Tecnicas Reunidas in $310m ADOC Hail win
The Japanese oil company with assets in the UAE, Abu Dhabi Oil Company Limited (ADOC), has awarded Técnicas Reunidas a new contract for the Early Production Facilities in the Hail field, offshore Abu Dhabi. The field is on the Mubarraz Island in the vicinity of Abu Dhabi.
The contract was awarded on a lump sum turnkey basis for an approximate value of 310 million dollars with an execution schedule of 20 months. The project consists of onshore works to be developed in the islands of Mubarraz and Hail, the latter being an artificial island, and offshore works which include the installation of three subsea pipelines along with the installation of a composite cable interconnecting both islands.
The project scope includes the engineering, procurement, construction, pre-commissioning and all required services for a further commissioning and start-up.
According to Técnicas Reunidas, a Spanish contractor, the project, that includes separation, pumping and transportation facilities along with its associated utilities and offsites, is located in the protected marine area of Marawah, which is recognized as a biosphere reserve by UNESCO since November 2007.
“This award demonstrates the capability and experience of Técnicas Reunidas to work in environmentally sensitive locations. For Técnicas Reunidas, this new contract further extends the company’s business activity in the offshore sector and represents its fifth contract in the UAE, eight months after its last award in the country, strengthening its presence in the country and its commitment in maintaining the country’s current oil & gas production levels,” said the contractor in a statement.
Source: www.ofshoreenergytoday.com