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Tue 23 Jan 2018 07:42 PM

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UAE firm wins $327m offshore contract in India

National Petroleum Construction Company will build offshore infrastructure on west coast of India

UAE firm wins $327m offshore contract in India
(Photo for illustrative purposes only)

Abu Dhabi-based National Petroleum Construction Company (NPCC) on Tuesday said it had won a $327 million contract from India's Oil & Natural Gas Corp to build offshore infrastructure on the west coast of the Asian country.

NPCC, majority owned by Abu Dhabi's General Holding Corp (Senaat), is an engineering, procurement and construction (EPC) contractor, having won several contracts from ONGC in the past.

The contract includes survey, design and installation of five oil well platforms, pipelines and cables, as well as commissioning services at the ONGC's Ratna field on the west coast of India, a statement from NPCC said.

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