Adnoc awards contracts for Hail and Ghasha Offshore Development project ...United Arab Emirates

Abu Dhabi National Oil Company (Adnoc) has awarded two engineering, procurement and construction (EPC) contracts worth US $17bn for the Hail and Ghasha Offshore Development project. The project aims to operate with net zero carbon dioxide (CO2) emissions, reinforcing Adnoc’s legacy of responsible energy production and supporting its Net Zero by 2045 ambition and accelerated decarbonisation plan, said a statement from Adnoc. The first EPC contract for the offshore facilities includes facilities on artificial islands and subsea pipelines. It has been awarded to a joint venture between National Petroleum Construction Company and Saipem. It is estimated to be worth about $8.2bn. The second EPC c

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