ABB awarded US$ 260-million offshore Khuff gas project

abarrelfullabarrelfull wrote on 02 Jan 2014 12:54

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September 12, 2000

Global technology group ABB said today it has won a US$ 260-million contract to design the offshore Khuff gas project, in the Abu Al Bukhoosh Oil Field in Abu Dhabi, United Arab Emirates for an operating arm of the Abu Dhabi National Oil Company (ADNOC).

ABB said the scope of contract includes modifications and technology upgrades of 13 existing gas platforms and the construction of two new platforms. The platforms have topside weights of 4,400 tons and 1,200 tons and are being developed and constructed in water that is between 20 and 30 meters deep.

ABB was awarded the contract by ADMA-OPCO, an operating arm of ADNOC, which is located in Abu Dhabi. ADNOC’s 70-percent owned construction company, National Petroleum Construction Company (NPCC), is the designated fabricator and constructor for the project.

The contract, a further confirmation of ABB’s strong position in the oil, gas and petrochemicals area, follows closely behind four key deals. Today, ABB said it has agreed to invest US$ 100 million in Sinopec Corp., Asia's largest refiner, through an Initial Public Offering (IPO). Late last month, the group announced it had entered a majority-owned joint venture to acquire a polypropylene technology that will extend its petrochemical business. In late July, ABB won a US$ 574 million order, together with Petrofac International Ltd. of the U.S., to design and build a natural gas processing plant for the Ohanet gas fields in Algeria. And, in June, the group said it had agreed to buy the oil and gas activities – as well as the installation business – of Umoe ASA, a leading Norwegian service company in the oil and gas industry.

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