Sunday 21 July 2024

NMDC Energy JV lands $5.5bn Adnoc EPC contract

ABU DHABI, June 13, 2024

NMDC Energy (formerly NPCC), in partnership with French group Technip Energies and Japan's JGC Corporation, has secured a $5.5 billion contract from Abu Dhabi National Oil comopany (Adnoc) to provide engineering, procurement and construction (EPC) services for its lower-carbon Ruwais LNG project in Abu Dhabi.
The project, located in Al Ruwais Industrial City, consists of two natural gas liquefaction trains with a total LNG production capacity of 9.6 million tons per annum (Mtpa). The plant will use electric-driven motors instead of conventional gas turbines and will be powered by clean energy.
The Adnoc plant is set to be the first LNG export facility in the Middle East and North Africa (Mena) region to run on clean power, making it one of the lowest-carbon intensity LNG plants in the world.
The project will more than double Adnoc's LNG production capacity aligning with global natural gas demand and the shift towards decarbonization.
NMDC Energy CEO Engineer Ahmed Al Dhaheri said: "We are proud to be entrusted by ADNOC with the Ruwais LNG project, which strengthens our position in the UAE’s energy landscape and underscores our dedication to advancing the country’s sustainable development."
"Utilizing nuclear energy for LNG production not only sets a new international standard for low-emission energy but also aligns with the UAE’s strategy for a sustainable future," he stated.
Technip Energies CEO Arnaud Pieton said: "We are honoured to have been awarded by Adnoc the Ruwais LNG project, a pioneering initiative in the LNG sector. By powering electrified LNG trains with nuclear energy, this project sets a new standard for energy security and sustainability."
"By leveraging our low-carbon and electrified LNG leadership we will support Adnoc’s position as a reliable global natural gas supplier and commitment to decarbonization," he stated.
JGC Representative Director and President Farhan Mujib said: "We are highly honoured to have been awarded in this innovative lower-carbon LNG project, which will be the next generation of energy security and sustainability."
"We commit to leveraging our capabilities and experience for the  lower-carbon Ruwais LNG project, bringing our proven track record in the LNG field. We are convinced this will contribute to the success of the project and enhance economic growth in the UAE," he added.-TradeArabia News Service



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