Published On:February 9 2015
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$700mn contract awarded to Tecnicas Reunidas by GASCO.
Tecnicas Reunidas (TR) has been awarded a contract by Abu Dhabi Gas Industries Ltd. (GASCO), a joint venture of ADNOC, Shell and Total, for the execution of the Integrated Gas Development Expansion Project Package 3 in Abu Dhabi.
This project is part of the ADNOC program to produce 400 MMSCFD (million cubic feet) of additional gas from its offshore fields in order to increase onshore gas sales. The project consists of several gas processing units, gas pipelines, condensate pipelines and all required interconnections.
The contract is valued at USD 700 million and covers engineering, procurement, construction, installation, pre-commissioning, commissioning and test run. The project is planned to be completed in Q1 2018.
This is the fourth large project for TR in Abu Dhabi. In the past, the company has completed a project for the Petrochemical Complex of Borouge, the Sahil and Shah Field Development project and it is just starting up the Shah Gas Gathering Center.