Veolia‘s subsidiary, SIDEM, is leading a consortium that has secured an engineering, procurement and construction (EPC) contract for the Mirfa 2 desalination project in Abu Dhabi. The deal, commissioned by TAQA and ENGIE, is worth nearly $324 million in revenue for Veolia, according to a press statement from the company. The construction of the state-of-the-art […]
EPC
Posted inDownstream
Egypt awards $300 million EPC contract for fertilizer plant
A consortium of Tecnimont and Orascom Construction has been awarded a lump sum turn-key Engineering, Procurement and Construction contract for a Nitric Acid and Ammonium Nitrate plant by KIMA, Egyptian Chemical Industries Co. The contract value to the consortium is approximately $300 million, of which about $220 million pertaining to Tecnimont. The finalization of the […]
Posted inNews
EPC contractors submit bids for ADNOC’s $30 billion Upper Zakum megaproject
Contractors have submitted technical bids for the EPC works of surface facilities and subsea pipeline packages on the Upper Zakum expansion project, according to data from DMS Projects. Although the complete list of bidders is yet to be announced, Petrofac has confirmed its technical bid submission. EPC contracts are expected to be awarded in Q4 […]
Posted inNews
ADNOC L&S awarded first major EPC contract worth $975 million
ADNOC Logistics and Services announced today that it has been awarded a $975-million engineering, procurement and construction (EPC) contract by ADNOC Offshore for an artificial island at the Lower Zakum offshore field. This marks the first award of the new EPC logistics business unit following ADNOC L&S’ record-breaking listing this month. As part of ADNOC’s […]
Posted inNews
ADNOC awards multi-million EPC contracts for Abu Dhabi’s Bab and Asab fields
ADNOC Onshore recently awarded multi-million EPC contracts for Bab and Asab oil field clusters to maintain and sustain crude oil production from the assets. The project, which aims at expanding ADNOC’s oil production capacity, was divided into 5 EPC packages, according to data from DMS Projects. EPC package awards Egypt-headquartered contractor Petrojet was awarded the contracts for […]
Posted inNews
ADNOC awards $162 million EPC contract to NPCC
National Petroleum Construction Co, a wholly-owned unit of National Marine Dredging Co (NMDC), was awarded a $162.31 million contract by ADNOC, Mubasher reported. The deal covers the engineering, procurement, and construction (EPC) works for installing seven jackets, according to a bourse filing. NPCC has grown from a small fabricator to an international EPC company with […]
Posted inNews
UAE: Fujairah’s energy giant to enter EPC business; eyes $100 billion projects
Fujairah National Energy Co (FUJNEC) will soon begin selecting EPC partners as the company plans to venture into engineering, procurement and construction business in the downstream oil and gas sector. The emirate of Fujairah anticipates significant opportunities in the EPC sector, with an estimated value of approximately $100 billion over the next decade. FUJNEC, being […]
Posted inNews
EPC contractors lining up for ADNOC’s multi-billion Hail & Ghasha megaproject
Firms have expressed interest in the new EPC tendering round for the Hail & Ghasha onshore facilities project after agreements were canceled last month, according to data from DMS Projects. The list of participating contractors is yet to be announced. ADNOC recently terminated two key contracts for onshore and offshore work on the Hail and […]
Posted inNews
Aramco awards major EPC contract for offshore Marjan field
Italian contracting giant Saipem has secured a significant EPCI contract from Aramco for phase 3 expansion of the Marjan gas field, according to a report by DMS projects. The project scope involves EPCI of five gas lift platforms, demolition of existing structures as well as gas oil separation plant upgrades. Top contractors including McDermott and […]
Posted inPETROCHEMICALS
Petrofac JV secures $1.5 billion contract for giant petrochemicals project
A join venture of Petrofac and China Huanqiu Contracting & Engineering Corp, has secured a $1.5 billion EPC contract from STEP Polymers SPA, a Sonatrach subsidiary, for a significant petrochemical project in Algeria. The plant will be located at the Arzew Industrial Zone, west of Algiers. Covering the design and build of two major integrated […]
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