A consortium of Abu Dhabi’s National Petroleum Construction Company (NPCC) and Italian contractor Saipem has been awarded the offshore EPC package.
The value of the offshore contract is $8.2bn. The scope of work broadly involves EPC of offshore facilities, including facilities on artificial islands and subsea pipelines.
Italy-headquartered Tecnimont has been awarded the onshore EPC contract. The $8.74bn contract relates to the EPC of onshore facilities, including carbon dioxide (CO2) and sulphur recovery and handling.
Adnoc announced the award of EPC contracts, and reaching the final investment decision (FID), for the Hail and Ghasha project on the concluding day of the Abu Dhabi International Petroleum Exhibition and Conference (Adipec).
About 55 per cent of the investment value will flow back into the UAE’s economy under Adnoc’s In-Country Value (ICV) programme, it added.
MEED first reported in August that the consortium of NPCC and Saipem had emerged as frontrunners for the offshore package and Tecnimont for the onshore package. It was also recently reported that Adnoc was set to award EPC contracts and announce the FID during Adipec.