ADNOC Gas has granted a USD 3.6 billion contract to a partnership between National Petroleum Construction Company Co. PJSC (NPCC) and Spain’s Tecnicas Reunidas to expand gas processing infrastructure in the UAE.
Aug 9, 2023
ADNOC Gas, Abu Dhabi National Oil Company’s gas unit, has reportedly awarded a USD 3.6 billion contract to a joint venture between National Petroleum Construction Company Co. PJSC (NPCC), owned by Abu Dhabi state fund ADQ, and Spain’s Tecnicas Reunidas. The contract was given to expand its gas processing infrastructure in the United Arab Emirates. The new gas processing facilities will allow an optimized supply to the Ruwais Industrial Complex in Abu Dhabi’s western Al Dhafra region.
The strategic Maximizing Ethane Recovery and Monetization (MERAM) project of ADNOC Gas aims to boost ethane extraction by 35%-40% from its onshore facilities in the Habshan complex by building new processing facilities, as well as to unlock further value from existing feedstock, delivering it to Ruwais through a 120-km (75 miles) natural gas liquids pipeline. ADNOC has shared that over 70% of the contract’s value would “flow back into the UAE’s economy”.