Arab Today, arab today adco signs contract worth 334m for mender field development
Last Updated : GMT 06:27:20
Arab Today, arab today
Arab Today, arab today

ADCO signs contract worth $334m for Mender field development

Arab Today, arab today

Arab Today, arab today ADCO signs contract worth $334m for Mender field development

Abu Dhabi Company for Onshore Petroleum Operations
Abu Dhabi - WAM

The Abu Dhabi Company for Onshore Petroleum Operations Ltd. ADCO, has awarded the Engineering, Procurement and Construction (EPC) contract valued US$ 334 million for the development of the Mender field to China Petroleum Engineering and Construction Corporation, CPECC.

The contract was signed at ADCO's headquarters on 17th May by Abdul Munim Saif Al Kindy, Chief Executive Officer, and Ahmed Al Hammadi, Senior Vice President (South East), for ADCO and by Hou Haojie, the president of CPECC, and Ji Chenglin, General Manager of CPECC Abu Dhabi.

The contract covers the construction of gathering stations, pipelines and power transmission lines, as well as sewage systems.

The event was also attended by ADCO Executive Management, ADCO Engineering and Major Projects Management, members of the Executive Management of CPECC and He Song, Economic and Commercial Counsellor of the Chinese Embassy in the UAE.

With a production capacity of about 20,000 barrels per day, the Mender field project is of strategic importance since it will help boost ADCO's daily crude production from 1.6 mbpd barrels to 1.8 mbpd by 2017.

The Mender field is part of ADCO's South-East Abu Dhabi Asset, which also includes the Asab, Sahil, Shah and Qusahwira fields.

 

 

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Arab Today, arab today adco signs contract worth 334m for mender field development Arab Today, arab today adco signs contract worth 334m for mender field development

 



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