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 […]
Lower Zakum
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ADNOC begins bidding process for $3 billion Lower Zakum contract
Abu Dhabi’s energy giant ADNOC has initiated the bid process for a major oilfield expansion project involving a potential $3 billion-plus contract for its Lower Zakum offshore oilfield, Upstream reported citing people familiar with the matter. The moves comes as ADNOC prepares to ramp up its production capacity to 5 million barrels per day by […]