Abu Dhabi Marine Operating Co said on Tuesday it awarded a $350 million contract to National Petroleum Construction Co (NPCC) for work on an oilfield in the emirate.
The project is part of a plan to boost the output of the Lower Zakum field from 2012, a statement from Abu Dhabi Marine said.
The contract was for the demothballing of the Zakum Central Super Complex which had been shut in the early 1980s, the statement said.
NPCC is a subsidiary of government owned General Holding Corp. (Reuters)For all the latest UAE news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.