Abu Dhabi has invited companies to submit proposals to build a plant to process gas produced at the Al-Dabbiya oil field, according to sources familiar with the project.
Several international engineering companies have been prequalified to submit technical engineering, procurement and construction (EPC) bids by 1 March on the project.
Prequalified companies are thought to include:
- GS Engineering & Construction (South Korea)
- Petrofac (UK)
- Saipem (Italy)
- Samsung Engineering (South Korea)
- SK Engineering & Construction (South Korea)
- Technip (France)
- Tecnimont (Italy)
Frances Technip was awarded the front-end engineering and design (feed) for the scheme and completed the study at the end of 2015, according to sources.
Adco is currently carrying out the third-phase expansion at the Al-Dabbiya oil field, which lies in a coastal shallow and deep marine area to the southwest of Abu Dhabi city.
The EPC contract was awarded to Italys Tecnimont in the final quarter of 2014 in a deal worth $2.3bn.
The North East Bab asset, where the Al-Dabbiya field is located, has the capacity to produce about 110,000 barrels a day (b/d) about 8 per cent of Adcos total production and this capacity is due to be doubled after the third-phase expansion projects completion.
The planned plant is expected to process the gas associated with this increase in oil production and supply it to Abu Dhabis gas pipeline network.
Adco is a joint venture of Abu Dhabi National Oil Company, Frances Total (10 per cent), Japans Inpex (5 per cent) and South Koreas GS Energy (3 per cent). The onshore operator is expected to award more stakes to bring the interest held by international oil companies to a total of 40 per cent.