Adnoc and Adma-Opco to decide offshore field bid deadlines in December
Board members of Abu Dhabi National Oil Company (Adnoc) will meet executives of its subsidiary Abu Dhabi Marine Operating Company (Adma-Opco) in December to decide on the bidding schedule for more than $4.5bn-worth of offshore schemes.
Adma-Opco is planning to develop the Umm al-Lulu, Nasr and Satah al-Rasboot (Sarb) oil fields as part of the emirate’s plan to boost offshore production capacity to 1.75 million barrels a day (b/d) by 2020, from 1.1 million b/d currently.
A meeting had been scheduled for 26 November, but this has now been pushed back to 15 December, according to sources close to the company.
The development of the schemes is thought to include several engineering, procurement and construction (EPC) packages, including building wellhead towers and pipelines, gas processing facilities, utilities and accommodation.
The US’ Fluor carried out the front-end engineering and design (feed) work for the Umm al-Lulu field, which was completed in August. It was selected again in October to work on the feed for the Nasr field (MEED 19:10:11).
The contract is part of Adma-Opco’s plan to add 300,000 b/d of additional production from four new offshore fields by 2014. About 100,000 b/d will come from the Umm Lulu field, with the remaining 65,000 b/d coming from the Nasr field, which will be developed in two phases. The Sarb field will add another 100,000 b/d.
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