Petrofac Gets Contract Worth More Than $600 Million From Adnoc
03 10월 2023 - 4:49PM
Dow Jones News
By Elena Vardon
Petrofac said it won a contract valued at more than $600 million
from a subsidiary of Abu Dhabi National Oil Co., or Adnoc, for the
oil giant's carbon-capture project at its gas processing plant in
the United Arab Emirates.
The London-listed provider of services to the energy industry on
Tuesday said the engineering, procurement and construction contract
is for Adnoc's Habshan Carbon Capture, Utilisation and Storage
project. It involves the delivery of carbon-capture units, pipeline
infrastructure and a network of wells for carbon dioxide recovery
and injection, it added.
"We look forward to combining our CCUS expertise and UAE project
delivery experience to support Adnoc Gas in delivering on their
decarbonization plans, maximizing energy output while minimizing
emissions, and helping to support the UAE's energy transition,"
Chief Executive Tareq Kawash said.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
October 03, 2023 03:34 ET (07:34 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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