Adnoc and Taqa announce $2.4bn sustainable water supply project
Partners will hold a 51% stake in project company, with remainder awarded to consortium of Orascom Construction and Metito
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Partners will hold a 51% stake in project company, with remainder awarded to consortium of Orascom Construction and Metito
Over 75% of the award value could flow back into the UAE economy under Adnoc’s In-Country Value programme
Total value of drilling-related framework agreements and procurement awards since November 2021 increases to over $8.5 billion (Dh31.2 billion)
Potential for over 80% of the value to flow back into the UAE economy under Adnoc’s In-Country Value program.
The engineering, procurement, and construction (EPC) contract awarded by Adnoc Offshore is for the strategic long-term development of Adnoc’s Umm Shaif field.