ADNOC extends Wood’s Upper Zakum service contract
- Business & Finance
UAE’s ADNOC Offshore has extended oilfield services company Wood’s contract for services to the Upper Zakum 750 megaproject offshore Abu Dhabi.
Wood said on Tuesday the scope of work included project management consultancy (PMC) services for the development which comprises four new artificial islands and the associated drilling, production, utilities, and infield pipeline facilities.
Effective from 1 January 2019, the one-year extension will be delivered by Wood’s team in Abu Dhabi and secures 80 jobs. Wood described the deal as a “multi-million dollar contract” without providing specific details on the value.
Wood has supported the project – one of the world’s offshore oil fields – for a decade, since the initial Program Management Consultancy (PMC) services contract was awarded in 2008.
Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia & Australia, said: “We will leverage our strong footprint in the Middle East, specifically our Abu Dhabi hub, bringing together our in-country support teams and engineering capabilities, to deliver this contract effectively, safely and on-time, supporting ADNOC’s strategic focus on achieving oil production from Upper Zakum of one million barrels of oil per day in 2024.”