Stevin Rock to supply material for ADNOC’s Ghasha artificial islands

Contract signing between NMDC and Stevin Rock; Source: NMDC (Facebook)

UAE’s National Marine Dredging Company (NMDC) has awarded a contract to Stevin Rock for the supply of rock to ADNOC’s Ghasha artificial island construction project.

NMDC said via its social media channels on Wednesday that the contract awarded to Stevin Rock was worth AED 415 million ($113 million). The contract was signed by Yasser Zaghloul, NMDC CEO, and Naser Bustami, Stevin Rock Director.

To remind, the Abu Dhabi National Oil Company (ADNOC) awarded a $1.4 billion deal to NMDC in early February for the construction of artificial islands to develop, drill, and produce gas from the Ghasha offshore concession.

The project entails building ten new islands, two new causeways, and expanding an existing island.

NMDC added in Wednesday’s statement that the Stevin Rock deal would serve almost eight percent of the in-country value of the total contract awarded by ADNOC.

The Ghasha Concession consists of the Hail, Ghasha, Dalma and other offshore sour gas fields including Nasr, SARB, and Mubarraz.

The Hail, Ghasha, and Dalma ultra-sour gas project will tap into the Arab basin, which is estimated to hold multiple trillions of standard cubic feet of recoverable gas.

The project is expected to produce more than 1.5 billion cubic feet of gas per day when it comes on stream around the middle of the next decade.

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply