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Monday, October 14, 2024
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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.

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