Abu Dhabi state giant Adnoc’s Adnoc Onshore subsidiary this week awarded three contracts worth $324mn “to optimize onshore field operations and enhance efficiencies.” More than 70% of the value is expected to stay in the UAE under the In Country Value (ICV) program.
Robt Stone (Middle East LLC) snagged a $168mn contract to “procure and construct flowlines and wellhead installations” for the 420,000 b/d capacity Bab field. A $71mn deal went to Galfar Engineering & Contracting (WLL - Emirates) to procure and construct flowlines and wellhead installations for the 340,000 b/d Asab and 100,000 b/d Sahil fields – both part of the South East Asset. (CONTINUED - 149 WORDS)