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EUROPEAN PLAYER LANDS PRIZED ENGINEERING CONTRACT FOR ADNOC GAS CAP DEVELOPMENT

FEED contract aims to further optimisation work on much-delayed offshore project

Italy’s Saipem has won an optimisation front-end engineering and design contract from Abu Dhabi National Oil Company (Adnoc) targeting incremental development of the Umm Shaif gas cap project.

Multiple people with direct knowledge of the development told Upstream the Italian contractor was recently awarded the prized engineering contract, described internally as a "FEED update for design optimisation".

The workscope is likely to be carried out over the next six to eight months, one person said.

Saipem was one of the key bidders involved in a previous FEED contest launched in 2019, combining the project's separate engineering stage with the engineering, procurement and construction package in an innovative tender format.

However, the the coronavirus outbreak and low commodity prices have since led to the Umm Shaif gas cap development being delayed.

© Sour Oil and Gas Advanced Technology 2021