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The contract aims to enhance efforts to raise production capacity from Gas from field "Lower Zakum" From 430 million to 700 million standard cubic feet per day to support plans ADNOC to enable UAE To achieve self-sufficiency in gas and meet the growing global demand for energy.
The engineering, procurement and construction contract was awarded following a rigorous and competitive bidding process to the National Petroleum Construction Company.
The contract will contribute to redirecting more than 75% of its value to the local UAE economy through ADNOC In-Country Value Enhancement Program Creating new job opportunities for citizens.
The new pipeline aims to accommodate the increase in the volume of associated gas that will be produced from the field "Lower Zakum" where you plan "ADNOC" To raise the field’s production capacity to more than 450,000 barrels of oil per day by 2025.
For his part, the CEO of ADNOC’s Exploration, Development and Production Department, Yasser Saeed Al Mazrouei, said: "This contract contributes to supporting efforts to implement ADNOC’s plans to increase the production capacity of the Lower Zakum gas field. It also supports ADNOC’s integrated gas plan, which aims to produce gas at competitive prices to enable the UAE to achieve self-sufficiency from it, support industrial growth, and contribute to meeting the increasing global demand for gas. energy"
He added: "More than 75 percent of the contract value will be redirected to the local economy, contributing to stimulating economic growth Providing more business opportunities, growth and development for the private sector in line with the directives of the wise leadership".
The project, which is scheduled to be completed in 2025, aims to Construction of a new offshore pipeline extends from the complex "West Zakum" The huge distance of 85 kilometers to an island "trampled".
The scope of work of the project also includes the construction of equipment for the construction, installation and testing of a new platform in the huge complex, in addition to the construction of a new platform for receiving gas on an island. "trampled".
In a related context, the CEO of "ADNOC Offshore"Ahmed Saqr Al-Suwaidi, "The Lower Zakum field represents an important strategic asset for ADNOC and the UAE, and ADNOC is committed to continuing to work with its international partners to ensure the responsible investment of the field’s gas resources and to enhance and increase value in line with its integrated strategy 2030. The award of this contract represents an important stage in the long-term development plan of the Lower Zakum field that contributes to In strengthening ADNOC’s leading position as a reliable provider of low-cost and low-emissions energy to customers around the world".
Aiming plan "ADNOC" The main gas sector links the components of the value chain to ensure the provision of sustainable and economic supplies of natural gas to enable the UAE to achieve self-sufficiency, support growth and economic diversification, and meet the growing demand in the local and global markets.
and play Natural gas It is playing an increasingly important role in keeping pace with the transformation of the energy sector due to its potential as a feedstock and as a fuel source that is less carbon-intensive than coal.
With these contracts, it rises Investment value carried out "ADNOC Offshore" And its strategic international partners in recent weeks in long-term projects to develop operations in Abu Dhabi’s offshore fields to more than $ 5 billion.
The awarded contracts included more than $3.4 billion in contracts awarded on "ADNOC Drilling" To accelerate and promote growth in activities "ADNOC" The Navy, a $1.1 billion contract was awarded to "ADNOC Logistics & Services" To support offshore field operations.
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The contract aims to enhance efforts to raise production capacity from Gas from a field”Lower ZakumFrom 430 million to 700 million standard cubic feet per day to support plans ADNOC to enable UAE To achieve self-sufficiency in gas and meet the growing global demand for energy.
The engineering, procurement and construction contract was awarded following a rigorous and competitive bidding process to the National Petroleum Construction Company.
The contract will contribute to redirecting more than 75% of its value to the local UAE economy through ADNOC In-Country Value Enhancement Program Creating new job opportunities for citizens.
The new pipeline aims to accommodate the increase in the volume of associated gas that will be produced from the Lower Zakum field, as ADNOC plans to raise the field’s production capacity to more than 450,000 barrels of oil per day by 2025.
For his part, Chief Executive Officer of ADNOC’s Exploration, Development and Production Department, Yasser Saeed Al Mazrouei, said, “This contract contributes to supporting efforts to implement ADNOC’s plans to increase the production capacity of the Lower Zakum gas field, and supports ADNOC’s integrated gas plan, which aims to produce gas at competitive prices. To enable the UAE to achieve self-sufficiency in it, support industrial growth, and contribute to meeting the growing global demand for energy.
He added: “More than 75 percent of the contract value will be redirected to the local economy, contributing to the stimulating economic growth And providing more business opportunities, growth and development for the private sector in line with the directives of the wise leadership.”
The project, which is scheduled to be completed in 2025, aims to Construction of a new offshore pipeline extends from the complexWest Zakumthe huge distance of 85 km to Das Island.
The project scope also includes the construction of facilities for the construction, installation and testing of a new platform in the mega complex, in addition to the construction of a new gas receiving platform on Das Island.
In a related context, ADNOC Offshore CEO Ahmed Saqr Al-Suwaidi said, “The Lower Zakum field represents an important strategic asset for ADNOC and the UAE, and ADNOC is committed to continuing to work with its international partners to ensure responsible investment of the field’s gas resources and to enhance and increase value in line with its strategy. The award of this contract represents an important stage in the long-term development plan of the Lower Zakum field that contributes to cementing ADNOC’s leading position as a reliable provider of low-cost and low-emissions energy to customers around the world.”
ADNOC’s master plan for gas aims to link the components of the value chain to ensure the provision of sustainable and economic supplies of natural gas to enable the UAE to achieve self-sufficiency, support growth and economic diversification, and meet the growing demand in the local and global markets.
and play Natural gas It is playing an increasingly important role in keeping pace with the transformation of the energy sector due to its potential as a feedstock and as a fuel source that is less carbon-intensive than coal.
With these contracts, it rises Investment value carried out”ADNOC OffshoreAnd its strategic international partners in recent weeks in long-term projects to develop operations in Abu Dhabi’s offshore fields to more than $ 5 billion.
The awarded contracts included more than $3.4 billion in contracts awarded to ADNOC Drilling to accelerate and enhance growth in ADNOC’s offshore activities, and a $1.1 billion contract awarded to ADNOC Logistics and Services to support offshore operations.
