National Petroleum Construction Company (NPCC), the Abu Dhabi oilfield engineering services firm, is set to be awarded the offshore package for the Upper Zakum 750 oilfield expansion project, according to a report in Upstream.
Saipem, J Ray McDermott, and NPCC have been in the running for the first EPC contract at Upper Zakum, the offshore field owned by ADNOC subsidiary ZADCO being expanded under the UZ 750 project.
The contract is for the construction of, five riser platforms offshore Abu Dhabi, flare towers and several pipelines to onshore facilities. According to Upstream, NPCC have put in the low bid of under $1 billion.
NPCC is also bidding for the second EPC package at Upper Zakum, and is set to go head-to-head with France’s Technip, which carried out the FEED study on the package for ZADCO, UAE-based engineers Petrofac and a host of Korean EPC giants in a competitive tender due to expire on 12 May.
NPCC is a joint venture between the General Holding Corporation (GHC), one of Abu Dhabi’s investment arms and its largest industrial conglomerate (70%), and the Consolidated Contractors Group (30%).
ZADCO intends that the two EPC contracts will increase oil production capacity at Upper Zakum from 520,000 barrels per day (bpd) to 750,000 bpd by 2015, as part of the UAE’s wider push to reach 3.5 million bpd production capacity by 2018.
