By OGJ editors
HOUSTON, Mar. 29 -- Zakum Development Co. (Zadco) let an engineering services contract to Technip for the UZ 750 project off UAE.
The project's aim is to increase by 2015 Upper Zakum field oil production by nearly 40% to 750,000 bo/d and sustain the target for at least 25 years.
The field is in the Persian Gulf, 84 km off Abu Dhabi and holds an estimated 50 billion bbl of oil (OGJ, Nov. 15, 2010, Newsletter).
The contract includes front-end engineering design for process units on four artificial islands, including gas separation, gas lift compression, booster gas compression, as well as power generation, utilities, interconnecting pipelines, and modification of existing facilities, as well as procurement services for long lead items.
Technip expects to complete the front-end engineering in this year’s second half.
Partners in Zadco include Abu Dhabi National Oil Co. 60%, operator ExxonMobil Corp. 28%, and Japan Oil Development Co. 12%.
159458497 Aleksei Zakirov | Dreamstime.
Photo from Esso SAF.
