The UK-based Petrofac (LON: PFC) has secured an engineering, procurement and construction (EPC) lump-sum contract with ADNOC in the United Arab Emirates (UAE).
The firm will design and install facilities to optimise operations and reduce methane and greenhouse gas emissions at the huge Habshan production complex, around 93 miles south-west of Abu Dhabi.
This work will be carried out by Petrofac’s Asset Solutions business.
Habshan is to have a pipeline constructed from the gas production facility to the Fujairah liquefaction plant said to produce as much as 9.6 million tonnes a year by 2027.
News of the contract comes soon after the announcement that Petrofac will continue to support ADNOC’s operations at the Haliba oil field, with a two-year Field Maintenance Services contract extension signed in September.
The deal with ADNOC was initially signed in 2019 when the Haliba oil field began production.
Initially, the field was estimated to produce 180 million barrels annually, however, soon after opening that forecast jumped to 1.1 billion.
The award comes after Petrofac earlier this year made it’s way back into tenders for ADNOC following an imposed suspension in 2021 amid a Serious Fraud Office (SFO) investigation.
The UK agency found Petrofac executives had paid bribes between 2011 and 2017 to secure contracts in the Middle East. It named wins in Iraq, Saudi Arabia and the United Arab Emirates as linked to these corrupt payments.
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