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Saturday, 21 November 2009 15:45 UAE time

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Technip wins Abu Dhabi oil field contract - report

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 09 August 2009
SEALED DEAL: France's Technip said to have sealed deal to help develop Abu Dhabi's Nasr offshore oil field. (Getty Images)

Paris-based Technip SA has won a contract to design production facilities for an undeveloped oil field offshore Abu Dhabi, Bloomberg said Saturday, quoting a report from MEED (Middle East Economic Digest).

Technip will provide front-end engineering and design work for the first phase of the Nasr field, part of Abu Dhabi Marine Operating Co.’s plan to increase offshore oil production capacity to 1.75 million barrels a day by 2019 from 1.1 million barrels a day, MEED said.

This is the first time Abu Dhabi Marine, also known as Adma-Opco, has developed a new field for commercial use in more than four decades, MEED added.

Abu Dhabi National Oil Co., BP, Total SA and Japan Oil Development Co. are shareholders of the UAE company.

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