Abu Dhabi Exclusive Business
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Uta Gruda اوتا غرودا Premium Member Group moderatorThe company name is only visible to registered members.03 Jan 2010, 11:34 pm
NPCC owned by the General Holding Corporation, an industrial arm of Government of Abu Dhabi, will develop RS-12 Well Platform Project at offshore Mumbai High Field, contract valuing $162 million. With this, the value of contacts awarded to NPCC by the Indian company reaches Dh1.6 billion, since October 2009. The scope of work under the above project consists of survey, design, detailed engineering, procurement, fabrication, transportation, installation, commissioning. Apart from several segments of subsea pipelines and Composite Subsea Cable. The project completion is scheduled for 30 April 2011.
The contract value is approximately Dh1 billion and the project will also be completed by April 2011.
PCC has successfully executed several mega EPC projects for ONGC in the past; the recent being the 4 Wellhead Platforms Project -2 completed in April 2007 and C-Series Wellhead Platforms Project completed in April 2009.
NPCC Chief Executive Officer, Aqeel A. Madhi, who is also the Chairman of the Board of NEL, said that in less than three years of operation, this new venture has executed several engineering and design projects. “Our objective is to continue to boost NPCC’s Engineering strength, in both Onshore and Offshore developments,” he said.
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