Contracts for the Hail and Ghasha gas development project have officially been awarded.
The Abu Dhabi National Oil company (ADNOC) awarded the project’s contracts. The first is a US$ 1.3 billion contract for integrated drilling services and fluids. The second is valued at US$ 711M. This is for the provision of four Island Drilling Units. Both contracts, the total value of which is US$2 billion were awarded to ADNOC Drilling.Â
Additionally, ADNOC Logistics and Services got a third contract with a value of US$ 681M. This contract is for the provision of marine support services as well as offshore logistics.
The Minister of Industry and Advanced Technology, Managing Director, and Group CEO of ADNOC spoke about the project. Dr. Sultan Ahmed Al Jaber remarked that the contract awards mark yet another important milestone in the delivery of the Ghasha mega-project. Sultan Ahmed also added that the contracts demonstrate deep experience alongside expertise within ADNOC in general.Â
Hail and Ghasha gas development, a part of Ghasha Concession
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The Hail and Ghasha gas development project is reportedly a part of the Ghasha Concession and an essential enabler of gas self-sufficiency for the United Arab Emirates (UAE).Â
The Ghasha Concession is the world’s largest offshore sour gas development. Moreover, it is a significant and key component of ADNOC’s integrated gas master plan. The plan features the application of new technologies and approaches to enable increased gas recovery.
Additionally, the plan also aims to develop untapped resources and leverage innovation to continually drive emissions reduction. The master plan links every part of the gas value chain. This further ensures an economic and sustainable economic supply of natural gas to meet growing UAE requirements.Â