Press

Wood Awarded Multimillion Dollar Contract Extension for Upper Zakum Oil Field Project

Posted by OilVoice Press - OilVoice

13-Nov-2018


Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the the UZ750 mega project offshore Abu Dhabi.

The scope of work includes project management consultancy (PMC) services for the development which comprises four new artificial islands and the associated drilling, production, utilities and infield pipeline facilities.

Effective from 1 January 2019, the one-year extension will be delivered by Wood's team in Abu Dhabi and secures 80 jobs.

Wood has supported the project for a decade, since the initial Program Management Consultancy (PMC) services contract was awarded in 2008.

Dave Stewart, CEO of Wood's Asset Solutions business in Europe, Africa, Asia & Australia, comments: "This extension continues our commitment to the successful progression of the UZ750 project and reinforces our strong relationship with an important customer in the region.

"Wood has delivered significant projects to ADNOC group companies for more than four decades including PMC, FEED, studies and engineering, procurement & construction services.

"We will leverage our strong footprint in the Middle East, specifically our Abu Dhabi hub, bringing together our in-country support teams and engineering capabilities, to deliver this contract effectively, safely and on-time, supporting ADNOC's strategic focus on achieving oil production from Upper Zakum of one million barrels of oil per day in 2024."



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WoodContractUpper ZakumOilOil FieldADNOCAbu Dhabi National Oil Company ADNOCMiddle EastOffshoreADNOC Offshore

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