ADNOC awards $510mn EPC contract to Saipem for Shah gas plant upgrade ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News

The Abu Dhabi National Oil Company (ADNOC) has awarded a $510m engineering, procurement and construction (EPC) contract to Saipem. The deal outlines an increase in capacity for ADNOC’s Shah sour gas plant by 13% to 1.45-billion cubic feet per day by 2023. According to a statement from ADNOC, the investment supports its objective of enabling gas self-sufficiency for the UAE and underpins growth in gas production, in line with its 2030 strategy. More than 50% of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value (ICV) programme, which reinforces the group’s commitment to ensuring that more economic value remains in the country from the contracts it awards. Sai

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Last updated : 17 June 2021 clock 10:00 AM

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