Industry | 2009.11.20
Technip Awarded Gas Facilities Contract in Abu Dhabi
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by Abu Dhabi Gas Industries Ltd (GASCO) a lump sum turnkey EPC* contract worth approximately US$415 million for the ASAB 3 Project. This project is a revamp of existing facilities to support an increase in oil production from the new ADCO** facilities and accommodate up to 150 million standard cubic feet per day (MMSCFD) of additional associated gas from the existing Asab, Shah and Sahil oil fields.
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