Jul 18 2012
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NPCC and Technip awarded joint $800m contract
Wednesday, Jul 18, 2012
Abu Dhabi: A consortium made up of the Abu Dhabi-based National Petroleum Construction Company ( NPCC ) and French group Technip have been awarded a contract worth $800 million (Dh2.9 billion) to build offshore facilities at an oilfield in the capital, an industry source familiar with the developments told Gulf News on Tuesday.
The contract is for the first phase of Zakum Development Co’s (Zadco) expansion at its offshore oilfield located in the Arabian Gulf, 84 kilometres from Abu Dhabi.
NPCC will lead the consortium and undertake the entire fabrication and offshore installation and modification works.
The consortium will jointly manage the associated procurement, cable installation, onshore construction and commissioning.
The project will take three years to complete.
By Himendra Mohan Kumar Staff Reporter
Gulf News 2012. All rights reserved.
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