National Petroleum Construction Co (NPCC) and its joint venture partners Saipem and China Petroleum Engineering and Construction Corp have secured a $60 million contract for the pre-construction works related to the offshore facilities of the Hail and Ghasha gas development project.
The contract covers the early project activities such as initial detailed engineering and procurement of critical long lead items. The scope of work also includes the preparation of an Open Book Estimate for the full project delivery scope, which will be considered as part of ADNOC’s Final Investment Decision making process.
Eng Ahmed Al Dhaheri, CEO of NPCC, said, “We are committed to employing all our efforts to have a significant positive impact on the energy eco-system and the UAE economy and support ADNOC’s development projects, particularly achieving the highest In-Country Value (ICV). This, in turn, will help to develop local resources, as well as human capacity and talent. We look forward to working with our JV partners to ensure the success of this ambitious project.”
