UAE - Mubasher: ADNOC Onshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has announced the winners of two engineering, procurement, and construction (EPC) contracts worth $245 million (AED 899.9 million)
ADNOC Onshore has awarded the contracts to China Petroleum Pipeline Engineering Company Limited – Abu Dhabi and Abu Dhabi-based Target Engineering Construction Co, according to a press release on Wednesday.
Under the contracts, two main oil lines (MOLs) and crude receiving facilities at the Jebel Dhanna Terminal in Abu Dhabi will be upgraded.
China Petroleum Pipeline Engineering Company Limited won the EPC contract worth around $135 million (AED 496.8 million) to raise the capacity of the two MOLs to more than 30%.
The MOLs transfer ADNOC’s premium grade Murban crude oil from its oilfields at Bab (BAB), Bu Hasa (BUH), North East Bab (NEB), and South East (SE) to Jebel Dhanna terminal.
Expected to be completed in 30 months, the contract will flow back over 45% of the award value into the UAE's economy.
Meanwhile, the second contract worth $110 million (AED 403.7 million) was granted to Target Engineering Construction Co to enhance the crude receiving facilities at the Jebel Dhanna Terminal.
The contract is forecast to be completed in 20 months and will see more than 60% of the award value to reflect into the UAE’s economy.
Commenting on the contracts, the executive director of ADNOC’s Upstream Directorate, Yaser Saeed Almazrouei, said: "The EPC contracts awarded by ADNOC Onshore will increase the capacity of the two main oil lines and upgrade the Jebel Dhanna Terminal to enable it to receive Upper Zakum and Non-System crude for delivery to the Ruwais Refinery West project."
