ADNOC L&S attributed its strong performance to its expansion of asset and customer base, decarbonisation of operations, and entering new verticals
The contract covers dredging, land reclamation and marine construction of an artificial island for the Lower Zakum offshore field
The contract will enable the efficient delivery of completion services at Upper Zakum field and adds 20 per cent to annual revenue compared with 2022
The contract will increase Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic feet per day
The contract was awarded by ADNOC Offshore to National Petroleum Construction Company following a tender process