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ADNOC Gas has awarded a contract worth $3.60 billion, equivalent to AED 13.10 billion, to the joint venture (JV) between National Petroleum Construction Company (NPCC) and Tecnicas Reunidas S.A. to increase the listed firm’s gas processing infrastructure nationwide, according to a press release. The contract, which was announced on 9 August 2023, covers the commissioning of additional gas processing facilities to help with enabling utilized supply to the Ruwais Industrial Complex. More than 70% of the award contract value will benefit the UAE’s economy under ADNOC's successful In-Country Value (ICV) program, which backs domestic economic growth and diversification.

ADNOC Gas awards $3.6bln contract to expand certain infrastructure

ADNOC Gas has awarded a contract worth $3.60 billion, equivalent to AED 13.10 billion, to the joint venture (JV) between National Petroleum Construction Company (NPCC) and Tecnicas Reunidas S.A. to increase the listed firm’s gas processing infrastructure nationwide, according to a press release. The contract, which was announced on 9 August 2023, covers the commissioning of additional gas processing facilities to help with enabling utilized supply to the Ruwais Industrial Complex. More than 70% of the award contract value will benefit the UAE’s economy under ADNOC’s successful In-Country Value (ICV) program, which backs domestic economic growth and diversification.

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