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    KBR Bags ADNOC Contract

Summary

The work is expected to be performed over four years with an optional extension for two more years.

by: Shardul Sharma

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Natural Gas & LNG News, Middle East, Corporate, Exploration & Production, Contracts and tenders, News By Country, United Arab Emirates

KBR Bags ADNOC Contract

KBR February 3 said it has been awarded a project management consultancy (PMC) services contract by Abu Dhabi National Oil Company (ADNOC) for the Ghasha Concession portfolio of projects.

Under the terms of the contract, KBR will act as the main PMC contractor responsible for managing the engineering, procurement and construction (EPC) contractors for packages A & B of the Dalma gas development project, packages 1-5 of the Hail & Ghasha development project, Hail & Ghasha islands project as well as the Deep gas project. This work is expected to be performed over four years with an optional extension for two more years, KBR said.

KBR said the Ghasha mega-project has the potential to meet about 20% of the UAE’s gas demand by around the second half of the decade.

“We look forward to continuing our long-term relationship with ADNOC and to demonstrating once again our world class ability to manage large-scale, complex projects such as this on time, within budget, but most of all with a strict safety culture,” said CEO Stuart Bradie. “We are confident that the Ghasha Concession Project will significantly boost In-Country Value. As always, KBR remains fully committed to act as one of ADNOC’s strategic partners to achieve the targeted In-Country Value objectives.”