The real estate company seeks to deliver more than 500 residential and commercial units in the first quarter of 2024
The Umm Lulu Field and its development is a strategic initiative of Adnoc and the industrial shareholders of Adma-Opco. NPCC will be the consortium leader and be responsible for the overall delivery of the project.
The contract value is $1.69 billion, which the NPCC won after a competitive bidding process in which many international EPC contractors participated. The contract’s scope of work consists of the detailed engineering, procurement, fabrication, offshore installation, commissioning and start-up of a large offshore super complex located in the Umm Lulu Field. The complex will comprise six bridge linked platforms including gathering, separation, gas treatment and water disposal facilities, utilities and accommodation modules. These platforms totalling over 66,000 metric tonnes will be fabricated at NPCC’s yard in Abu Dhabi.
The platforms will be installed by the float over method, which allows a high proportion of the hook-up and pre-commissioning work to be completed onshore prior to load-out, and thereby significantly reduces both the duration and the cost of the offshore commissioning phase.
NPCC has successfully applied this specialised installation technique on several projects. The project is scheduled to be completed in the first half of 2018. This award, one of the largest in the UAE’s offshore industry, re-inforces NPCC’s leadership in the regional oil and gas EPC sector and is further testimony of its strong and lasting partnership with Adma-Opco.
It supplements the recent award made directly to NPCC valuing $765 million for the EPC Work of Umm Lulu Full Field Development Project – Package 1, for the detailed engineering, procurement, fabrication, installation, commissioning and start-up of six new wellhead towers, 90km of infield pipelines, 125km main oil line, 100km of fiber optic cables and brownfield modifications to two existing wellhead towers in the Umm Lulu Field.
The real estate company seeks to deliver more than 500 residential and commercial units in the first quarter of 2024
Senior analyst says investors will have to look closely into the rates for the next few days to determine the subsequent trend
Forex traders said investors are awaiting cues from the Reserve Bank of India's monetary policy outcome
The yellow metal has seen a steep upward rise, hitting a six-month peak
It will be humid by night and Wednesday morning, with a chance of fog or mist formation over some internal areas
Expo City's 'throne of peace' near the UAE pavilion has become a star attraction for people to pose
Local markets also witness a surge in demand for products printed with the traditional scarf's design
Khaleej Times gives a comprehensive breakdown of all available information regarding the law governing surrogacy