Abu Dhabi: Abu Dhabi Marine Operating Company, ADMA-OPCO, has signed three major contracts for Nasr Full Field Development Project with National Petroleum Construction Company (NPCC), Hyundai Heavy Industries (HHI) and Technip, at an approximate total value of $3 billion (Dh11.02 billion).
ADMA-OPCO has also awarded a forth contract for EPC Work for Additional Gas Supply to Onshore & Flexibility Assurance at Umm Shaif Super Complex to NPCC at an approximate value of USD 494 million (Dh1.8 billion).
The Nasr development is a strategic initiative of Abu Dhabi National Oil Company (ADNOC) and fits within the context of ADMA-OPCO’s plans to add 270 mbpd of additional production from its new fields Umm Lulu, Nasr and Satah Al Razboot (SARB), as part of its overall scheme to raise oil production.
In addition to Satah Al Razboot and Umm Lulu, Nasr is the third offshore hydrocarbon reservoir being developed by ADMA-OPCO under its strategy to increase its production.
