Page 9 - MEOG Week 47 2021
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MEOG PROJECTS & COMPANIES MEOG
ADNOC awards EPC
work for Dalma project
UAE ABU Dhabi National Oil Co. (ADNOC) last facilities, with Petrofac winning the onshore EPC
week awarded $1.46bn worth of engineering, work, but both deals were cancelled in the midst
procurement and construction (EPC) deals for of the coronavirus (COVID-19) pandemic.
the development of the offshore Dalma gas field. ADNOC anticipates the work under the con-
The contracts were awarded to the local tracts’ scope being completed in 2025, enabling
National Petroleum Construction Co. (NPCC) production from Dalma to reach 340mn cubic
and a joint venture (JV) between Spain’s Tecnicas feet (9.6mn cubic metres) per day of gas.
Reunidas and local firm Target Engineering and Dalma forms part of the offshore Ghasha
cover two distinct packages. concession, alongside the Ghasha, Hail, Mubar-
Package A, which was awarded to NPCC and raz, Nasr and Satah al-Razboot (SARB) fields.
was valued at $514mn, covers EPC work for four Ghasha is the world’s largest offshore sour gas
offshore wellhead towers, pipelines and umbil- development.
icals at the Hair Dalma, Satah and Bu Haseer The exploitation of Dalma is envisaged gen-
fields. Meanwhile, the $950mn package B covers erating production of 3.1-3.6bn cubic metres
the EPC work for gas conditioning facilities for per year of gas by early this decade, with the joint
gas dehydration, compression and associated development of Ghasha and Hail anticipated to
utilities on Arzanah Island, 80 km north-west of produce 10.3 bcm per year.
Abu Dhabi. ADNOC holds its customary 60% in Dalma,
ADNOC’s executive director of upstream with international partners holding the remain-
Yaser Saeed Almazrouei said: “ADNOC and its der – Italy’s Eni 25%, Germany’s Wintershall
partners remain guided by our strategic produc- 10% and Abu Dhabi government-affiliated and
tion capacity objectives and sustainability ambi- Vienna-based OMV holding 5%.
tions. Together, we are responsibly progressing Meanwhile, ADNOC, Lukoil and the Russian
the Ghasha mega development to maximise Direct Investment Fund (RDIF) signed a frame-
value as well as support the gas self-sufficiency work deal focused on potential future collabora-
goal of the UAE.” tion on the Ghasha concession. Middle East Oil
Bidding for the contracts was delayed early & Gas (MEOG) understands from sources close
this year as ADNOC sought revised prices from to Lukoil that the Russian firm had previously
bidders. An award was made to a consortium anticipated contracting work for Dalma to have
of Petrofac and Sapura Energy for the offshore made progress by the end of last year.
Valeura keen to
resume Thrace drilling
TURKEY CANADA’S Valeura reportedly plans to resume a location that would yield sustainable commer-
drilling for gas in 2022 with a new partner in cial gas flow rates. It was that lack of discovery
Turkey’s Thrace Basin. that prompted partner Equinor to exit the pro-
Sean Guest, CEO of the energy company, ject in early 2020.
announced the intention on November 18, Valeura, having spent well over $100mn
according to Turkey’s state-run Anadolu Agency on further drilling and testing, was reported
news service. by Anadolu as apparently feeling progress was
Guest was quoted as saying that Valeura sold made from the cumulative data to identify new
its conventional gas production in Thrace Basin drilling locations with a likely higher chance of
earlier this year to the UK’s TBNG, which was success.
continuing operations in Tekirdag to supply gas “From experience in North America, this
as Valeura once did. type of new play in a basin can take up to 10
However, Valeura, he added, still holds all wells to fully understand and identify areas of
of the rights to the deep tight gas play, of which the play that can yield commercial gas flow. We
there are significant resources. have mapped up our next drilling locations and
Despite production testing by Valeura, the are currently seeking a new partner to replace
company was reported as having not yet found Equinor,” Guest told the news agency.
Week 47 24•November•2021 www. NEWSBASE .com P9
