Stay updated with breaking news from Umm Shaif. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The investment supports ADNOC’s oil production capacity plans of five million barrels per day by 2030 while ensuring energy security for the United Arab Emirates and partners around the world.
The Umm Shaif investment works to further ADNOC’s plan to increase oil production capacity and strengthen its energy independence.
ABU DHABI, 5th January, 2022 (WAM) -- Abu Dhabi National Oil Company (ADNOC) announced today the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports ADNOC’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for the United Arab Emirates and partners around the world. The ‘Long-Term Development Plan – Phase 1’ (LTDP-1) EPC contract was awarded by ADNOC Offshore...
ADNOC has awarded a $946 million EPC contract for the strategic long-term development of its Umm Shaif field.
Abu Dhabi National Oil Company (Adnoc) has awarded a $946 million engineering, procurement and construction (EPC) contract to National Petroleum Construction Company (NPCC) for the strategic long-term development of its Umm Shaif field.