The Abu Dhabi National Oil Company (ADNOC) has awarded its largest-ever surface technologies contract worth more than $1 billion to a French-American, UK-based global oil and gas company, TechnipFMC.
The framework agreement for wellheads, trees, and associated services will be executed over a ten-year period by TechnipFMC through its UAE agent, Gulf Automation Services and Oilfield Supplies.
Under the agreement, TechnipFMC will further grow in-country talent and expand existing manufacturing, assembly and test capabilities in Abu Dhabi in order to deliver the company’s complete portfolio of surface wellheads and trees locally.
The award is an integral part of ADNOC’s 2030 strategy and supports its supply chain and ecosystem development, local capabilities, and job creation for local talent. Additionally, the award will enable ADNOC’s drilling needs as it expands its production capacity.
“This is our largest-ever surface technologies contract. It’s founded on the trust built over our multi-decade partnership with ADNOC and our track record of product and digital innovation, execution and continuous improvement. The longevity of the agreement demonstrates ADNOC’s confidence in our ability to comprehensively broaden our capabilities in-country, positioning us to meet ADNOC’s needs now and in the future.”
Recently, as part of ADNOC’s largest-ever wellheads award globally, Baker Hughes’ Surface Pressure Control (SPC) product line in the Oilfield Equipment business was awarded a major contract for the manufacture, supply, storage, and servicing of surface wellhead and tree systems with local partner Al Ghaith Oilfield Supplies & Services Company.
The first delivery of the surface wellheads and trees contract work will be in early 2022, and the first delivery of the liner hanger systems contract is planned for the second half of 2022.
TechnipFMC is growing its contribution to Net Zero as a key architect and integrator for the offshore renewables industry through the establishment of New Energy Ventures which will primarily focus on three main pillars including greenhouse gas removal, offshore floating renewables, hydrogen.