40 C
Dubai
Friday, July 26, 2024
spot_img

UAE’s Adnoc awards $3.6B for gas processing expansion

Adnoc Gas plc, a leading integrated gas processing firm, has granted a $3.6 billion (Dh13.1 billion) contract to a joint venture between National Petroleum Construction Company Co PJSC (NPCC) and Tecnicas Reunidas S.A. This partnership will expand UAE’s gas processing infrastructure.

The contract’s scope involves setting up new gas processing facilities to optimize supply to the Ruwais Industrial Complex.

The Maximising Ethane Recovery and Monetisation (MERAM) initiative aims to increase ethane extraction by 35-40% from existing Habshan complex facilities and deliver it to Ruwais through a dedicated 120-kilometer NGL pipeline.

Over 70% of the awarded value contributes to UAE’s economy via Adnoc’s In-Country Value (ICV) program, fostering local growth and diversification.

Ahmed Mohamed Alebri, CEO of Adnoc Gas, highlighted the project’s significance in meeting energy demands, driving industrial growth, and generating ICV. Natural gas, a low-carbon transitional fuel, also plays a key role in industrial processes.

Adnoc Gas capitalizes on Adnoc’s integrated gas masterplan to ensure sustainable natural gas supply, employing innovative technologies to enhance recovery from existing fields and tap into untapped resources.

Next Article

Related Articles

UAE Secures Victory in Bid to Host COSPAR 2028

UAE has secured a prestigious victory by winning the bid to host the Committee on Space Research (COSPAR) Assembly in 2028. This milestone event, which...

Alert Smart City: An Investment Opportunity to Revolutionize Crisis Communication in the Era of Climate Change

Leadership in Urban Resilience: The Journey of a Smart City in Crisis Communication Since its inception in 2019, Alert Smart City has been at the...

Srikanth Ravinutala and Adaapt AI : A Journey of Digital Transformation

Introduction Adaapt AI, led by Srikanth Ravinutala, is a pioneering AI-driven platform designed for digital transformation heads, enabling seamless adaptation to new technologies. By...

Explore the GCC’s Newest AI Innovation for Transforming Your Social Media Strategy!

Ardalan Zadehsoltan, founder and CEO of Unlock AI, launched the company to address social media management challenges faced by clients. With a background in...

Sreshta Farmer Producer Company Limited: Pioneering Technology-Driven Farming in Andhra Pradesh

Introduction to Sreshta Farms Sreshta Farmer Producer Company Limited (Sreshta Farms) was established in Kollipara, Andhra Pradesh, with the vision of creating a technology-driven agricultural...

Latest Articles