GASCO enters into a LSTK Agreement with Spanish Tecnicas Reunidas valued Dh 2.51 Billion

On behalf of Abu Dhabi National Oil Company, ADNOC, Abu Dhabi Gas Industries, GASCO, have signed a lump sum turnkey, LSTK, agreement for the Engineering, Procurement, Construction and Commissioning of the Integrated Gas Development Expansion Project – Phase One, for the Onshore Pipeline and Habshan Modifications, Package 3. The agreement was signed by GASCO CEO, Abdul Aziz Abdulla Al Ameri, and Arthur Crossley, CEO Upstream of Tecnicas Reunidas, in the presence of Dr. Saif Sultan Al Nasseri, ADNOC Gas Processing Director and a number of senior official from both sides, on Monday April 20th, at the GASCO HQ Offices in the Sheikh Khalifa Energy Complex. The project aims to process additional onshore and offshore gases to produce 650 MMSCFD of natural gas to the existing GASCO Network by the middle of 2018. IGD-E (Package-3) consists of the following new facilities that will be required to handle the additional offshore Gas; New 42" pipeline with a length of 114 km from Ras Al Qila to Habshan 5 Plant, and New Units required at Habshan 5 to receive the Gas from the new 42" IGD-E pipeline. The new Habshan 5 units will also be the destination of additional onshore sour gas from ADCO’s North East Bab Development, NEB-III. The EPC Contract was awarded in February 2015 to Tecnicas Reunidas, Spain with a completion period of 40 months from the date of the award. The initial phase of the project execution, consisting of detailed engineering and procurement, will commence from the contractors home office in Madrid, Spain, and will later on move to the sites of the onshore pipelines and Habshan for construction activities. GASCO will direct its EPC Contractor to maximise the local contents in terms of materials, equipment and services in these projects. During the already completed Front End Engineering Design (FEED), GASCO included the highest quality standards and placed particular emphasis on all aspects of health, safety and environment (HSE) to minimise environmental and community impacts and ensure compliance with ADNOC’s HSE Code of Practices. These projects will also provide excellent opportunities to UAE nationals for training and learning through exposure and interaction with these experienced engineering companies to enable them to manage future projects, and operate and maintain the plants after project completion and handover. GASCO is executing the construction of the Integrated Gas Development Expansion Project – Phase One (Package-3) on behalf of ADNOC. – Emirates News Agency, WAM – http://www.wam.ae/en/news/economics/1395279535789.html