Gulf Oil and Gas accountACCOUNT

Wood Awarded Contract Extension for Upper Zakum Oil Field Project

Source: www.gulfoilandgas.com 11/13/2018, Location: Middle East

Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the UZ750 mega project offshore Abu Dhabi.

The scope of work includes project management consultancy (PMC) services for the development which comprises four new artificial islands and the associated drilling, production, utilities and infield pipeline facilities.

Effective from 1 January 2019, the one-year extension will be delivered by Wood’s team in Abu Dhabi and secures 80 jobs.

Wood has supported the project for a decade, since the initial program management consultancy (PMC) services contract was awarded in 2008.

Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia & Australia, comments:

'This extension continues our commitment to the successful progression of the UZ750 project and reinforces our strong relationship with an important customer in the region.

'Wood has delivered significant projects to ADNOC group companies for more than four decades including PMC, FEED, studies and engineering, procurement & construction services.

'We will leverage our strong footprint in the Middle East, specifically our Abu Dhabi hub, bringing together our in-country support teams and engineering capabilities, to deliver this contract effectively, safely and on-time, supporting ADNOC’s strategic focus on achieving oil production from Upper Zakum of one million barrels of oil per day in 2024.'

Project & Resource Management News in United Arab Emirates >>

Saudi Arabia >>  4/21/2019 - The Saudi Arabian Oil Company (Saudi Aramco) is to acquire Shell Saudi Arabia Refining Limited’s (Shell) 50% share of the SASREF joint venture in Juba...
United Arab Emirates >>  4/18/2019 - Eni has signed an Exploration and Production Sharing Agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agree...

Qatar >>  4/16/2019 - Qatargas Operating Company Limited (Qatargas), acting on behalf of Qatar Petroleum, and BASF SE have signed a technology license agreement for the Nor...
Saudi Arabia >>  4/15/2019 - The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramc...

Qatar >>  4/12/2019 - McDermott International, Inc. (MDR) announced a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI)...
Saudi Arabia >>  4/5/2019 - McDermott International has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market ...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |

Oil & Gas Projects in United Arab Emirates >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.