To be called the Petroleum Institute, the college will be managed by the US’ Colorado School of Mines. The project is estimated to cost AED 250 million-300 million ($68.2 million-81.8 million) and will be completed by September 2003. The institute will offer five engineering courses, including chemical, mechanical, petroleum, electrical and petroleum geoscience engineering.

The main contract on the project will cover the construction of five buildings for the academic courses, a resource centre, administration building and roads, and landscaping and related electrical, mechanical and plumbing works. The piling package will be tendered separately.

The institute will provide courses for up to 120 students at any one time. ADNOC will build the facilities in partnership with Japan Oil Development Company, TotalFinaElf of France, the UK’s BP, and Royal Dutch/Shell Group.

The US’ NBBJ Sports & Entertainment Partnership has prepared the design and is the consultant. The institute will be an independent legal entity and will have a governing council with a board of directors to be approved by Abu Dhabi’s Supreme Petroleum Council.