Abu Dhabi NOC Adnoc on 27 July awarded two contracts worth $2bn to its listed subsidiary Adnoc Drilling for the under-development 1.5bn cfd Ghasha sour gas concession. A third $681mn logistics contract was awarded to Adnoc Logistics & Services.
The contracts are for the Hail & Ghasha component of the Ghasha concession. Adnoc describes Ghasha as “the world’s largest offshore sour gas development and a key component of Adnoc’s integrated gas masterplan as well as an important enabler of gas self-sufficiency for the United Arab Emirates.” (CONTINUED - 610 WORDS)
