE nationals.

The awards are also in line with ADNOC’s 2030 strategy aiming to transform how its maximizes values from every barrel.