ADNOC Presents Petrofac US$700 Million EPC Project
The Abu Dhabi National Oil Company (ADNOC) subsidiary, ADNOC Gas Processing, has chosen Petrofac, a top worldwide service provider to the energy sector, to carry out a sizeable new engineering, procurement, and construction project at its Habshan Complex.
The engineering, procurement, and construction of a new gas compressor plant are part of the deal, which was given to Petrofac Emirates and is estimated to be worth about US$700 million. The new plant, which consists of three gas compressor trains, related utilities, and power systems, will enable ADNOC to significantly boost gas output from the Habshan Complex, west of Abu Dhabi.
Tareq Kawash, Petrofac's Group Chief Executive, said: “We are thrilled to have been selected by ADNOC, one of Petrofac’s longest-standing customers, to undertake this significant new EPC project in our home market of the UAE. We very much look forward to working together with ADNOC to safely and sustainably develop this critical energy resource.”
Elie Lahoud, Chief Operating Officer, Petrofac Engineering & Construction commented: “Petrofac has a long and strong track record supporting ADNOC in the UAE, rooted in our steadfast commitment to maximising local delivery, investing in the local supply chain, and developing local teams. This focus on In-Country Value will once again underpin our approach to delivery for ADNOC on the strategically significant Habshan Complex.”
To assist both domestic and international projects, Petrofac originally established a presence in the UAE in 1991 and has since grown its staff significantly. Emiratization is a top business objective for Petrofac as part of its commitment to delivering in-country value, and the company is aggressively marketing current career possibilities.