📋 Tender Overview
Scope of Work:
Lower Zakum Offshore Oilfield Expansion.
Description:
Lower Zakum is a producing conventional oil field located in shallow water in the UAE and is operated by Abu Dhabi National Oil. The field is located in block Lower Zakum, with water depth of 79 feet. The field is owned by Abu Dhabi National Oil, Inpex, China National Offshore Oil, Oil and Natural Gas, Eni, Indian Oil, Bharat Petroleum, China National Petroleum and TotalEnergies.
The Lower Zakum conventional oil field recovered 51.57% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 450.03 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 8% of the country’s daily output. The UK’s Wood is said to have carried out front-end engineering and design studies on the Lower Zakum expansion project.
Previous Events:
September 2022- ADNOC has awarded a $548 million engineering, procurement, and construction (EPC) contract to National Petroleum Construction Company (NPCC) to build a gas pipeline at its offshore Lower Zukum field.
February 2022- Adnoc has kicked off a bid process for an engineering, procurement, construction and installation contract for further development at its huge Lower Zakum offshore oilfield. The state-owned company recently floated expressions of interest (EoIs) for the job. The new tender process is aimed at expanding the number of interested bidders in the offshore expansion project.
