(Corrects para 6 to 300,000 bpd from 300 million bpd)
ABU DHABI Aug 27 A consortium of National
Petroleum Construction Company (NPCC) and France's Technip have
won a 6.2 billion dirham ($1.6 billion) contract to develop an
offshore oil field in Abu Dhabi, the CEO of NPCC said on
The engineering procurement and construction (EPC) contract
is for the development of the Umm Lulu field, awarded by
state-owned Abu Dhabi Marine Operating Company (Adma-Opco).
"With this NPCC has also won the second package for the Umm
Lulu development. We won the first package in June valued at
$765 million," Aqeel Madhi, CEO of NPCC told Reuters.
NPCC is an oil and gas services contractor based in Abu
Dhabi, the capital of the United Arab Emirates.
The first contract was exclusive to NPCC, he said, adding
that the project is underway. Work on the second will commence
shortly and is expected to be completed by mid-2018, he said.
The Umm Lulu field development is part of Adma-Opco's plans
to add around 300,000 barrels per day (bpd) of oil from three
fields to lift production to about 1 million bpd of oil by 2020.
Currently, Adma-Opco's production is 600,000 bpd of oil.
(Reporting by Stanley Carvalho; Editing by Louise Heavens and