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Title: Royal Dutch/Shell Group, CFP (Compagnie Francaise des Petroles) join in Abu Dhabi gas project

Journal Article · · Oil Gas J.; (United States)
OSTI ID:6909933

Royal Dutch/Shell and CFP have formally entered a joint venture with Abu Dhabi National Oil Co. (Adnoc) to gather, process, and market 812 million cu ft/day of associated gas currently flared in Abu Dhabi's onshore oilfields. Abu Dhabi Gas Industries, will be 68% owned by Adnoc, 15% each by Shell and CFP, and the remaining 2% by the Partex group. The $1.6 billion project, due to start up in 1981, will provide the participants with 3 million tons/yr of LPG and 2 million tons of condensate from Bu Hasa, Bab, and Asab associated gas. Extraction facilities will be built in each field and the resulting liquids will be piped to a fractionation plant that is to be built on the coast at Ruwais, near Jebel Dhanna, where storage and tanker loading facilities will be provided. The three main partners will accept the responsibility for design and construction of the project. Saipem has been awarded an $82 million turnkey contract for the terminal work, which is expected to take 23 mo. The firms responsible for other construction work are given.

OSTI ID:
6909933
Journal Information:
Oil Gas J.; (United States), Vol. 76:31
Country of Publication:
United States
Language:
English