Abu Dhabi’s ADNOC awards $744m EPC contract to NPCC
The development will enable the Belbazem offshore block to achieve a crude oil production capacity of 45,000 bpd with first oil expected in 2023
by Zainab Mansoor
May 25, 2021
UAE state-owned energy company Abu Dhabi National Oil Company (ADNOC) has awarded a $744m (Dhs2.73bn) contract for the full field development of the Belbazem Offshore Block.
Al Yasat Petroleum Operations Company (Al Yasat), ADNOC’s subsidiary and joint venture with China National Petroleum Corporation (CNPC), awarded the contract to the National Petroleum Construction Company (NPCC). The block consists of three offshore fields – Belbazem, Umm Al Salsal, and Umm Al Dholou.