Posted inNews

Gasco awards Spain’s Tecnicas $700m gas contract

Contract covers Package 3 of GASCO’s Integrated Gas Development Expansion Project

Abu Dhabi Gas Industries (GASCO) Tuesday awarded Spain’s Tecnicas Reunidas (TR) a $700mn contract for a natural gas project in Abu Dhabi.

The contract covers Package 3 of GASCO’s Integrated Gas Development Expansion Project aimed at producing 400 million cubic feet of additional gas from its offshore fields and alleviating the emirate’s rising gas shortage.

The project consists of several gas processing units, gas pipelines, condensate pipelines and all required interconnections.

As part of the contract, TR will conduct the engineering, procurement, construction, installation and commissioning of the Shah Gas Gathering Centre.

This is the fourth large project win in Abu Dhabi for TR with its previous work including the Petrochemical Complex of Borouge, the Sahil and Shah Field Development project.

“This new EPC (Engineering, Procurement and Construction) contract will considerably strengthen TR´s presence in Abu Dhabi and demonstrates TR’s commitment in supporting UAE´s Energy developments,” the company said in a statement.

Staff Writer

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and...