Cenate Sotto. September 28th, 2009
OMB received this week the order for the forged steel valves package for the rejuvenationof the Asab field, part of the $ 3.5 bn contract ADCO granted in January to Petrofac and a consortium of Spanish company Tecnicas Reunidas and Greek firm Consolidated Contractors Company (CCC) for the development of the SAS fields.
The Asab Field Development, located in a desert area about 220 km south of Abu Dhabi, is one of the key upstream projects recently awarded in the region. The rejuvenationof the Asab field is central to Adco's overall development plan to increase its production and achieve the committed 1.8 mm bpd contributing towards achieving the country's additional production.In addition to the production capacity upgrade of Asab, Petrofac's scope includes upgrading the facility's capacity to accept increased production from Sahil, Shah and other south east fields and to upgrade the associated utilities and water handling facilities. The SAS project is expected to be completed by 2010.
OMB Valves managing director, Simone Brevi, said: "The Asab development is one of the largest upstream projects recently awarded in the region. We are delighted to have secured this significant project, which clearly demonstrates our commitment and competitive position in the Middle East."