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ADNOC Awards $975 Mln Contract to Develop Offshore Field in UAE

UAE’s ADNOC Offshore has awarded a 3.588 billion dirhams ($975 million) artificial island construction contract to ADNOC Logistics & Services (ADNOC L&S). The project involves dredging, land reclamation, and marine construction for artificial island G at the Lower Zakum field offshore. ADNOC L&S is primed to execute major offshore engineering, procurement, and construction contracts. “The EPC market is expected to experience substantial growth in the region in the coming years,�...
Abu Dhabi Abuz Aby United Arab Emirates Abdulkareem Al Masabi Logistics Services Platform Logistics Services
Source: aawsat.com

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ADNOC L&S awarded $975 million EPC Contract for Construction of Offshore Artificial Island

As part of ADNOC’s In-Country Value programme, at least 75% of the total contract value for dredging, land reclamation and marine construction of an artificial island "G” for the Lower Zakum offshore field, will flow back into the UAE economy.
Abuz Aby United Arab Emirates Abu Dhabi Abdulkareem Al Masabi Abu Dhabi Securities Exchange Logistics Service

Emirates News Agency - ADNOC L&S awarded $975 million EPC Contract for Construction of Offshore Artificial Island

ABU DHABI, 8th June, 2023 (WAM) -- ADNOC Logistics and Services plc, a global energy maritime logistics leader, announced today that it has been awarded a $975-million artificial island construction contract by ADNOC Offshore.As part of ADNOC’s In-Country Value programme, at least 75% of the total contract value for dredging, land reclamation and marine construction of an artificial island “G” for the Lower Zakum offshore field, will flow back into the UAE economy.This award is a significa...
Abu Dhabi Abuz Aby United Arab Emirates Abdulkareem Al Masabi Logistics Services Platform Term Development Plan
Source: wam.ae

ADNOC L&S Awarded $975 Million EPC Contract for Construction of Offshore Artificial Island

ADNOC Logistics and Services plc (ADX symbol ADNOCLS / ISIN “AEE01268A239”), a global energy maritime logistics leader, announced today that it has been awarded a $975-million artificial island construction contract by ADNOC Offshore. As part of ADNOC’s I
Abuz Aby United Arab Emirates Abu Dhabi Abdulkareem Al Masabi Logistics Services Platform Term Development Plan

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