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FINANCIAL NEWS
Ducab wins $30m order in Abu Dhabi
02 Nov 2010
(MENAFN) Ducab, a leading manufacturer of power and special cables in the region, has won an order worth $29.9 million from China Petroleum Engineering and Construction Corporation (CPECC) for the Abu Dhabi Crude Oil Pipeline (Adcop), according to a press statement.
Ducab is working with CPECC in the delivery of low and medium voltage cables as well as instrumentation and control cables for the entirety of CPECC�s EPC responsibilities.
Laith Madi, manager of Oil, Gas and Petrochemical (OGP) Sector at Ducab, said that the pipeline will include at least six delivery stations spread across the UAE, requiring complex logistical coordination, carrying a load of up to 1.8 million b/d of crude oil once operational.
Other Ducab OGP projects include partnerships with Italy�s Saipem & Korea�s SK for the Adco Bab Gas project and the KOC new booster station BS160, as well as ventures with Spain�s Tecnicas and UK�s Petrofac for the Adco SAS oil field development.-
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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