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May 11, 2020

Adnoc gives Umm Shaif bidders more time

By MEED   

Abu Dhabi National Oil Company (Adnoc) has extended the commercial bid submission deadline for the front-end engineering and design (feed) works on the Umm Shaif gas cap condensate development phase 1 project to 15 June.

Adnoc has adopted the ‘feed-to-EPCI’ competition for the estimated $1.5bn Umm Shaif gas development project.

This contracting model involves shortlisting contractors to enter a contest for the feed work. The entity that submits the best feed proposal is then awarded the contract to execute the engineering, procurement and construction (EPC) works.

In May last year, the Abu Dhabi energy major announced it had selected the following three entities for the ‘feed-to-EPCI’ competition:

  • McDermott (US)
  • National Petroleum Construction Company (UAE)/TechnipFMC (France)
  • Petrofac (UK)/Saipem (Italy)

Technical bids for the feed contest were submitted in January this year, while the latest commercial bid date was 3 May.

The Umm Shaif oil and gas field is located in the Umm Shaif and Nasr hydrocarbons block of Abu Dhabi’s premium offshore concession.

Adnoc holds the majority 60% stake in the concession. Its other partners in the asset are France’s Total (20%), Italy’s Eni (10%) and state-owned China National Petroleum Corporation (10%).

Adnoc has undertaken the project to tap into the Umm Shaif offshore hydrocarbons field, as part of its 2030 gas strategy to develop Abu Dhabi’s strategic gas cap resources.

The project is likely to be commissioned in 2023 and will add 500 million cubic feet of gas a day to Abu Dhabi’s gas grid.

This article is published by MEED, the world’s leading source of business intelligence about the Middle East. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s Middle East business intelligence, subscribe here.

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