The Abu Dhabi National Oil Company (ADNOC) announced in a statement that it has awarded contract related to supply and installation of Electric Submersible Pumps (ESPs) in its fields.
The value of the awarded contract is $134.8 million (AED 495 million).
The ADNOC Onshore awards the contract, which consists of two packages, was awarded to following contractors:
- Uni-Arab Engineering & Oil Field Services (Uni-Arab) L.L.C
- International Development Company L.L.C.
The contract will see up to 541 ESP systems installed across our Onshore fields, contributing to ADNOC’s position as a reliable energy supplier to reach a production capacity of 5 million barrels per day by 2030.
ADNOC further stated that, Over 50% of the investment will flow back into the UAE economy under our In-country Value program, supporting local economic growth.
Read Also: UAE’s ADNOC awards $165million onshore drilling contracts
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