Maire Tecnimont S.p.A. announces that Tecnimont S.p.A. received a Letter of Award from ADNOC for the early engineering and procurement works (“Pre-Construction Services Agreement-PCSA”) related to the onshore facilities of the Hail & Ghasha Development Project, as member of a Joint Venture composed of Tecnimont, Technip Energies and Samsung Engineering.
The overall contract value to the Joint Venture for the early engineering and procurement works on the onshore facilities is approximately USD 80 million.
The PCSA scope of work also includes the preparation of an Open Book Estimate for the full project delivery scope, which will be considered as part of the Client’s Final Investment Decision.
The awards come as ADNOC accelerates gas expansion, as part of its low carbon growth strategy to continue responsibly meeting global energy needs. ADNOC is committed to unlocking the UAE’s abundant natural gas reserves to enable domestic gas self-sufficiency, industrial growth and diversification, as well as to meet growing global gas demand.
Alessandro Bernini, Maire Tecnimont Group CEO, commented: “We are honoured to keep on supporting ADNOC in accelerating its gas growth plans, where Maire Tecnimont has been involved in its energy transformation industry since the late 90s, with the first polyolefin complex (Borouge 1) completed in 2001. This award confirms Maire Tecnimont’s commitment to creating value in the UAE thanks to its technology-driven unparalleled skills and distinctive competences.”
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In another statement, Samsung Engineering announced that it received a Letter of Award (LoA) from ADNOC for a Pre-Construction Services Agreement (PCSA) for the Hail & Ghasha Gas Development Project, as member of a joint venture. The contract was awarded to Samsung Engineering and their joint venture partners Technip Energies and Tecnimont S.p.A. (TST JV).
The overall contract value to the joint venture for the early engineering and procurement works on the onshore facilities is approximately USD 80 million. The PCSA scope of work also includes the preparation of an Open Book Estimate for the full project delivery scope, which will be considered as part of the Client’s Final Investment Decision making process.
The awards come as ADNOC accelerates gas expansion, as part of its low carbon growth strategy to continue responsibly meeting global energy needs. ADNOC is committed to unlocking the UAE’s abundant natural gas reserves to enable domestic gas self-sufficiency, industrial growth and diversification, as well as to meet growing global gas demand.
Samsung Engineering’s regional presence through its global operations network and successful implementation of innovative solutions in the past with ADNOC projects proved to be key in being entrusted to participate in this mega-project. The company’s proven track record in the UAE includes 10 projects such as the Borouge-3, Fertil-2 Ammonia & Urea Complex and more recently ADNOC Refining Crude Flexibility Project. Most notably, the company has already executed a gas megaproject for ADNOC, the Shah Sour Gas Development, which has similar production capacity as Hail and Ghasha Gas Development Project.
Hong Namkoong, President and CEO of Samsung Engineering said, “We are proud and honored to receive these early awards and be involved in one of ADNOC’s flagship megaprojects. Based on our expertise in the UAE market, extensive know-how in gas development projects, as well as our own unique project delivery solution under the “AHEAD” execution model, we, together with our joint venture partners, are confident in executing the project successfully and meeting the expectations of ADNOC and their international concession partners.”
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Technip Energies as leader of a joint venture composed of Samsung Engineering and Tecnimont S.p.A. (TST JV) announced that it has been awarded a Pre-Construction Services Agreement (PCSA) related to the Onshore facilities for the Hail & Ghasha Gas Development Project in Abu Dhabi, UAE.
The PCSA phase follows the successful completion of an updated Front-End Engineering and Design (FEED) for the entire development, executed by Technip Energies. This next phase covers early Project activities for onshore facilities, such as Initial Detailed Engineering and Procurement services of critical Long Lead items. The PCSA scope of work also includes the preparation of an Open Book Cost Estimate for the project delivery of the onshore scope, which will be considered as part of the Client’s Final Investment Decision making process.
Arnaud Pieton, CEO of Technip Energies, stated: “We are honored to be trusted by ADNOC to continue from the successful FEED execution to the initial activities for the onshore facilities for this important gas growth project, and to prepare an open-book cost estimate for project delivery. This reinforces Technip Energies long-standing relationship and trust developed over the last four decades with ADNOC, supported by our long-term presence in Abu Dhabi. Together with our joint venture partners, Samsung Engineering and Tecnimont, we will utilize our global experience on mega project execution and open book estimate conversions to transparently and diligently work with ADNOC and their international concession partners to continually optimize the project and successfully meet their requirements. Furthermore, Technip Energies ambition to engineer a sustainable future is fully aligned with ADNOC’s strategy of decarbonizing their operations while growing their lower carbon energy portfolio as they continue to help meet the world’s energy needs.”
Information resource from SaudiGulf Projects: