Canadian firm, SNC-Lavalin announces in a statement that, it has been awarded a general engineering, project management and technical support services contract from Al Yasat Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC) and China National Petroleum Corporation (CNPC).
The estimated value of the project is approximately $52 million CAD (1$=1.325 CAD).
Project Description:
The scope of work includes conceptual studies and design, front end engineering and design (FEED), execution planning, detailed engineering for small works and specialized studies.
SNC-Lavalin will support Al Yasat in managing sub-contracts, procurement services and market surveys. As part of this agreement, SNC-Lavalin will also provide its digital expertise to help Al Yasat in the ambitious digital transformation plan using latest technologies.
Under the three-year agreement, extendable for two years, SNC-Lavalin will partner with Al Yasat Petroleum extending the engineering and project support arm, in line with the Al Yasat Smart Growth Operating Model.
Project support includes project services and securing Al Yasat with manpower to be part of an integrated project management team.
Covering two concession areas in Abu Dhabi, United Arab Emirates, Al Yasat drives effective and efficient exploration and development of new areas, onshore and offshore.
The onshore concession area is located to the Southwest of Abu Dhabi and measures 7800 km², the offshore concession area is located to the Northwest of Abu Dhabi and covers six fields with a total area of 582 km².
The offshore area consists of fields at Bu Haseer, Belbazem, Umm Al Dholou, Umm Al Salsal, and Yaser.
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