Gulf Oil and Gas accountACCOUNT

Wood Secures USD53 million of Contracts Supporting ADNOC Onshore

Source: www.gulfoilandgas.com 11/12/2018, Location: Middle East

Wood has been awarded three new call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC).

Project management consultancy (PMC) services will be provided for major projects across the company’s onshore fields in Abu Dhabi, aimed at supporting ADNOC’s group-wide production capacity target of 4 million barrels of oil per day by 2020.

Creating around 100 new jobs in-country, the five-year contracts have one-year extension options available.

This win builds on Wood’s successful track record of partnering with ADNOC, which spans over 40 years and has included multiple, significant PMC projects.

Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia and Australia said:

'Wood has a strong foothold in the Middle East and our strategic focus on continuing to broaden the capabilities we deliver to the oil and gas market in this region is demonstrated by these new contracts.

'We look forward to working closely with ADNOC Onshore to continue to deliver safe and effective services, applying our ingenuity and expertise to maximise production of its onshore assets in line with their 2030 strategy.

'We are focused on supporting in-country value and closer collaboration with the UAE supply chain, using local vendors for the purchase of goods and services. We are also committed to creating opportunities to nurture new industry talent in Abu Dhabi and the UAE, which will be central to our successful execution of this contract.'

The contract will be delivered from Wood’s offices in Abu Dhabi with support from the company’s expertise globally.

Project & Resource Management News in United Arab Emirates >>

Oman >>  5/15/2019 - KBR, Inc. (KBR) has been awarded a Front End Engineering Design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their facility at Sur in ...
United Arab Emirates >>  5/10/2019 - McDermott International has been awarded a sizeable* contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm...

Iraq >>  5/9/2019 - Iraq is planning a $53 billion mega project with global energy giants ExxonMobil and PetroChina to use seawater from the Persian Gulf to boost oil pro...
Qatar >>  5/9/2019 - Northern Offshore announces firm Letter of Awards for two (2) long-term contracts for its premium, heavy-duty jack-up drilling units from Qatar Petrol...

Saudi Arabia >>  5/3/2019 - KBR, Inc. (KBR) has received a three year extension to its existing General Maintenance Services (GMS) contract for the 440,000 bpd refinery at SATORP...
United Arab Emirates >>  5/1/2019 - McDermott International, Inc. (MDR) announced it has been awarded a sizeable* contract by ADNOC Refining to provide front-end engineering design (FEED...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.