Abu Dhabi Company for Onshore Oil Operations (ADCO) has awarded a contract worth approximately $US683 million to state-owned National Petroleum Construction Company (NPCC) to construct a 950 km oil pipeline, located in the United Arab Emirates.
NPCC will perform the engineering, procurement and construction (EPC) for the new pipeline, as well as production well tie-ins and flowlines that will connect the field to four new production facilities.
ADCO General Manager Abdul Munim Saif Al-Kindi told reporters that the contract will be executed in 30 months to increase the capacity of the Bab field from 1.4 MMbbl/d to 1.8 MMbbl/d by 2017.
Eight qualified companies submitted bids for the Bab development contract, including French firm Technip, Spain’s Tecnicas Reunidas, India’s Larsen & Toubro, along with South Korean firms GS Engineering & Construction and SK Engineering & Construction.
Located about 85 km southwest of Abu Dhabi City, the Bab oil field holds more than 500 MMbbl of proven oil reserves and is currently pumping 300,000 bbl/d of oil.
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