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Thursday, February 01, 2024

UAE-ADNOC onshore assets: The bidders and contracts on offernote

ADNOC is carrying out an expansion of its onshore oil production.

ADNOC confirms it has received several bids for two engineering, procurement, construction, and management (EPCM) deals involving the expansion of Abu Dhabi's South East Onshore and North East Bab assets.

However, one of these assets is yet to be tendered.

The following note sheds light on the following key aspects:

- The details of the tenders offered

- The companies vying for the EPCM deals

- The asset that is yet to be tendered

- The planned production increase for each asset

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