Local firm wins $50m contract on Zirku Island

10 September 2012

Actco to build accommodation at Zadco’s offshore Abu Dhabi processing hub

UAE-based Actco General Contracting Company has won a $50m deal to build a camp for oil contractors on Zirku Island off the coast of Abu Dhabi.

The project is owned by Zakum Development Company (Zadco), which uses Zirku Island to process, store and export crude oil pumped at its Upper Zakum, Umm Al-Dalkh and Satah oil fields.

Actco will erect five accommodation buildings and associated facilities on the island, with construction expected to be completed by the end of 2014.

Other companies bidding for the contract included Geneva-registered Archirodon Construction, Athens-based Consolidated Contractors Company (CCC) and local groups Ata Ascon, Granite Construction Company and Target Engineering Construction Company.

Zadco is a joint venture of state-owned Abu Dhabi National Oil Company (Adnoc), US oil major ExxonMobil and Japan Oil Development Company.

The group is planning a major expansion of its Zirku Island processing facilities, including two new oil processing trains and an additional gas treatment plant.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications