12-May-2019, Press Release:
US Firm McDermott International, issued a statement that it has been awarded a contract by United Arab Emirates, Abu Dhabi National Oil Company (ADNOC)
As part of the contract McDermott will provide front end engineering design (FEED) services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project.
The scope of work also includes the preparation and submission of an EPCI proposal reflecting the design of the offshore facilities developed by McDermott through this FEED work.
The FEED project is scheduled to be executed from McDermott’s London office with support from its Dubai and Chennai locations.
Work on the project is due to commence immediately, the contractor said in a statement
The Umm Shaif Gas Cap Condensate Development Project will be conducted on the Umm Shaif and Nasr offshore concession which has a target production of 460,000 barrels of oil per day.
Umm Shaif was Abu Dhabi’s first offshore oil discovery in 1958. It is located 150 kilometers northwest of Abu Dhabi city, in water depths of less than 20 meters.