Wood secures significant EPCm contract to expand ADNOC Gas Habshan facility
United Kingdom, June 10 -- John Wood Group PLC (Wood) has been awarded a $2.8 billion contract by ADNOC to deliver an engineering, procurement and construction management (EPCm) package for the long-term gas processing facilities at the UAE's Habshan facility. The contract value includes pass through revenue, with Wood anticipated to recognise c $400 million of revenue through EPCm services.Wood's scope includes the delivery of substantial upgrades and debottlenecking solutions to the existing Habshan and Habshan 5 gas processing mega-complexes and pipelines, including brownfield modifications and the installation of new facilities.The Rich Gas Development (RGD) project will increase efficiency and modernise the facility to support increase...
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