Wison Engineering Services Co. Ltd. (“Wison Engineering” or “Company”) (Stock code: 2236.HK) is pleased to announce that Wison Energy Engineering (Hong Kong) Limited - Abu Dhabi (an indirect wholly-owned subsidiary of the Company), as contractor, was recently awarded an Engineering, Procurement, Construction, Commissioning and Start-Up (EPC) Works Project, to improve sulphur recovery efficiency at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais Refinery Complex. The total consideration under the contract is approximately US$80 million. The Sulphur Recovery Unit (SRU) Replacement Project is scheduled to be completed in 2021.

The Sulphur Recovery Unit (Unit 106) Replacement Project Wison Engineering signed in Abu Dhabi stands for a high recognition to Wison Engineering in the Middle East chemical industry (Before, Wison Engineering had successfully delivered one EPCC Project to ADNOC). Meanwhile, the project is taking another significant step forward in delivering ADNOC’s Downstream strategy and will play a significant role in increasing value from existing assets.

Abdulla Ateya Al Messabi, Manager of ADNOC’s Refining & Petrochemicals Business Unit, said: “The contract has been awarded after a rigorous and robust tendering process. Wison Energy Engineering was selected for its track record in delivering related projects. It will allow us to enhance the value from our existing resources and assets by increasing the efficiency of our operations and reducing operational and maintenance costs.”

Zheng Shifeng, Senior Vice President of Wison Engineering, said: “We appreciate the trust and support rendered by ADNOC. As one of the leading EPC and technical service providers in China, we will fully leverage our advantages as a Chinese enterprise while maintaining close communication with ADNOC on driving ICV for the UAE. We will work closely with ADNOC and give the firm support to maximise spending on local goods and services, to support socio-economic growth, improve knowledge transfer, and create job opportunities for UAE nationals by providing differentiated and high value-added services.”

About Wison

The Wison group is a diversified corporation focusing on energy investments and services. With decades of experience in large-scale high technology projects and project management, the group has grown to encompass three business sectors spanning from Engineering Services, Offshore & Marine and Investment Business.

About the Abu Dhabi National Oil Company (ADNOC)

ADNOC is one of the world’s leading oil and gas companies and is fully owned by the government of the Emirate of Abu Dhabi. The company was founded in 1971 and is active in all areas of the oil and gas industry.
It has 17 specialized subsidiaries and joint ventures operating in both upstream and downstream sectors. The ADNOC Group is active in the United Arab Emirates and across the whole world and produces more than 2.7 million boe a day. In the past few years, significant achievements were made in the expansion of the development of gas fields to meet the increased demand from industry gas users; and gas injection requirements in order to enhance the oil and condensate recovery from the producing fields.
While carrying out all its business activities, ADNOC is committed to sustainable development, ensuring a harmonious balance between people’s needs and Earth’s resources, adhering to the best international practices and supporting all programs and initiatives of environment protection while its track record in HSE sets the standard not only at the regional Gulf level but at the international level as well.