Six leading engineering, procurement and construction players are understood to be competing for a key onshore contract involving the second development phase of Abu Dhabi Company for Onshore Petroleum Operations (Adco’s) Qusahwira oilfield, with the project likely to be valued at more than $500 million.
Sources close to the tender process told Upstream that technical bids were recently submitted by at least half-a-dozen EPC players and the contract is likely to be awarded by Adco later this year.