Petrofac Chosen for 0 Million Habshan Project by ADNOC Gas

by Dubaiforum
3 minutes read

Petrofac Secures Significant EPC Contract with ADNOC Gas for New Compressor Plant in Abu Dhabi

In a move that underscores its prominent role in the United Arab Emirates’ energy sector, Petrofac has recently been awarded a substantial engineering, procurement, and construction (EPC) contract valued at over US0 million (€291 million) by the Abu Dhabi National Oil Company Gas (ADNOC Gas). This project is set to take place at the expansive Habshan Complex, a key facility for the region’s natural gas production.

This latest contract marks a significant milestone as it represents the third EPC engagement for Petrofac at the Habshan Complex. The current scope of work encompasses the establishment of two gas compressor trains, alongside the development of auxiliary utilities and power systems essential for the functioning of the new facility. The strategic significance of this project cannot be overstated, as it is designed to bolster ADNOC Gas’s operational capacity and further augment output for the impending Ruwais LNG project. Scheduled for completion in 2028, the project plays a pivotal role in ADNOC’s vision to meet the rising demand for liquefied natural gas in various international markets.

Elie Lahoud, the Chief Operating Officer of Petrofac’s Engineering & Construction division, articulated the company’s enthusiasm regarding this project. He remarked, “The expansion of our role at the Habshan Complex is testament to the delivery expertise deployed by our team on this and various other projects throughout our long history supporting ADNOC in the UAE.” This statement highlights Petrofac’s long-term commitment to fostering successful partnerships in the region, reflecting a collaborative spirit that is essential in today’s complex energy landscape.

Lahoud also emphasized the importance of creating a positive legacy that extends beyond the immediate project work, pledging that the project will focus on investing in the local workforce and supply chain. This commitment is especially significant, given the emphasis on local economic development and nationalization in employment within the UAE’s energy sector. The engagement of local contractors and the development of Emirati talent are becoming increasingly prioritized as the UAE strives to diversify its economy and workforce.

ADNOC Gas, which has emerged as a significant contributor to the UAE’s energy economy, has ambitious plans to expand natural gas production capabilities. The Habshan Complex, with its advanced technological infrastructure and strategic location, serves as a critical hub for gas treatment and processing. By increasing output at this facility, ADNOC aims to ensure that it meets domestic energy needs while simultaneously enhancing its export capacity.

This contract with Petrofac very much aligns with the broader objectives of the UAE’s energy strategy, which emphasizes sustainability, innovation, and economic diversification. As global energy markets shift towards cleaner and more sustainable sources, projects like the one at Habshan are key to remaining competitive and meeting both domestic and international energy demands.

Amidst the shifting paradigms in the energy landscape, particularly in the wake of climate change pledges and the transition to renewable energy sources, such investments highlight the continuing relevance of natural gas. Recognized for its lower carbon footprint when compared to oil and coal, natural gas is increasingly seen as a bridge fuel that can facilitate the transition to entirely renewable energy systems.

As international energy markets continue to evolve, this development in Abu Dhabi reaffirms the UAE’s strategic intent and commitment to remain at the forefront of the energy sector while leveraging partnerships with companies like Petrofac. This contract not only strengthens Petrofac’s positioning within the Middle Eastern energy market but also showcases ADNOC’s pursuit of technological advancement and efficiency.

In summary, Petrofac’s new project within the Habshan Complex not only marks an important business milestone for the company but also illustrates the continued growth and development of the UAE’s energy landscape. With the successful implementation of this project, both Petrofac and ADNOC Gas are poised to play significant roles in meeting future energy demands while contributing positively to the local economy.

Tags: #BusinessNews, #EconomyNews, #UAE, #EnergySector, #NaturalGas

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