Energy engineering provider Lamprell has won a fabrication contract for an oilfield development offshore Abu Dhabi with Petrofac Emirates.
The company will produce and deliver 29 modules for the Upper Zakum prospect, the UZ750, located at the second largest offshore oilfield in the world, 84 kilometres to the north-west of Abu Dhabi islands.
The field holds an estimated 50billion barrels of oil reserves and is currently producing at the rate of 600,000 barrels of oil a day (bpd).
But the production capacity at the field is set to increase to 750,000 bpd following the completion of the second phase of the $10billion UZ750 Project, due in 2017.
Lamprell is scheduled to deliver the first shipment of modules in the second quarter of next year, with the final pipe-rack expected to be delivered in early 2016.
“We are pleased to announce this new contract from Petrofac, for whom Lamprell completed similar works last year for the Laggan Tormore development in the North Sea,” said James Moffat, Lamprell’s chief executive.
“We have established a strong track record in the offshore and onshore construction sector which is one of Lamprell’s core markets, and we continue to see further growth opportunities.”