UAE's NPCC awarded AED1.2 billion Aramco contract


(MENAFN- Emirates News Agency (WAM))

ABU DHABI, 11th November 2017 (WAM) - UAE's National Petroleum Constructions Company (NPCC) has been awarded an AED 1.2 billion Engineering, Procurement and Construction (EPC) contract for an offshore platforms and two pipelines for Saudi Aramco's Al Safaniya oilfields.

Hussain Jassem Al Nowais, Board Chairman of the NPCC, said the company was pleased to win the contract from the Saudi oil giant Aramco, adding that the contract reflects the deep-rooted fraternal ties between the UAE and Saudi Arabia, under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.

He added that the recently awarded contract brings to five the total number of contracts NPCC had signed with Aramaco, at a total value of AED 3 billion.

Aqeel Abdullah Madhi, NPCC Managing Director and CEO, said the company was considering expanding its operations in Saudi Arabia by setting up a manufacturing facility, training centre and an offshore support unit to meet the growing demand for its services there.

The contract entails construction of a dual pipeline to carry the produced crude from the platform to the gas separation plant, with a captive 20 kilometers sea cable to provide additional power supply.

WAM/Hassan Bashir

MENAFN1111201700610000ID1096074267


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.