Chiyoda-CCC awarded $150m UAE offshore contract

23 August 2015

Japanese-led joint venture to carry out modifications at Das Island for Nasr development

  • Contract is latest deal on offshore field development
  • Project will modify facilities at Adma-Opco processing hub
  • Nasr phase one being commissioned

Chiyoda-CCC Engineering Limited (CCEL) has won a $150m contract on the development of Abu Dhabi’s offshore Nasr field, according to source familiar with the project.

The company, an Abu-Dhabi-based joint venture of Japan’s Chiyoda and Athens-based Consolidated Contractors Company (CCC), was awarded the engineering, procurement and construction (EPC) contract by Abu Dhabi Marine Operating Company (Adma-Opco).

The contract covers modifications of facilities at Das Island where Adma-Opco processes crude oil produced from its offshore fields.

CCEL was formed in early 2013 for the two companies to target small-to-medium-sized brownfield EPC projects in the region’s oil and gas sector.

Adma-Opco has been developing the Nasr field over two phases, commissioning the first phase in early 2015. At the time, the company said Nasr is expected to hit production of 22,000 barrels a day (b/d) by the end of the year.

Adma-Opco awarded the main EPC contracts for phase two during 2014. The $792m first package was awarded to UAE-based National Petroleum Construction Company (NPCC), while South Korea’s Hyundai Heavy Industries (HII) won the $1.94bn second package in consortium with US-based KBR.

Earlier this year Switzerland-based ABB won a sub-contract worth $100m for electrical and telecommunication systems on the development.

Nasr, which lies 130 kilometres northwest of Abu Dhabi city, is part of Adma-Opco’s offshore expansion programme, which also encompasses the Satah al-Razboot (Sarb) and Umm al-Lulu fields. The offshore producer plans to boost its production capacity by 400,000 b/d by 2020.

Adma-Opco is majority-owned by state-run Abu Dhabi National Oil Company (Adnoc), with minority stakes held by the UK’s BP, France’s Total and Japan Oil Development Company (Jodco).

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