London's Penspen picked as project management consultant by Adnoc
UK firm to provide supervision and project management consultancy for Adnoc's Feed, and EPC contractors and licensors
London-headquartered engineering, project, and asset management firm, Penspen has been picked by Adnoc to deliver project management consultancy (PMC) services for various requirements and to supervise the Abu Dhabi-based oil giant’s contractors across the globe.
In a statement, Penspen said that it would deliver the services to the upstream, midstream and downstream segments within Adnoc’s group companies.
The contract covers global supervision of font-end engineering and design (Feed) contractors, engineering, procurement, and construction (EPC) contractors, as well as licensors.
According to Penspen the agreement between the companies has been inked for two years, with an option to extend the same for another two.
Speaking at the contract win, chief executive officer of Penspen, Peter O’Sullivan, said: “It recognises the strengths of our ‘One Penspen’ approach in ensuring the client receives a uniform and consistently high quality service from the chosen contractors – irrespective of their location.”