Abu Dhabi National Oil Company (Adnoc) is nearing the decision phase for two key contracts involving its $10 billion-plus Hail & Ghasha offshore sour gas development.
Multiple people familiar with the project’s bid process told Upstream that the operator is moving swiftly on the Hail & Ghasha development, after delaying the project for several years.
One person said Adnoc is studying the offers recently submitted by two leading contracting groups, which initially involve the project’s pre-construction services agreement (PCSA).
“We are hoping that the PCSA will be awarded soon, following which the two groups will carry out detailed engineering,” the person noted.
