UK-headquartered EPC giant Petrofac announced on Monday that it has been awarded a lump-sum brownfield engineering, procurement and construction (EPC) contract by ADNOC.
Under the agreement, Petrofac’s Asset Solutions business will design and install facilities to optimise operations and reduce methane and greenhouse gas emissions at the Habshan Complex, located 150 kilometres South West of Abu Dhabi.
This award follows the September 2022 announcement that Petrofac will continue to support ADNOC’s operations at the Haliba oil field, with a two-year field maintenance services contract extension.
Last month, Petrofac announced that Sami Iskander, the company’s group chief executive, will leave the business at the end of March 2023 in order to “pursue other interests.”
Tareq Kawash, who currently serves as SVP of McDermott, will succeed Iskander effective 1 April 2023, following an orderly handover.
