Abu Dhabi to Launch Offshore Oil Field Development Tender in April

MEED reported that state run Abu Dhabi Marine Operating Company has invited international engineering & construction firms to express interest in the development of the offshore Satah al-Razboot field.

Contractors were sent letters by Adma-Opco on 12 December, according to a source close to the project.

The US’ Fluor is currently designing Sarb’s offshore facilities, which can pump 100,000 barrels a day of oil from the previously untapped field. The front end engineering and design feed is expected to be completed in January. The tender will then be finalized before being released to potential contractors in April.

Sources close to the scheme say the deal, estimated at more than USD 1.5 billion, will be broken down into four packages, covering site preparation and construction of a jetty and seawater lift pumps; accommodation and administration buildings on the nearby Zirku Island; offshore pipelines and structures, including early work on the artificial islands; and the main plant on Zirku Island. Adma is currently soliciting interest from engineering firms for the third and fourth packages. Firms can express interest in one or both.

Bids are expected to be submitted in October 2011.

Adma-opco’s sister company, Zakum Development Company (Zadco), is using a similar scheme, with four artificial islands, to boost production at the offshore Upper Zakum field by 250,000 barrels a day to 750,000 barrels a day.

The project is part of a programme being led by the two offshore operators in the emirate, Adma-Opco and Zadco, to boost Abu Dhabi’s offshore production capacity from 1.1 million barrels a day currently to 1.75 million barrels a day by 2020. The two companies are expected to award deals worth up to USD 25 billion by 2014 to meet their targets.

Adma-Opco is targeting 300,000 barrels a day of additional production from four new offshore fields; Ghasha-Butini-West Mubarraz, Umm Lulu, Nasr and Satah al-Razboot, by 2014 as part of Abu Dhabi’s plan to increase production to 1.75 million barrels a day by 2020.

Source:  Steel guru,  December 26, 2010;Image: Fluor

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