Technip (Paris:TEC) was awarded an engineering services contract by ZADCO, a joint venture company between ADNOC, ExxonMobil(NYSE:XOM) and JODCO, for the UZ 750 project, one of the major offshore field development projects in the United Arab Emirates.
The project aims at increasing the oil production of the Upper Zakum field to 750,000 barrels of oil per day by 2015 and to sustain this production target for at least 25 years. The Upper Zakum field is located in the Persian Gulf, 84 kilometers offshore Abu Dhabi.
The contract covers the front-end engineering design (FEED) for process units on four artificial islands, including gas separation, gas lift compression, booster gas compression, as well as power generation, utilities, interconnecting pipelines and modification of existing facilities; in addition to procurement services for long lead items.
This contract follows the conceptual engineering, which has been successfully completed by Technip. Front-end engineering design is scheduled to be completed by the second semester of 2011. It will be executed by Technip’s operating center in Abu Dhabi, as a new milestone in its continued support to Middle East clients in the early phases of their developments.