Page 15 - MEOG Week 34 2021

MEOG NEWS IN BRIEF MEOG

review process that provides high visibility of to the demands of the fast-evolving energy Reunidas and NPCC. The agreements
contractor performance. landscape. In addition, the agreements offer will run for five years, with an option for a
Abdulmunim Saif Al Kindy, ADNOC the potential to create additional skilled two-year extension. The eight contractors
People, Technology & Corporate Support employment opportunities for Emiratis and have committed to set up and run enhanced
Executive Director, said: “We are very pleased include commitments that contracted services training programs to further develop local
to engage with the eight top-tier engineering will primarily be carried out in the UAE, expertise and enable knowledge transfer.
contractors awarded to provide best-in-class ensuring more economic value remains in the As an integral part of its 2030 strategy,
engineering expertise on our strategic projects country from our contract awards.” ADNOC is optimizing its procurement
across our full value chain. These framework ADNOC signed the framework strategy to reflect market dynamics, focusing
agreements follow a very competitive tender agreements with AMEC International Ltd on long-term contracts with a reduced
process and the smart nature of the deals (part of the Wood Group), Fluor, McDermott, number of suppliers that provide stable and
will deliver substantial cost savings, optimize Mott MacDonald, SNC-Lavalin International reliable delivery at highly competitive rates.
project delivery schedules and provide Arabia Limited – Abu Dhabi (part of the ADNOC
ADNOC with increased flexibility to drive Kentech Group), Technip Energies, Worley,
its growth targets and proactively respond and a joint venture between Tecnicas

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