Abu Dhabi’s Adnoc on 18 May announced a $318mn contract “to connect newly drilled smart wells to the main production facilities at Bu Hasa, which will sustain production capacity of 650,000 b/d at Adnoc’s largest onshore asset.”
The EPC contract was awarded by its subsidiary Adnoc Onshore in two packages: $158.6mn Package 1 to China Petroleum Pipeline Engineering; and $159.1mn Package 2 to Abu Dhabi’s Robt Stone (ME) LLC. The contracts are for three years, with the option of a two-year extension. (CONTINUED - 192 WORDS)