Deal valued at US$ 3.54bn
The National Petroleum Construction Company (NPCC), a subsidiary of the National Marine Dredging Group (NMDC Group), in partnership with Técnicas Reunidas (NPCC TR JV), has received an award for the Methane Recovery and Maximization (MERAM) project from ADNOC Gas.
The project is valued at AED 13bn (US$ 3.54bn) to be shared by the two parties, led by NPCC. The scope of the project includes expanding the gas processing infrastructure at ADNOC Gas’s facilities and increasing feedstock recovery to provide feedstock supplies for the Ruwais Industrial Complex.
“This project constitutes a positive addition to maximizing the capabilities and expertise of Emirati cadres in the field of energy and construction,” remarked Eng. Yasser Zaghloul, CEO, NMDC Group.
“The National Petroleum Construction Company’s award of this project is a testament to the company’s solid policies and our adherence to the highest international quality standards, particularly for onshore oil and gas projects. Through this dedication to quality and forward planning, we hope to continue to earn and deserve the trust of our valued clients such as ADNOC Gas,” commented Eng. Ahmed Al Dhaheri, CEO, NPCC
