ADMA-OPCO signs Dh 6.2 Billion EPC contract for Umm Lulu Package-2

Abu Dhabi: Abu Dhabi Marine Operating Company, ADMA-OPCO, has signed an Engineering, Procurement '&' Construction (EPC) contract for Umm Lulu (UL) Full-Field Development Project Package-2 with the National Petroleum Construction Company (NPCC) and Technip France Consortium at an approximate value of Dh 6.2 billion (USD 1.69b). The UL development is a strategic initiative of ADNOC and fits within the context of ADMA-OPCO's plans to add 300 mbpd of additional production from its new fields: UL, Nasr and Satah Al-Razboot (SARB) as part of its overall scheme to raise oil production from the current 600,000 bpd to around one million bpd by 2020. The new signing supplements the recent award made in June 2013 by ADMA-OPCO directly to NPCC in the sum of approximately Dh 2.8b for the EPC Work of UL Full Field Development Project - Package 1, comprising the engineering and commissioning of six new wellhead towers, 90km of infield pipelines, 125-km main oil line, 100km of fibre optic cables and brownfield modifications to two existing wellhead towers in the Umm Lulu Field. The new contract was signed yesterday by Ali Rashid Al-Jarwan, CEO of ADMA-OPCO, Aqeel Abdulla Madhi, CEO of NPCC and Vaseem Khan, Chief Executive Officer, Middle East, Technip on behalf of their respective companies. The signing was witnessed by Ali Ghanim Bin Hamoodah, Senior Vice President (Projects-Engineering), ADMA-OPCO, Philippe Barril, Executive Vice President, Onshore-Offshore Chief Operating Officer, Technip, Michael Renaud, Chief Business Officer, Technip, Ali Saeed Al Mazrouei, Senior Vice-President (AS) of ADMA-OPCO and Shaffique A. S. Al Dhiyebi, Senior Vice President (Projects) of NPCC. Following the signing ceremony, the ADMA-OPCO CEO highly commended the prudence of the Government of Abu Dhabi and the unlimited support given by the Emirate's leadership to the oil and gas production enhancement plans. "The contract signing comes under the guidance of Abu Dhabi Government and the support of the Supreme Petroleum Council and the shareholders," said Al-Jarwan, stressing that the entire project is in line with ADNOC guidelines to ensure sustained oil production while maintaining highest HSE standards. He said this project is one of the biggest projects ever with NPCC, noting "We are proud of our partnership with NPCC which proved useful and successful." He said the NPCC-Technip consortium forms a strong combination, hoping that the project would be completed as per the set schedule and quality standards. Package-2 will provide stand-alone oil production facilities comprising a large offshore super complex of six bridge-linked platforms, including gas treatment, gathering, separation, water disposal facilities, utilities and accommodation modules and involves the laying of subsea composite power cables to provide power and control signalling to six new wellhead towers, which are part of Package 1 work, and two existing wellhead towers. NPCC CEO expressed satisfaction with his company's robust and growing partnership with ADMA-OPCO, saying, "NPCC will spare no effort to execute the new project to the full satisfaction of ADMA-OPCO and will ensure the highest abidance by ADNOC HSE code of practices." "This award, one of the largest in the UAE's offshore industry, reinforces NPCC's leadership in the regional Oil and Gas EPC sector and is further testimony of its strong and lasting partnership with ADMA-OPCO," he added. He congratulated ADMA-OPCO on winning the Sheikh Khalifa Excellence Award (SKEA) last week, saying "ADMA-OPCO is our strategic partner and we get inspired by them in terms of organisational excellence". The CEO of Technip said his company is attaching paramount importance to the new project, and looking forward to growing vistas of cooperation with ADMA-OPCO. Technip France will be responsible for overall engineering, which will be carried out by their Abu Dhabi office. Technip will share the procurement and commissioning activities with NPCC, who will carry out fabrication of the entire facilities totalling over 66,000 metric tons at their yard in Mussaffah and the offshore installation. NPCC will act as Consortium Leader. – Emirates News Agency, WAM