Page 41 - Baker Hughes REPORT - OCTOBER 2023

10/11/23, 5:16 PM MEED | Adnoc awards $17bn EPC contracts for Hail and Ghasha
Italy-headquartered Tecnimont has been awarded the onshore EPC

contract. The $8.74bn contract relates to the EPC of onshore

facilities, including carbon dioxide (CO ) and sulphur recovery and
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handling.

Adnoc announced the award of EPC contracts, and reaching the

final investment decision (FID), for the Hail and Ghasha project on

the concluding day of the Abu Dhabi International Petroleum

Exhibition and Conference (Adipec).

About 55 per cent of the investment value will flow back into the

UAE’s economy under Adnoc’s In-Country Value (ICV) programme,
it added.

MEED first reported in August that the consortium of NPCC and

Saipem had emerged as frontrunners for the offshore package and

Tecnimont for the onshore package. It was also recently

reported that Adnoc was set to award EPC contracts and
announce the FID during Adipec.

Net-zero gas production

The Hail and Ghasha fields are part of Abu Dhabi’s Ghasha

concession, which is expected to produce more than 1.5 billion
cubic feet a day (cf/d) of gas before the end of this decade.

Gas from the Ghasha concession is expected to “contribute to UAE

gas self-sufficiency and Adnoc’s gas growth and export expansion

plans,” Adnoc said in its statement on 5 October.

“The Hail and Ghasha megaproject aims to operate with net-zero

carbon CO emissions, reinforcing Adnoc’s legacy of responsible
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energy production and supporting its net zero by 2045
ambition and accelerated decarbonisation plan,” it added.

The Hail and Ghasha development design combines

decarbonisation technologies into one integrated solution. The

project aims to capture 1.5 million tonnes a year (t/y) of CO , in line
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