Adnoc on 3 July announced the award of contracts worth $1.34bn for the processing and distribution of natural gas throughout the UAE. The state energy giant’s recently-listed Adnoc Gas subsidiary awarded the UK’s Petrofac a $700mn contract for development of a new gas processing facility, while a consortium of local firm NPCC and Lebanon’s C.A.T scooped a $615mn pipeline development contract.
These projects are broadly aimed at handling increased volumes of associated gas which will be produced as a byproduct of Adnoc’s work to expand crude oil capacity to 5mn b/d by 2027 (MEES, 2 December 2022). Some of these volumes, alongside those from planned non-associated gas-projects, will then be transported to the Northern Emirates as Adnoc Gas aims to cement its “pivotal role in supplying sustainable gas supplies in support of UAE gas self-sufficiency.” (CONTINUED - 735 WORDS)
