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Abu Dhabi awards $9 billion in gas project contracts

07/27/2009
Abu Dhabi Gas Industries Ltd. (Gasco) has awarded more than $9 billion in lump-sum turnkey contracts for engineering, procurement, construction, and commissioning of its integrated gas development project at Ruwais and Habshan.Recipients of the contracts include a joint venture of JGC of Japan and Tecnimont of Italy (for $4.7 billion), Hyundai Engineering & Construction of South Korea ($1.7 billion), a joint venture of Petrofac of UAE and GS Engineering of South Korea ($2.1 billion), and CB&I of the US ($533 million).Elements of the contract are:Habshan 5 process plant: JGC and Tecnimont.Habshan 5 utilities and off sites: Hyundai.Ruwais fourth NGL train: Petrofac of UAE and GS Eng...
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