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Thursday, October 5, 2023
Saipem, in consortium with National Petroleum Construction Company (NPCC), has signed a letter of award with ADNOC for a new contract related to the Hail and Ghasha Development Project – Package 1 in the United Arab Emirates. Saipem’s share of the contract amounts to around $4.1 billion.
The project is aimed at developing the resources of the Hail and Ghasha natural gas fields, located offshore Abu Dhabi, UAE. The project scope of work encompasses the Engineering, Procurement and Construction (EPC) of four drilling centers and one processing plant to be built on artificial islands, as well as various offshore structures and more than 300 km of subsea pipelines.
Saipem says this award is in line with its “unique capability to deliver integrated onshore and offshore projects, providing its clients with a single and reliable interface for complex full-field developments. Saipem will leverage on its state-of-the-art shallow water offshore vessels, its advanced welding technology for corrosion resistant materials, as well as its renowned engineering expertise. Furthermore, Saipem will work with ADNOC to continue the project’s focus on biodiversity and responsible environmental stewardship.”
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