Construction

Penspen secures four-year Adnoc PMC framework agreement

Penspen will support Adnoc’s continuing growth plans for Middle East and Africa, with the agreement valid for four years

Penspen has announced that it has secured a project management consultancy (PMC) framework agreement from Adnoc. The agreement is for the provision of PMC services to cover a wide range of requirements on a call-off basis and the supervision of Adnoc’s contractors globally.

A major provider of engineering, project management, asset management and integrity services to the oil & gas industry, Penspen will serve all Adnoc Group companies, catering to the upstream, midstream and downstream segments.

Scope of work will include PMC contracts for all stages of the project lifecycle, including the global supervision of front end engineering and design (FEED) contractors, engineering, procurement and construction (EPC) contractors and licensors.

According to Penspen, the agreement will be valid for four years, with an optional two-year extension, as well as support Adnoc’s continuing growth plans for Middle East and Africa.

Commenting on the agreement, Peter O’Sullivan, CEO of Penspen, said: “We are honoured to have been awarded this significant contract from Adnoc which enables the effective supervision of the company’s contractors globally.”

“It recognises the strengths of our ‘One Penspen’ approach in ensuring the client receives a uniform and consistently high quality service from the chosen contractors – irrespective of their location,” he stated.

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