Petrofac Wins 700 Million Dollar EPC Contract

Mega Project Petrofac Wins 700 Million Dollar EPC Contract

2023-07-05 Source: Press release Petrofac 1 min Reading Time

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Adnoc has awarded Petrofac with an EPC contract for developing a new gas compressor plant at its Habshan Complex located to the west of Abu Dhabi in the UAE. With this project, the firm aims to increase the total gas output at the complex.

The contract, awarded to Petrofac Emirates, is valued at approximately 700 million dollars and involves the EPC of a new gas compressor plant. (Source: Petrofac) — The contract, awarded to Petrofac Emirates, is valued at approximately 700 million dollars and involves the EPC of a new gas compressor plant.
(Source: Petrofac)

Jersey/UK – Petrofac has been selected by the Abu Dhabi National Oil Company (Adnoc) subsidiary, Adnoc Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.

The contract, awarded to Petrofac Emirates, is valued at approximately 700 million dollars and involves the Engineering, Procurement and Construction of a new gas compressor plant. Comprising three gas compressor trains, associated utilities and power systems, the new plant will support Adnoc to substantially increase gas output from the Habshan Complex, West of Abu Dhabi.

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Tareq Kawash, Petrofac's Group Chief Executive, said: “We are thrilled to have been selected by Adnoc, one of Petrofac’s longest-standing customers, to undertake this significant new EPC project in our home market of the UAE. We very much look forward to working together with Adnoc to safely and sustainably develop this critical energy resource.”

Elie Lahoud, Chief Operating Officer, Petrofac Engineering & Construction commented: “Petrofac has a long and strong track record of supporting Adnoc in the UAE, rooted in our steadfast commitment to maximizing local delivery, investing in the local supply chain, and developing local teams. This focus on In-Country Value will once again underpin our approach to delivery for Adnoc on the strategically significant Habshan Complex.”

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