Abu Dhabi firm sets deadline for oil management deal

03 December 2009

Adma-Opco to produce 100,000 barrels a day of crude from offshore Sarb field

Abu Dhabi Marine Operating Company (Adma-Opco) has set a December bid deadline for a deal to oversee the design of new oil and gas production facilities at its offshore Saath al-Ras Boot field, also also known as the Sarb field.

The offshore operator has asked international engineering firms bidding on the contract to submit both technical proposals and commercial bids for the project management consultancy (PMC) deal by 19 December.

The winner will oversee the work of the engineering firm that wins the front-end engineering and design (Feed) contract for the development. The company has yet to award the Feed contract for Sarb.

Adma-Opco wants to produce 100,000 barrels a day (b/d) of oil from the previously untapped field. MEED Projects values the scheme at $1.5bn.

The project is the latest in a series that Adma-Opco has launched to increase total production capacity from its current level of 600,000 b/d to 1 million b/d.

The company is a subsidiary of Abu Dhabi National Oil Company. It is also tendering contracts for the previously undeveloped offshore Umm al-Lulu and Nasr fields.

Adma-Opco has yet to set a precise timetable for the development of the Sarb field.

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