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ADNOC awards nearly $1 billion EPC contract to NPCC to develop Umm Shaif field

The contract covers the strategic long-term development of ADNOC’s Umm Shaif field and is part of the company’s plan to boost oil production capacity to five million barrels per day by 2030

Abu Dhabi National Oil Company (ADNOC) announced Wednesday that it had awarded a $946 million engineering, procurement, and construction (EPC) contract to National Petroleum Construction Company (NPCC). The contract covers the strategic long-term development of ADNOC’s Umm Shaif field and is part of the company’s plan to boost oil production capacity to five million barrels […]