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ABB wins $175 million oil and gas project in the Arabian Gulf


Published Apr 4, 2014
ABB

ABB has been awarded a $175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf. The order, which covers engineering, procurement and construction (EPC), was awarded by Zakum Development Company (ZADCO), and booked by ABB in the fourth quarter of 2013.

The project involves the installation of additional power generation facilities to improve overall energy efficiency and operational flexibility and reliability. ZADCO plans to increase the production rate of the Upper Zakum field from 550,000 to 750,000 barrels of oil per day. The Zakum field is estimated to be the second-largest field in the Gulf and the fourth-largest in the world.

Tags: ABB Group




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