Page 13 - MEOG Week 21 2021

MEOG TENDERS MEOG

NPCC wins Belbazem full-

field development work

UAE THE UAE’s National Petroleum Construction ADNOC tenders in March because of bribery
Co. (NPCC) was awarded a major engineering allegations against a former Petrofac employee
contract this week for the development of the relating to historic contract awards.
country’s offshore Belbazem block by the Al NPCC’s contract winn covers EPC and com-
Yasat Petroleum Operations joint venture (JV). missioning activities for the offshore facilities
Al Yasat, which is comprised of Abu Dhabi required to enable full production capacity of
National Oil Co. (ADNOC) and China National 45,000 barrels per day (bpd) of 35 degree API oil
Petroleum Corp. (CNPC), selected NPCC for and 0.31bn cubic metres per year of gas at a cost
the $744mn engineering, procurement and of $1bn. The field is located around 30 km from
construction (EPC) contract following a com- the Zirku Island oil-processing hub.
petitive tender process, with the deal ensuring Announcing the deal, ADNOC’s upstream
that 65% of the value flows back into the UAE executive director, Yaser Saeed Almazrouei,
economy under ADNOC’s in-country value said: “NPCC was selected after a rigorous tender
(ICV) programme. process that ensures it will deploy best-in-class
The Belbazem block, which is located 120 km technology and expertise to execute this strategic
north-west of Abu Dhabi City, consists of three project, with a substantial part of the award value
marginal offshore fields: Belbazem, Umm Al Sal- flowing back into the UAE’s economy to stimu-
sal and Umm Al Dholou. late local economic growth.”
The award follows the completion of front- The development of Belbazem is part of
end engineering design (FEED) work on the ADNOC’s long-term effort to increase Abu
Belbazem field by NPCC in collaboration with Dhabi’s crude output from 4mn bpd to 5mn bpd
the UK’s Petrofac, which was excluded from by 2030.™

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