Saturday 23 February 2019

Abu Dhabi's NPCC wins $327m India energy project deal

ABU DHABI, January 23, 2018

UAE-based National Petroleum Construction Company (NPCC) said it has won an engineering, procurement, construction (EPC) contract from India's ONGC for five well platforms and pipeline in Ratna field off the western coast of Mumbai.

A leading international EPC contractor, NPCC is a part of Senaat Abu Dhabi, which owns 70 per cent stake in the company, while the rest is owned by Consolidated Contractors Company (CCC).

The contract award worth Dh1.2 billion ($327 million) comes as part of the offshore oil and gas infrastructure development on the west coast of India.

The scope of work includes survey, design, engineering, procurement, fabrication, load out, transportation, installation and commissioning of five well platforms (R12B-R10A-R9A-R7A-R13A) and associated pipelines and cables.

On the win, Hussain Al Nowais, the chairman of NPCC, said: "This contract is an endorsement of our international capabilities. I am proud of the NPCC’s relationship with ONGC and is a testament of the good relations and economic cooperation between the UAE and India, under the able guidance of the leadership of two countries."

Aqeel A Madhi, the vice chairman and managing director, said: "We have had a long association with ONGC. We have been working on offshore EPC projects for the Indian oil major for over 35 years and are proud of our association with them."

CEO Ahmed Al Dhaheri said; "We are proud of winning this Ratna contract and my team will work on meeting client’s expectations, and delivering project to high standards of quality and safety."

NPCC has over 1,200 engineers based in its engineering centres in Abu Dhabi, Mumbai and Hyderabad (India) and La Ciotat (France), capable of providing a full range of engineering solutions across all disciplines.

It owns a fleet of 22 offshore vessels equipped with modern facilities to support its offshore operations, which can operate in depths from 10 m to 2,000 m, and has fabrication yard in Abu Dhabi covering an area of 1.3 million sq m.-TradeArabia News Service

Tags: abu dhabi | India | ONGC | NPCC | energy project |

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