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  • ADNOC Gas Awards $3.6 Billion Contract to Expand its Gas Processing Infrastructure
    édité le 11/08/2023 - Plus de news de "ADNOC" - Voir la fiche entreprise de "ADNOC"


ADNOC Gas Awards $3.6 Billion Contract to Expand its Gas Processing Infrastructure
ADNOC Gas plc (Adnoc), the world-class integrated gas processing company, announced the award of a $3.6 billion (AED13.1 billion) contract to the joint venture between Co. PJSC (NPCC) and Tecnicas Reunidas S.A. to expand its gas processing infrastructure in the UAE. The scope of the contract includes the commissioning of new gas processing facilities which will enable an optimized supply to the Ruwais Industrial Complex.

The strategic Maximizing Ethane Recovery and Monetization (MERAM) project aims to achieve dual objectives; firstly, to increase ethane extraction, by a range of 35 - 40%, from ADNOC Gas’s existing onshore facilities in the Habshan complex through the construction of new gas processing facilities; and secondly, to unlock further value from existing feedstock and deliver it to Ruwais via a dedicated 120 kilometer natural gas liquids (NGL) pipeline.

Over 70% of the award value will flow back into the UAE’s economy under ADNOC's successful In-Country Value (ICV) program, supporting local economic growth and diversification.

Ahmed Mohamed Alebri, Chief Executive Officer of ADNOC Gas, said: "This capital project represents ADNOC Gas’ latest investment in its gas processing infrastructure and underscores our commitment to responsibly meeting our customers’ current and future energy demand for natural gas and its feedstock. The expansion of our gas processing infrastructure will also provide additional energy to the country’s growing industrial section, while stimulating economic growth and diversification through the significant ICV generated by the contract.”

Natural gas is an important transitional fuel with lower carbon emissions when burned compared to other fossil fuels. It also serves as an important raw material in industrial value chains.
ADNOC Gas continues to leverage opportunities arising from ADNOC’s integrated gas masterplan which links every part of the gas value chain in the UAE, ensuring a sustainable and economic supply of natural gas to meet local and international demand. The plan includes new approaches and technologies to enable increased gas recovery from existing fields and develop untapped resources.

ADNOC Gas continues to leverage opportunities arising from ADNOC’s integrated gas masterplan which links every part of the gas value chain in the UAE, ensuring a sustainable and economic supply of natural gas to meet local and international demand. The plan includes new approaches and technologies to enable increased gas recovery from existing fields and develop untapped resources.

About ADNOC Gas

ADNOC Gas, listed on the ADX (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), is a world-class, large-scale integrated gas processing company operating across the gas value chain, from receipt of raw gas feedstock from ADNOC through large, long-life operations for gas processing and fractionation to the sale of products to domestic and international customers. ADNOC Gas supplies approximately 60% of the UAE’s sales gas needs and supplies end-customers in over 20 countries.

About National Petroleum Construction Company

NPCC was established in 1973, and is a World Class Engineering, Procurement and Construction Company, that provides Total EPC
Solutions to both Offshore and Onshore Oil and Gas Sector. It provides Engineering, Procurement, Project Management, Fabrication,
Installation and Commissioning Services to project owners and operators.
NPCC is head-quartered in Abu Dhabi and operates in Arabian Gulf, South Asia and South East Asia, and has future plans to expand its
operations to Africa and Caspian region.

About Técnicas Reunidas

The Spanish company Técnicas Reunidas is a global engineering and construction company, with presence in 25 countries and a track record of more than 1,000 industrial plants over its more than 60 years of experience.
Técnicas Reunidas is specialized in the design and construction of large industrial plants dedicated to the production of clean fuels, natural gas, and chemical products. The company is also at the forefront in technologies and solutions related to the energy transition, the circular economy and asset decarbonization. These solutions encompass technologies such as renewable hydrogen and its derivatives, biofuels and biochemicals, and carbon capture.
Técnicas Reunidas has launched track, its strategy for the energy transition. Through track, Técnicas Reunidas aims to maximize its opportunities and accelerate its implementation in the forthcoming low carbon economy. The main activities included in track are engineering services for the early stages of projects, project development and carbon and methane management.
With a workforce of more than 7,500 employees, most of whom are highly qualified engineers, Técnicas Reunidas’ headquarters in Spain serves as a center of engineering excellence.


Origine : Communiqué ADNOC

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