ADNOC Drilling wins $2 billion worth of contracts for Ghasha mega-project

The Ghasha gas project is located on the north-western shore of Abu Dhabi, United Arab Emirates (UAE). Abu Dhabi National Oil Company (ADNOC) is developing the project.

ADNOC expects to begin production around 2025 and will produce over 1.5 billion cubic feet per day (bcf/day) of natural gas by the end of 2030. The global production of natural gas in 2021 was 390 bcf/day, and production in the UAE was 5.5 bcf/day.

Ten artificial islands will be developed along with two causeways to produce gas from the concession. The existing Al Ghaf Island will also be expanded.

The UAE state-owned energy company said that four artificial islands have already been built and development drilling is going on at the concession. In 2019, ADNOC awarded a $1.42bn contract to National Marine Dredging Company (NMDC) for constructing the Ghasha Concession artificial islands.

UAE Minister of Industry and Advanced Technology and ADNOC managing director and group CEO Sultan Ahmed Al Jaber said: “These substantial awards mark another important milestone in the delivery of the Ghasha mega-project.

“ADNOC is committed to unlocking the UAE’s abundant natural gas reserves to enable domestic gas self-sufficiency, industrial growth and diversification, as well as to meet growing global gas demand, in line with the UAE Leadership’s wise directives.”

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