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Adnoc Onshore awards $70m contract to London-based Penspen

The deal will cover various EPC-related activities for 15 projects of the UAE oil firm's delivery arm

Adnoc Onshore has awarded Penspen a $70m contract for 15 of its onshore business's 'major projects' [representational image].
Adnoc Onshore has awarded Penspen a $70m contract for 15 of its onshore business's 'major projects' [representational image].

Abu Dhabi National Oil Company (Adnoc) Onshore has awarded London-based Penspen a $70m (AED257m) project management consultancy contract for 15 of its "major projects".

The project, Penspen said in a statement, will cover different stages of engineering, procurement, and construction (EPC) activities, from EPC tendering to commissioning, and close out.

Speaking on the win, Peter O’Sullivan, chief executive officer at Penspen, said the project will provide the UK engineering and project management services firm the “opportunity to utilise the vast expertise and knowledge it has to ensure that Adnoc Onshore receives excellent project management consultancy services”.

READ: New deal to boost $11bn Adnoc Drilling in oil well construction sector

He added: “To secure such a substantial contract is fantastic and we look forward to continuing our work in the region with Adnoc Onshore to the highest possible standard that has become synonymous with Penspen.”

The firm also said Adnoc Onshore “fits well with the ethos of Penspen for this project”, given operations at the onshore arm of the UAE state energy firm are underpinned by a strict health and safety focus.

Headquartered in London, Penspen will carry out project works from its Abu Dhabi office.

READ: Local contractors to benefit from ADNOC's Ruwais City expansion

The award comes amid a flurry of activity at Adnoc. October 2018 saw Adnoc Offshore, the oil and gas company’s delivery arm, announce the installation all 'supercomplex' facilities at the Nasr oil field off the coast of the UAE capital.

In the same month, Adnoc’s sour gas subsidiary said construction on a planned pipeline to carry molten sulphur from its Shah field is on track.

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Construction Week - Issue 753
Nov 09, 2019