Adnoc Gas, a unit of Abu Dhabi National Oil Company, today (August 9) announced that it has awarded a $3.6 billion contract to a joint venture between National Petroleum Construction Company Company (NPCC) and Spanish group Tecnicas Reunidas for expansion of its gas processing infrastructure in the UAE. 

 

A world-class integrated gas processing company, Adnoc Gas said the scope of work includes the commissioning of new gas processing facilities which will enable an optimized supply to the Ruwais Industrial Complex.

 

The strategic Maximizing Ethane Recovery and Monetization (MERAM) project aims to achieve dual objectives; firstly, to increase ethane extraction, by a range of 35 - 40%, from Adnoc Gas’s existing onshore facilities in the Habshan complex through the construction of new gas processing facilities; and secondly, to unlock further value from existing feedstock and deliver it to Ruwais via a dedicated 120 km natural gas liquids (NGL) pipeline.

 

Over 70% of the award value will flow back into the UAE’s economy under Adnoc's successful In-Country Value (ICV) program, supporting local economic growth and diversification.

 

On the contract award, Adnoc Gas CEO Ahmed Mohamed Alebri said: "This capital project represents Adnoc Gas’ latest investment in its gas processing infrastructure and underscores our commitment to responsibly meeting our customers’ current and future energy demand for natural gas and its feedstock."

 

"The expansion of our gas processing infrastructure will also provide  additional energy to the country’s growing industrial section, while stimulating economic growth and diversification through the significant ICV generated by the contract," he added.-TradeArabia News Service