Apicorp says countries in Mena region will spend about $1tn in the energy sector investments over the next five years they continue to boost upstream oil and gas output. Photo courtesy: Adnoc
Apicorp says countries in Mena region will spend about $1tn in the energy sector investments over the next five years they continue to boost upstream oil and gas output. Photo courtesy: Adnoc

Adnoc awards Feed contracts for offshore sour gas recovery projects



State-owned Abu Dhabi National Oil Company (Adnoc) has awarded front-end engineering and design (Feed) contracts for its offshore ulta-sour gas fields, as the emirate looks to ramp-up gas production to meet growing domestic demand.

UK's Bechtel was awarded the Feed contract for Hail and Ghasha, while the contract for the Dalma field was awarded to UAE-based TechnipFMC. The Feed study for the mega-project is set to be completed by the end of 2019, after which engineering, procurement and construction tenders are expected to be awarded, according to an Adnoc spokesman. He declined to comment on the value of the contract, citing confidentiality agreements but said they were in the range of "hundreds of millions of dirhams".

Known collectively as the North-West Area, the the three fields tap into Abu Dhabi’s Arab formation, which is estimated to hold multiple trillions of cubic feet of recoverable gas. The project is expected to produce more than 1 billion cubic feet of gas per day (cfd), about 20 per cent of the UAE’s current demand which is enough to provide electricity to two million homes, Adnoc said in a statement on Tuesday.

"The growth in energy demand in Abu Dhabi, and the wider UAE, has prompted Adnoc to further harness its gas resources, as part of its 2030 smart growth strategy. This Feed award provides Adnoc with the potential to unlock additional undeveloped sour gas reserves and will allow us to deliver against our strategic objective to ensure a sustainable and economic supply of gas,” Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group chief executive said.

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Read more:

Adnoc weighs new US$20bn offshore gas project to meet UAE’s growing demand
Adnoc to invest Dh400bn as it eyes downstream expansion

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Abu Dhabi announced a spending plan of $109 billion in November, mainly to unlock its sour gas reserves to meet growing power needs. Natural gas meets almost 98 per cent of the UAE's power requirement, which is currently met through imports of two billion cubic feet a day of gas through the Dolphin Pipeline. The UAE is also considering importing liquefied natural gas from the US to meet peak summer demand.

Adnoc announced a five-year spending plan of $109 billion in November, mainly to unlock its sour gas reserves to meet growing ­power needs.

Natural gas meets almost 98 per cent of the UAE’s power requirement, which is currently met through imports of two billion cfd of gas through the Dolphin Pipeline.The UAE is also considering importing liquefied natural gas from the US to meet peak summer demand.

Adnoc is evaluating five technology licensor contracts to support the Feed process that will cover treatment, sulphur recovery unit, natural gas liquids, condensates recovery and hydrogen generation, according to its statement.

Adnoc’s upstream business director Abdulmunim Saif Al Kindy said the company was looking to “strictly manage costs” through working with contractors and was looking to deploy experience gained from Abu Dhabi’s ultra-sour Shah gas field development.

US contractor KBR and French design firm Artelia were last year awarded the project management consultancy (PMC) contract to manage Feed on the three gasfields.

Infrastructure requirements for the development include design and construction of eleven offshore artificial islands. KBR is expected to complete the PMC work over 24 months, with an option to extend for another 12 months, according to KBR.

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If symptoms occur, they usually last for two-seven days

Salah in numbers

€39 million: Liverpool agreed a fee, including add-ons, in the region of 39m (nearly Dh176m) to sign Salah from Roma last year. The exchange rate at the time meant that cost the Reds £34.3m - a bargain given his performances since.

13: The 25-year-old player was not a complete stranger to the Premier League when he arrived at Liverpool this summer. However, during his previous stint at Chelsea, he made just 13 Premier League appearances, seven of which were off the bench, and scored only twice.

57: It was in the 57th minute of his Liverpool bow when Salah opened his account for the Reds in the 3-3 draw with Watford back in August. The Egyptian prodded the ball over the line from close range after latching onto Roberto Firmino's attempted lob.

7: Salah's best scoring streak of the season occurred between an FA Cup tie against West Brom on January 27 and a Premier League win over Newcastle on March 3. He scored for seven games running in all competitions and struck twice against Tottenham.

3: This season Salah became the first player in Premier League history to win the player of the month award three times during a term. He was voted as the division's best player in November, February and March.

40: Salah joined Roger Hunt and Ian Rush as the only players in Liverpool's history to have scored 40 times in a single season when he headed home against Bournemouth at Anfield earlier this month.

30: The goal against Bournemouth ensured the Egyptian achieved another milestone in becoming the first African player to score 30 times across one Premier League campaign.

8: As well as his fine form in England, Salah has also scored eight times in the tournament phase of this season's Champions League. Only Real Madrid's Cristiano Ronaldo, with 15 to his credit, has found the net more often in the group stages and knockout rounds of Europe's premier club competition.

UFC FIGHT NIGHT: SAUDI ARABIA RESULTS

Main card
Middleweight:

Robert Whittaker defeated Ikram Aliskerov via knockout (Round 1)
Heavyweight:
Alexander Volkov def Sergei Pavlovich via unanimous decision
Middleweight:
Kelvin Gastelum def Daniel Rodriguez via unanimous decision
Middleweight:
Shara Magomedov def Antonio Trocoli via knockout (Round 3)
Light heavyweight:
Volkan Oezdemir def Johnny Walker via knockout (Round 1)
Preliminary Card
Lightweight:

Nasrat Haqparast def Jared Gordon via split decision
Featherweight:
Felipe Lima def Muhammad Naimov via submission (Round 3)
Welterweight:
Rinat Fakhretdinov defeats Nicolas Dalby via split decision
Bantamweight:
Muin Gafurov def Kang Kyung-ho via unanimous decision
Light heavyweight:
Magomed Gadzhiyasulov def Brendson Ribeiro via majority decision
Bantamweight:
Chang Ho Lee def Xiao Long via split decision

The specs

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Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:

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3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.

MAIN CARD

Bantamweight 56.4kg
Abrorbek Madiminbekov v Mehdi El Jamari

Super heavyweight 94+kg
Adnan Mohammad v Mohammed Ajaraam

Lightweight 60kg
Zakaria Eljamari v Faridoon Alik Zai

Light heavyweight 81.4kg
Mahmood Amin v Taha Marrouni

Light welterweight 64.5kg
Siyovush Gulmamadov v Nouredine Samir

Light heavyweight 81.4kg
Ilyass Habibali v Haroun Baka

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