Arabtec sub­sidiary wins $142m Adnoc con­tract

Construction Week - - INTELLIGENCE -

Span­ish firm Tec­ni­cas Re­u­nidas has ap­pointed Tar­get En­gi­neer­ing to carry out a $141.8m (AED521m) me­chan­i­cal and elec­tri­cal works con­tract at Abu Dhabi Na­tional Oil Com­pany’s (Adnoc) On­shore’s Bu Hasa In­te­grated Field Devel­op­ment project.

The scope of work for Tar­get – a wholly owned sub­sidiary of UAE con­tract­ing gi­ant Arabtec Hold­ing – in­cludes the con­struc­tion and ex­pan­sion of the ex­ist­ing Bu Hasa oil pad hubs, the gas lift’s Phase II, and both phases of pro­duced wa­ter re-in­jec­tion. Work will com­mence in May 2019 for a du­ra­tion of 30 months, said Arabtec.

The pur­pose of the project is to in­crease and sus­tain the Bu Hasa pro­duc­tion plateau out­put to 650,000 bar­rels per day by 2020.

Hamish Tyr­whitt, group chief ex­ec­u­tive of­fi­cer of Arabtec Hold­ing, said the win demon­strated Tar­get’s “strength” in the in­dus­trial con­struc­tion sec­tor.

Adnoc awarded the $142m con­tract to Tar­get.

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