EXCLUSIVE: Adnoc Offshore completes $1.9bn oil project

04 April 2018
Project was executed by a joint venture of Hyundai Heavy Industries and KBR

A joint venture of Korea’s Hyundai Heavy Industries and Houston-based KBR has completed work on a $1.9bn package to develop Abu Dhabi’s offshore Nasr field, according to industry sources.

The scope of the package included platforms and wellheads, and was part of a larger project worth an estimated $4.75bn.

The project client was Adnoc Offshore and the project management consultant (PMC) was Paris-based Technip.

US-based Fluor Corporation carried out the front-end engineering and design (feed) work and Mott MacDonald acted as consultant.

One remaining package of the larger field development project – an onshore package on Abu Dhabi’s Das Island with a contract value of $150m – is yet to be completed, according to project-tracking service MEED Projects.

It includes the upgrade of seven separation trains and other modifications to cater for increased capacity, and is expected to be completed before the start of the third quarter.

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