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FINANCIAL NEWS
UAE’s Adma-Opco signs USD886 m contract
22 Jan 2014
(MENAFN) Adma-Opco has signed a contract with the National Petroleum Construction Company (NPCC) for the First Phase of Lower Zakum Oil Lines Replacement Project at USD886 million, according to the Emirates 24/7.
Adma-Opco aims to boost the oil production capacity from Lower Zakum Field to reach one million barrel per day compared to the current 600,000 barrel per day.
Ali Al-Jarwan, Adma-Opco CEO, said: “It”s our pleasure to have NPCC with us in this highly significant project which requires maximum attention in terms of quality and HSE.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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