Feb 10 | 2020
(MENA) ‘Major’ Services Agreement
Industrial contractor KBR has signed a "major" services agreement with Abu Dhabi National Oil Co., or ADNOC, for work on the Ghasha Concession.
The scope of work includes management of successful engineering, procurement and construction contractors for Packages A & B of the Dalma Gas Development Project, Packages 1-5 of the Hail & Ghasha Development Project, Hail & Ghasha Islands Project as well as the Deep Gas Project.
"We deeply appreciate the tremendous amount of trust that ADNOC has placed in KBR to project-manage such a significant share of this strategic Ghasha Concession program. This award highlights ADNOC's confidence in KBR's reputation as the industry leader in the provision of value-added PMC services for similar mega gas-field development projects,” said KBR CEO Stuart Bradie.
Long-term Relationship
The Project Management Consultancy services contract is expected to be performed over four years with option to extend for a further two more years.
"We look forward to continuing our long-term relationship with ADNOC and to demonstrating once again our world class ability to manage large-scale, complex projects such as this on time, within budget, but most of all with a strict safety culture," Bradie added.
As the state-owned oil company of the UAE, ADNOC controls some of the largest oil and gas reserves in the world and is ranked as one of the largest oil companies by production.
Significant Value Boost
The firm has recently outlined ambitious expansion plans and a new sustainability agenda to become “a best-in-class leader in sustainability.”
"We are confident that the Ghasha Concession Project will significantly boost In-country value. As always, KBR remains fully committed to act as one of ADNOC's strategic partners to achieve the targeted In-country value objectives."
Headquartered in Houston, Texas, KBR employs about 34,000 people worldwide, with customers in more than 75 countries, and operations in 40 countries.
The scope of work includes management of successful engineering, procurement and construction contractors for Packages A & B of the Dalma Gas Development Project, Packages 1-5 of the Hail & Ghasha Development Project, Hail & Ghasha Islands Project as well as the Deep Gas Project.
"We deeply appreciate the tremendous amount of trust that ADNOC has placed in KBR to project-manage such a significant share of this strategic Ghasha Concession program. This award highlights ADNOC's confidence in KBR's reputation as the industry leader in the provision of value-added PMC services for similar mega gas-field development projects,” said KBR CEO Stuart Bradie.
Long-term Relationship
The Project Management Consultancy services contract is expected to be performed over four years with option to extend for a further two more years.
"We look forward to continuing our long-term relationship with ADNOC and to demonstrating once again our world class ability to manage large-scale, complex projects such as this on time, within budget, but most of all with a strict safety culture," Bradie added.
As the state-owned oil company of the UAE, ADNOC controls some of the largest oil and gas reserves in the world and is ranked as one of the largest oil companies by production.
Significant Value Boost
The firm has recently outlined ambitious expansion plans and a new sustainability agenda to become “a best-in-class leader in sustainability.”
"We are confident that the Ghasha Concession Project will significantly boost In-country value. As always, KBR remains fully committed to act as one of ADNOC's strategic partners to achieve the targeted In-country value objectives."
Headquartered in Houston, Texas, KBR employs about 34,000 people worldwide, with customers in more than 75 countries, and operations in 40 countries.
