Adnoc has taken the final investment decision (FID) on its planned 9.6mn t/y Ruwais LNG export facility, which is due online by the end of 2028. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, chaired a 12 June meeting of the Executive Committee of the Adnoc Board of Directors in which he endorsed FID and the award of a key $5.5bn EPC contract.
The decision comes after Adnoc earlier this year issued a Limited Notice to Proceed (LNTP) for early EPC activities to a JV of Technip Energies, JGC and local firm NMDC Energy (MEES, 15 March). Satellite imagery confirms that early site work has since taken place. (CONTINUED - 498 WORDS)
