Competition heats up for $6B landmark Adnoc expansion scheme

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Click on the top to follow us Technical bids were recently submitted by multiple contracting players for at least three EPCI packages meant for the first phase of the Lower Zakum LTDP-1 project. Competition is heating up for multiple engineering, procurement, construction and installation packages from Abu Dhabi National Oil Company (Adnoc) for the further expansion of its Lower Zakum offshore oilfield. Adnoc is expanding the capacity of some of its largest offshore oilfields as a part of its P5 programme, which is aimed at ramping up its oil production capacity to 5 million barrels per day by 2027, from the existing 4.85 million bpd. However, going by the pace of Adnoc’s multiple expansion projects, industry experts believe that the state giant could achieve its 5 million bpd target, much earlier than anticipated. For more information, please scan the QR code！ ………………………………