Featured
Dalma Gas Project: ADNOC Awards US$ 1.65bn Construction Contracts

The Abu Dhabi National Oil Company (ADNOC) has awarded two contracts worth $1.65 billion (AED 6.06 billion) for the construction of offshore facilities for the Dalma Gas Development Project.
The two Engineering, Procurement and Construction (EPC) contracts have been awarded to Petrofac Emirates LLC, and a joint venture between Petrofac and Sapura Energy Berhad through its subsidiary’s branch office in Abu Dhabi, according to ADNOC.
The Contracts |
|
|
The project, located about 190km northwest of Abu Dhabi city, is a key part of the Ghasha ultra-sour gas concession and the projects, once completed in 2022, the project will be able to produce around 340 million standard cubic feet per day (mmscfd) of natural gas.
The project is part of ADNOC’s 2030 strategy to make UAE self-sufficient in gas and 70 per cent of the total award value will flow into the UAE’s economy under ADNOC’s In-Country Value (IVC) programme. Speaking about the contracts, Yaser Saeed Almazrouei, Executive Director of ADNOC’s Upstream Directorate, said, “This award marks another important milestone in the development of the Ghasha concession which is an integral component of our strategy to achieve gas self-sufficiency for the UAE. It demonstrates how ADNOC is effectively collaborating with strategic partners that can deploy state-of-the-art technologies and world-class expertise to accelerate the development of Abu Dhabi’s substantial gas resources.”
-
Economy2 months ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, March 2025
-
OER Magazines2 months ago
OER, March 2025
-
News2 months ago
Nothing Phone 3a and 3a Pro launches in the Middle East
-
Automotive1 month ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
News1 month ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
News1 month ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
News2 months ago
Omantel Partners with TeKnowledge to Enhance Employee Skills in AI & Data Science