📋 Tender Overview
Scope of Work:
Charter of 13 self-propelled jack-up barges, to support the expansion of crude oil production capacity.
Description:
The state-controlled giant confirmed the deal, saying it is for five years, with more than 80% of the award value set to flow back into the United Arab Emirate’s economy under its in-country value (ICV) localisation programme. The 13 self-propelled jack-up barges are multipurpose assets that enable rigless operations and maintenance with single point responsibility provided by Adnoc L&S, enabling enhanced efficiencies. The barges that will be deployed across Adnoc’s offshore fields, are equipped to support a wide scope of operations, including project work, maintenance and accommodation.
The award will help deliver the company’s production capacity expansion in the offshore and directly support Adnoc’s strategic growth objective of 5 million bpd of oil production capacity by 2030. The award enables very high ICV, which can stimulate new business opportunities to support the growth and diversification of the UAE’s economy.