The UAE’s state-owned oil company, Abu Dhabi National Oil Company (ADNOC), has announced contracts worth $245m to upgrade two main oil lines (MOLs) and the Jebel Dhanna Terminal in Abu Dhabi.
The two engineering, procurement, and construction (EPC) contracts have been awarded by ADNOC subsidiary ADNOC Onshore.
A $135m contract has been secured by China Petroleum Pipeline Engineering (CPP), while Abu Dhabi-based Target Engineering Construction has won the other contract valued at $110m.
ADNOC upstream directorate executive director Yaser Saeed Almazrouei said: “The EPC contracts awarded by ADNOC Onshore will increase the capacity of the two main oil lines and upgrade the Jebel Dhanna Terminal to enable it to receive Upper Zakum and Non-System crude for delivery to the Ruwais Refinery West project.
“The awards follow a very competitive tender process and highlight how ADNOC is making smart investments to optimize performance and unlock greater value from our assets.
“Crucially, a significant portion of the awards will flow back into the UAE’s economy under ADNOC’s ICV programme, reinforcing our commitment to maximise value for the nation as we create a more profitable upstream business and deliver our 2030 strategy.”
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By GlobalDataUnder the work scope of its contract, CPP will replace two MOLs.
The two MOLs transport ADNOC’s Murban crude oil from its oilfields at Bab, Bu Hasa, North East Bab, as well as South East (SE) to Jebel Dhanna terminal.
The replacement project, which is expected to be completed in 30 months, is aimed at increasing the capacity of the pipelines by around 30%.
Meanwhile, the scope of the contract awarded to Target Engineering includes upgrading the crude receiving facilities at the Jebel Dhanna Terminal. This contract is expected to be completed within a period of 20 months.
Last month, ADNOC said it made significant progress on its crude flexibility project (CFP) by achieving 73% completion on the Ruwais oil refinery upgrade.
In June, the state-owned firm reached a $20.7bn gas infrastructure deal with a consortium of investors.
