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GASCO awards $9 billion gas development contracts
By Saudi Gazette Staff
Published in The Saudi Gazette on 19 - 07 - 2009

Abu Dhabi Gas Industries (GASCO) has awarded four engineering, procurement, and construction (EPC) contract packages at its Integrated Gas Development (IGD), also known as Habshan 5. The four contract packages are valued at a total $9 billion, with the largest-the $4.7 billion construction contract for the venture's gas processing plant-being bagged by a consortium of Japan's JGC Corp. and Italy's Maire Tecnimont.
The $2.1 billion contract for the fourth natural gas liquids processing train at the Ruwais plant was won by a consortium of the United Kingdom's Petrofac, to be carried out by Petrofac Emirates-its joint venture with the United Arab Emirates' Mubadala Petroleum Services-and South Korea's GS Construction and Engineering, while a $1.7 billion contract to construct the utilities and offsite facilities at the Habshan 5 complex was secured by South Korea's Hyundai Engineering & Construction. The last contract was awarded to UScompany CB&I for the construction of propane, butane, and pentane storage facilities, and is valued at $533 million.
The lump-sum turnkey contracts are all expected to be completed by the third quarter of 2013, with work expected to start as soon as August this year. GASCO is 68 percent owned by the state-owned Abu Dhabi National Oil Co., with Shell and Total holding a 15 percent share each and Partex holding the remaining 2 percent. The IGD project at Habshan will add a fourth natural gas liquids (NGL) processing train to the Ruwais facility and lift its total processing capacity to 2 bcf/d. The new Habshan 5 complex will itself have an output of 900 mmcf/d of sales gas, 12,000 t/d of NGL, and 5,000 t/d of liquid sulfur. __


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