UK Oilfield Services Firm Lands Major Deal in Abu Dhabi
British oilfield services company Wood Group has been awarded a $2.8 billion contract by Abu Dhabi National Oil Company (ADNOC) for engineering, procurement, and construction management services at the Habshan facilities in the United Arab Emirates. The company announced this significant commercial agreement on Tuesday, marking a substantial expansion of its operations in the Middle East region.
Comprehensive Service Scope for Strategic Energy Facility
The contract encompasses a wide range of services to be delivered at ADNOC’s Habshan facilities, including:
- Engineering design and planning
- Procurement of materials and equipment
- Construction management and oversight
This comprehensive service package positions Wood Group to play a critical role in the development and maintenance of one of ADNOC’s key operational assets in the UAE.
Strategic Importance for Both Companies
ADNOC, recognized as one of the world’s leading petroleum companies, operates the Habshan facilities as a vital component of its UAE-based operations. The contract award demonstrates ADNOC’s confidence in Wood Group’s technical capabilities and project execution expertise.
For Wood Group, this agreement represents:
- A significant revenue opportunity valued at $2.8 billion
- Strengthened market position in the Middle East energy sector
- Continued expansion of its engineering and construction management services
The Habshan facilities play an essential role in ADNOC’s integrated oil and gas operations, making this contract particularly strategic for both parties involved. The partnership combines ADNOC’s leadership in global energy production with Wood Group’s specialized technical services expertise.
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