ADMA-OPCO finalises Nasr EPC contracts

Abu Dhabi

ABU DHABI, July 23, 2014 – Abu Dhabi Marine Operating Company (ADMA-OPCO) is preparing to finalise engineering, procurement and construction (EPC) contracts for phase one of the Nasr full field development, reports indicated last Tuesday.

The remaining scope of phase one consists of the construction of seven wellhead platforms, risers, infield pipelines, two export pipelines and modifications to a platform receiving gas for delivery to the Habshan onshore processing facilities. Reports suggest that this contract will be awarded in the very near future.

The UAE-based National Petroleum Construction Company is believed to have submitted a low bid of $800 million, with Mott McDonald of the US reported to have bid $850 million.

The Nasr field sits 130 kilometres northwest of Abu Dhabi city and has a current production capacity of 22,000 barrels of oil per day. The construction of the platforms and facilities is expected to increase oil production capacity to 65,000 barrels per day.

The news represents the continuation of an intense period of contracting for ADMA-OPCO – a joint venture between Abu Dhabi National Oil Company and international oil firms BP, Total and the Japan Oil Development Company.

Last week, the offshore operator awarded a $1.94-billion EPC, installation and commissioning contract for three offshore platforms to South Korea’s Hyundai Heavy Industries and Houston-based KBR.

On July 7, UK-based EPC and project management firm Penspen was handed the project management and consultancy contract for the modification of topsides and construction of new flowlines, gas coolers and receiving facilities at the Umm Shaif offshore supercomplex.

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