Tenders Update: July 2012
All the latest tenders for the month of July 2012
Project Number: ZPR740-U
Project name: Oil Blocks Development Project
Territory: Abu Dhabi
Client: Abu Dhabi National Oil Company (ADNOC)
Address: Next to Hilton Hotel, End of Corniche Road
City: Abu Dhabi
Postal/ ZIP code: 898
Country: United Arab Emirates
Phone: (+971-2) 602 0000/ 602 3266
Fax: (+971-2) 602 3389
Email: info@adnoc.com
Web: http://www.adnoc.ae
Description: Build-Own-Operate (BOO) contract for the development of one offshore and two onshore blocks with capacity of 43,000 barrels per day (bpd).
Budget: $5,000,000,000
Period: 2014
Status: New Tender
Remarks: This project is in Abu Dhabi. It is being implemented in joint venture with South Korea’s Korea National Oil Corporation (KNOC) and GS Engineering & Construction Company. A memorandum of understanding (MoU) has been signed between the partners in March 2012. US$2 billion will be financed by Korea. Negotiations regarding the implementation of project is in progress. Drilling work is expected to commence in August/September 2012.
Tender categories: Oilfields & Refineries
Tender products: Oilfields Exploration & Development
