UAE’s NPCC wins $326m Saudi Aramco contract
Deal involves EPC contract for offshore platforms and two pipelines for Al Safaniya oilfields
The UAE’s National Petroleum Constructions Company (NPCC) has been awarded an AED 1.2 billion engineering, procurement and construction (EPC) contract for offshore platforms and two pipelines for Saudi Aramco’s Al Safaniya oilfields.
Hussain Jassem Al Nowais, Board Chairman of the NPCC, said the recently awarded contract brings to five the total number of contracts NPCC had signed with Aramco, at a total value of AED 3 billion.
The news was reported by the UAE state news agency WAM.
Aqeel Abdullah Madhi, NPCC Managing Director and CEO, said the company was considering expanding its operations in Saudi Arabia by setting up a manufacturing facility, training centre and an offshore support unit to meet the growing demand for its services there.
The contract entails construction of a dual pipeline to carry the produced crude from the platform to the gas separation plant, with a captive 20 kilometers sea cable to provide additional power supply.
