ADMA-OPCO Signs $3.5 Billion Contracts for Nasr Field Development, Additional Gas Production at Umm
Published Date : 11, Nov 2014
Abu Dhabi Marine Operating Company, ADMA-OPCO, has signed three major
contracts for Nasr Full Field Development Project with National
Petroleum Construction Company (NPCC), Hyundai Heavy Industries (HHI)
and Technip, at an approximate total value of USD 3 billion (Dh11.02
billion).
ADMA-OPCO has also awarded a forth contract for EPC Work for
Additional Gas Supply to Onshore & Flexibility Assurance at Umm
Shaif Super Complex to NPCC at an approximate value of USD 494 million
(Dh1.8 billion).
The Nasr development is a strategic initiative of Abu Dhabi
National Oil Company (ADNOC) and fits within the context of ADMA-OPCO's
plans to add 270 mbpd of additional production from its new fields Umm
Lulu, Nasr and Satah Al-Razboot (SARB), as part of its overall scheme to
raise oil production.
The new contracts were signed today in ADNOC Stand at the Abu
Dhabi International Petroleum Exhibition and Conference (AIPDEC 2014) at
the Abu Dhabi National Exhibitions Centre (ADNEC), by Ali Rashid
Al-Jarwan, CEO of ADMA-OPCO; Aqeel A. Madhi – CEO, NPCC; J. D. Kim,
Senior Executive Vice President & COO, HHI, and Vaseem Khan,
Managing Director of Technip France - Abu Dhabi and President of Region
Middle East.
The signing was witnessed by Ali Ghanim Bin Hamoodah SVP (P/E)
ADMA-OPCO; Shaffique Al Dhiyebi – SVP (P), NPCC; S. H. Kim, Executive
Vice President, HHI and Riccardo Moizo, SVP - PMC Business Unit,
Technip.
The contract for the EPC Work of Nasr Package 1 of the Project
was signed with National Petroleum Construction Company (NPCC), with a
value of USD 792 million; while the contract for EPC Work of Package 2
was signed with Hyundai Heavy Industries (HHI) with a value of USD 1,938
million. The third contract with a value of USD 206 million was signed
with Technip for provision of Project Management Consultancy Services to
the project.
The hydrocarbons reservoir known as Nasr Field is located
offshore, 131 km north-west of Abu Dhabi city, and is being developed by
ADMA-OPCO in two phases. The EPC Contract for Phase-I was awarded in
July 2011; two wellhead towers and a manifold tower constructed under
this contract are in the final stages of completion. The contracts
signed today are for Phase II or the "Full Field Development" stage of
the Project. It is anticipated that upon successful completion of Phase
II, Nasr field will yield an annual average production of 65 MSTBOPD of
crude oil.
The Start-Up of the project is scheduled to be achieved by end of 2018 and final commissioning by 2Q 2019.
In addition to Satah Al Razboot and Umm Lulu, Nasr is the third
offshore hydrocarbon reservoir being developed by ADMA-OPCO under its
strategy to increase its production.
This strategy is an integral part of the goals set by Abu Dhabi’s
leadership led by His Highness Sheikh Khalifa bin Zayed Al Nahyan,
President of the UAE and follow up of His Highness General Sheikh
Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme
Commander of UAE Armed Forced, to increase the Emirate’s oil production.
The implementation of these projects is closely monitored and guided by
the Supreme Petroleum Council (SPC).
Through the Project titled "Additional Gas Supply to Onshore
& Flexibility Assurance at USSC", ADNOC intends to transfer
additional gas from Umm Shaif (US) Field to Habshan through Das Island.
This new Project is undertaken on a fast-track basis to fully utilize
the available gas streams in order to increase onshore gas supply. The
Project is executed in two parts i.e. offshore part by Abu Dhabi Marine
Operating Company (ADMA-OPCO) and the remaining part by otherADNOC
Companies.
The additional 200 MMSCFD gas would be in addition to the planned
gas flow of 1,000 MMSCFD realized under the already commissioned IGD
Project. The additional 200 MMSCFD gas at Umm Shaif Super Complex (USSC)
will be made available by increasing the total off-take level of US
Khuff to 1,600 MMSCFD by mid-2016 and up to 2025, which is against
currently planned off take level of 1,400 MMSCFD annual average from
mid-2013 to mid-2028. This will be achieved by the production from two
new Khuff wells and a new Khuff well, which waspart of 1,000 MMSCFD gas
supply to Onshore (IGD Project). In addition facilities such as WHT
US-58, ABK-TIP and GTP require debottlenecking to provide additional
operational flexibility and improve availability and supply of HP gas to
Onshore (CAP Gas).
Following the signing ceremony, ADMA-OPCO CEO commended the wise
vision of the Government of Abu Dhabi and the continued support of the
Emirate's leadership to the oil and gas production enhancement plans.
"These key projects come under the guidance of Abu Dhabi
Government and the support of the SPC and the Shareholders," said
Al-Jarwan, stressing that the entire project is in line with ADNOC’s
plans to ensure sustained oil production, while maintaining highest HSE
standards.
He said this project is one of the biggest projects ever, noting
"We are proud of our strategic and long standing partnership with NPCC,
Hyundai and Technip and hope that the project would be completed as per
the set schedule and quality standards." Al-Jarwan said ADMA-OPCO has
also taken advantage of this major project to develop and train young
UAE nationals in engineering and project Management as part of the EPC
agreement."As part of our commitment to building the future of Abu Dhabi
and UAE nationals we are investing in the advancement of the future oil
and gas leadership by implementing a comprehensive, well-structured
career development programme for young UAE nationals as part of the EPC
contracts for the new oil fields where the selected candidates will be
assigned to the EPC contactors’ premises and participate within the
projects’ task force."
The EPC Work of Nasr Package 1 entails construction of seven
wellhead towers, laying of infield pipelines of a combined length of 110
km, an excess gas pipeline of 32 km and a main (export) oil line of 70
km. The EPC Work of Package 2 includes construction of Nasr Super
Complex comprising an accommodation platform, a gas treatment platform
and a separation platform. Also covered under this package is work
associated with supply of power to Nasr and existing Umm Shaif
Super-Complex through sub-sea cables from power generation facilities at
ADMA-OPCO’s Das Island and the construction of a power distribution
platform at Umm Shaif Super Complex.