Arabia Saudita
TECNIMONT AWARDS SUB-CONTRACTS ON HAIL AND GHASHA SCHEME
Tecnimont, the main contractor performing engineering, procurement and construction (EPC) works on the onshore package of the estimated $17bn Hail and Ghasha sour gas project of Abu Dhabi National Oil Company (Adnoc), has awarded a series of sub-contracts. Adnoc awarded the Italian contractor the onshore EPC package, worth $8.7bn, in October last year. The scope of work broadly involves EPC of large onshore facilities, including carbon dioxide and sulphur recovery and handling. Tecnimont has, in turn, awarded UAE-based Inco Group a sub-contract for building up to 30 storage tanks and two spheres, adding that the value of the sub-contract is estimated to be $70m-$80m. Additionally, Tecnimont has awarded sub-contracts for civil, mechanical, electrical and instrumentation works on the Hail and Ghasha onshore package. These jobs have been awarded to Abu Dhabi-based Denholm Yam, Saudi Arabia’s Nasser S Al-Hajri Corporation and Kuwait-headquartered NBTC. Hail and Ghasha scheme The Ghasha concession consists of the Hail and Ghasha fields, along with the Hair Dalma, Satah, Bu Haseer, Nasr, Sarb, Shuwaihat and Mubarraz fields. Adnoc Group owns and operates the Ghasha concession, holding the majority 55% stake. The other stakeholders in the asset are Italian energy major Eni with a 25% stake, Thailand’s PTTEP Holding with 10% and Austria’s OMV and Russia’s Lukoil with 5% interests each. Adnoc expects total gas production from the concession to ramp up to more than 1.5 billion cubic feet a day (cf/d) before the end of the decade. This target will mainly be achieved through the Hail and Ghasha sour gas development project. In October last year, Adnoc and its partners awarded $16.94bn of EPC contracts for its Hail and Ghasha project – the biggest capital expenditure made by the Abu Dhabi energy company on a single project in its history. While Adnoc awarded the onshore EPC package to Tecnimont, the offshore EPC package was awarded to a consortium of Abu Dhabi’s NMDC Energy and Italian contractor Saipem. The $8.2bn contract relates to EPC work on offshore facilities, including facilities on artificial islands and subsea pipelines. Prior to reaching the final investment decision on the Hail and Ghasha project last year, the Ghasha concession partners, led by Adnoc, awarded two EPC contracts worth $1.46bn in November 2021 to execute offshore and onshore EPC works on the Dalma gas development project. Prior to reaching the final investment decision on the Hail and Ghasha project last year, the Ghasha concession partners, led by Adnoc, awarded two EPC contracts worth $1.46bn in November 2021 to execute offshore and onshore EPC works on the Dalma gas development project. (ICE RIYADH)
Fonte notizia: Meed