NPCC and Technip consortium wins contract for offshore oilfield in Abu Dhabi

offshore abhu dhabi-QR9iudjz0 sxc optThis is the second contract NPCC has won this year. (Image source: QR9iudjz0/sxc.hu)A consortium of the UAE’s National Petroleum Construction Company (NPCC) and France’s Technip has won a service contract to develop an offshore oilfield in Abu Dhabi

The engineering, procurement and construction (EPC) deal worth US$1.6bn is for the development of the Umm al-Lulu field and has been awarded by state-owned Abu Dhabi Marine Operating Company (Adma-Opco).

Aqeel Madhi, chief executive officer of NPCC said, “With this, NPCC has also won the second package for the Umm al-Lulu development. We won the first package in June this year valued at US$765mn.”

The first contract was exclusive to NPCC, he said, adding that the project is underway.

Work on the second is likely to commence shortly and is expected to be completed by mid-2018.

The field development is part of Adma-Opco’s plans to add around 300,000 bpd of oil from three fields to lift production to about one million bpd of oil by 2020.

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NPCC awarded multi-deal offshore Abu Dhabi package

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