Petrofac secures SARB project contract, offshore Abu Dhabi
Petrofac has received an engineering, procurement, installation and commissioning (EPIC) contract from the Abu Dhabi Marine Operating Company (ADMA-OPCO) for the Satah Al Razboot (SARB) package 3 project, located offshore of Abu Dhabi.
Under the $500m competitively tendered contract, Petrofac will immediately begin work on the project and will complete it by April 2016.
Drilling will be conducted from two artificial islands, SARB1 and SARB2, with the well fluid delivered by subsea pipeline to a facility on Zirku Island for processing, storage and export.
As part of the project, Petrofac will deliver 200km of subsea pipelines for well fluid, water injection, gas injection, flare and export.
The company will also lay three kilometres of onshore pipelines and 55km of subsea power and communication cables as part of the contract.
In addition, the project involves construction of two riser platforms and four flare platforms with four interconnecting bridges and one single point mooring (SPM) buoy, situated at the north of Zirku Island.
The onshore scope of the contract involves drilling utilities, foundations on SARB1 and SARB2, transport, install, hook up and assistance in the commissioning of accommodation modules.
Petrofac's offshore capital projects (OCP) business managing director Yves Inbona said the company is happy it has been selected to deliver the important project as part of the high priority SARB development.
"This award is further confirmation of the increased demand we see for Petrofac to broaden its market leading EPC capability offshore, and we look forward to cooperating with ADMA-OPCO and meeting its fast track requirements on this highly significant development," Inbona added.
As part of the project, ADMA-OPCO plans to add 300,000 barrels a day (b/d) of additional production from its new offshore fields, while nearly 100,000 b/d from SARB oil field will be developed through seven packages, reported Zawya. The Abu Dhabi Government is planning to invest AED260bn ($70bn) to increase oil production capacity from 2.8 million barrels per day to 3.5 million bpd by 2017.
Image: Petrofac will deliver 200km of subsea pipelines for well fluid as part of the contract. Photo courtesy of Petrofac.