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Petrofac scoops Bab gas project

ADCO awards $600 million deal to Petrofac – Mubadala JV

Petrofac books $540m new North Sea revenues
Petrofac books $540m new North Sea revenues

Petrofac Emirates, Petrofac’s joint venture with Mubadala Petroleum, has been awarded a US$500 million onshore engineering, procurement and construction (EPC) contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for expansion of compression facilities at the Bab Field, 150 km south-west of Abu Dhabi city.

The company statement said, it will undertake modifications to three of the existing compressor stations and install a new fourth facility. The scope of work also includes 27 well head facilities, associated gas pipelines, direct gathering manifold and modifications to remote manifold stations. The project will be completed in a phased manner in approximately 30 months whereupon commissioning will commence.

On the same day, this JV was also awarded an onshore engineering, procurement and construction (EPC) contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for the development of the Bab Habshan-1 project.

The contract was awarded following a competitive tender and is valued at US$187 million.

The project has an anticipated duration of 20 months and includes the provision of water injection clusters, oil production wells, water injection wells, associated electrical and instrumentation facilities, pipelines (headers and flow lines), overhead power transmission lines and modifications at remote degassing stations.

Last month, another Adnoc subsidiary awarded a $3.7bn package to develop the Upper Zakum megafield to Petrofac Emirates and Daewoo Shipbuilding & Marine Engineering.

Subramanian Sarma, Managing Director of Petrofac’s Onshore Engineering & Construction business, commented: “This project builds on the work that we are engaged in for ADCO on the large Asab development, and further deepens our relationship with an important customer. The award follows a competitive tender process and underlines the ongoing strength of Petrofac’s competitive position in the Middle East.”  

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