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FINANCIAL NEWS
McDermott wins $350m contract in Abu Dhabi
12 Aug 2010
(MENAFN) US-based McDermott International has won a $350 million contract from Abu Dhabi Marine Operating Company to upgrade and enhance a water injection system in the Zakum field, located north-west of the UAE capital.
McDermott is a leading engineering, procurement, construction and installation company focused on executing complex offshore oil and gas projects worldwide.
The Abu Dhabi field includes five water injection platform modules at Zakum West Super Complex and two modules at Zakum Central Super Complex which are used to maintain pressure in the surrounding wells.
The project falls into two parts: pressure upgrade and capacity upgrade, said a statement from McDermott.
The pressure upgrade involves installation of new pumps, piping and transformers, the modification of existing instrumentation and equipment and structural reinforcement work of the existing water injection modules at both Zakum Central Complex and the Zakum West Super Complex, it said.
The capacity upgrade will take place on Zakum Central Super Complex and involves the engineering, procurement and construction of a new 3,250-tonne deck that will house the new water treatment and injection system, power generation equipment and six-legged jacket, it added.
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