South Korea-based Hyundai Heavy Industries (HHI) has secured a $1.9bn order from Abu Dhabi Marine Operating Company (Adma-Opco) for the second package of the Nasr full field development project in the UAE.
Under the deal, HHI will build the fixed platforms and lay subsea cables for the project.
HHI will carry out engineering, procurement, construction, installation and commissioning work for the super complex, which will feature a gas treatment platform, a separation platform and an accommodation platform.
HHI will lay 144km subsea power cables and 55km infield cables, as well as modify an existing manifold tower and two wellhead towers in Nasr oil field, 130km north-west of Abu Dhabi.
The facilities, which are expected to be completed by the second half of 2019, will increase the daily oil production capacity of the offshore field from 22,000 barrels to 65,000 barrels.
Adma-Opco is developing the Nasr and Satah Al Razboot (SARB) offshore fields along with Umm Lulu field, which is located in the Arabian Gulf 30km north-west of Abu Dhabi.
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In June 2013, UAE’s National Petroleum Construction Company (NPCC) was awarded the EPC contract for the first phase of the Umm Lulu project.
Adma-Opco intends to add 300,000bpd of crude oil production with the development of the three fields.
The company is planning to increase its daily crude oil production capacity from the current 600,000 barrels to approximately one million barrels by 2020.
Image: Umm Shaif offshore oil production facilities. Photo: courtesy of Hyundai Heavy Industries.