ADNOC awards contract to NPCC for Belbazem development

ADNOC awards contract to NPCC for Belbazem development

25 May 2021

The Abu Dhabi National Oil Company (ADNOC) has awarded a contract worth AED2.73bn (US$744m) to the National Petroleum Construction Company (NPCC) for the full field development of the Belbazem offshore block in the UAE.

The Belbazem block holds three marginal fields – Belbazem, Umm Al Salsal and Umm Al Dholou. It is being developed by Al Yasat Petroleum Operations, which is a 60:40 joint venture between ADNOC and China National Petroleum Corporation (CNPC). The offshore block is located 120km northwest of Abu Dhabi city.

NPCC, which is based in the UAE, will be responsible for the engineering, procurement and construction (EPC) of the offshore facilities of the project.

The offshore facilities will enable full production capacity of 45,000 barrels per day (bpd) of light crude along with 27m standard cubic feet per day (mmscfd) of associated gas. First oil from the Belbazem offshore block is expected to be drawn in 2023.

The full field development of the offshore block will help the Abu Dhabi emirate to unlock and maximise value from all of its fields towards reaching an oil production capacity of five million barrels per day (mmbpd) by 2030.

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