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2 clusters · 4 sources · 7 days · First seen · Last updated

McDermott ADNOC Umm Shaif gas project contract

Overview

McDermott has secured an engineering, procurement, construction, and installation (EPCI) contract valued at over $1 billion from ADNOC for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting (SPB) project. This project is a component of ADNOC’s long-term development plan to increase production and maximize gas recovery in the United Arab Emirates.

Operating through the Qingdao McDermott Wuchuan (QMW) consortium, the company will provide a new surface pressure boosting facility, including the construction and installation of a jacket and topside, alongside brownfield modifications. The topside is expected to be among the heaviest offshore modules ever installed in the Middle East. Engineering and project management will be led from McDermott’s offices in the UAE, while fabrication will occur at the QMW joint venture yard in Qingdao, China.

Entities

Qingdao McDermott Wuchuan · Umm Shaif · McDermott · ADNOC · United Arab Emirates

Timeline

  1. 15 days ago

    [BUSINESS] 2 sources
    McDermott secures Adnoc EPCI contract for Umm Shaif project

    McDermott has won an EPCI contract from Adnoc to develop a surface pressure boosting facility at the Umm Shaif field to increase gas production.

  2. 22 days ago

    [BUSINESS] 2 sources
    McDermott wins $1 billion contract for ADNOC gas project

    McDermott has won a $1 billion+ EPCI contract from ADNOC for the Umm Shaif gas development project in the UAE, involving the installation of one of the Middle East’s heaviest offshore topsides.

Sources

bigprojectme.com · meconstructionnews.com · offshore-energy.biz · petronoticias.com.br