ADNOC awards Baker Hughes two major contracts through its local partners
- First contract will manufacture, supply, store and service surface wellhead and tree systems over 10 years in the UAE
- Second contract will manufacture, supply, store, install and service liner hanger systems
ABU DHABI – Nov. 18, 2021 – Baker Hughes (NYSE: BKR) has been awarded two contracts from Abu Dhabi National Oil Company (ADNOC) this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates (UAE). The contracts were announced at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).
As part of ADNOC’s largest ever wellheads award globally, Baker Hughes’ Surface Pressure Control (SPC) product line in the Oilfield Equipment business has been awarded a major contract for the manufacture, supply, storage, and servicing of surface wellhead and tree systems with local partner Al Ghaith Oilfield Supplies & Services Company. The contract covers ADNOC’s onshore and offshore fields in the UAE for the next 10 years, as well as a long-term service contract to cover the repair, maintenance, and spares for the project’s equipment.
In addition, Baker Hughes’ Oilfield Services (OFS) business has been awarded a contract to manufacture, supply, store, install and service liner hanger systems over five years with local partner Uni-Arab Engineering & Oilfield Service. The contract will leverage Baker Hughes’ in-country workshop and further supports the UAE’s emphasis on local manufacturing through in-country value strategy and localization.
“These are strategic deals for Baker Hughes within the UAE, strengthening our footprint and significantly increasing our presence in the region,” said Ayman Khattab, vice president of Surface Pressure Control for Oilfield Equipment at Baker Hughes. “Our localized presence and strong record of execution in the UAE makes us a partner of choice for ADNOC. We are supporting the UAE and ADNOC’s growing energy needs and committed to transforming the industry by providing reliable technology and delivering operational excellence.”
The first delivery of the surface wellheads and trees contract work will be in early 2022, and the first delivery of the liner hanger systems contract is planned for the second half of 2022.
The awards are an integral part of ADNOC’s 2030 strategy and support its supply chain and ecosystem development, local capabilities, and job creation for local talent. Additionally, the awards will help enable ADNOC’s drilling needs as it expands its production capacity. Baker Hughes’ business model supports ADNOC’s in-country value program and vendor managed inventory (VMI) service, maintaining an agreed inventory of required equipment in Abu Dhabi and allowing Baker Hughes to be more efficient and reduce delivery time.
Home >> Energy and Industry Section
Khalaf Al Habtoor Launches a Charity Campaign for Ramadan
TBHF Calls on Supporting Refugees and Vulnerable People in Ramadan through ‘Enl ...
A Game of Small Acts that Gives Back: McDonald's UAE Announces its Annual Ramada ...
Ableinitiative by Aryaman Arora
FOCP Announces 5-year Roadmap with a Focus on Global Partnerships and Outreach
House of Wisdom's Popular Ramadaniyat Outdoor Bazaar is back for UAE Families to ...
Treat You Skin This Ramadan with My Olivanna
Watches & Wonders 2023: Jaeger-Lecoultre Presents the Golden Ratio
Géant Reiterates Commitment to Being the UAE Community's Choice with Exciting Ne ...
Sheikh Saeed and Moradi Reach Quarter-Finals of Padel Competition at NAS Sports ...
Joyalukkas Anniversary Raffle Draw: Winners Take Home Gold
Don't Miss the Ramadan Specials at Zaatar w Zeit!
Make the most of the Outdoors this Ramadan in Dubai
Dubai Customs Director General Prioritizes Passenger Flow during Visit to Dubai ...
Jaguar TCS Racing Samba to Victory and a Podium Clean Sweep for Jaguar in SÃ ...
Statement by His Excellency Dawoud Al Hajri, Director General of Dubai Municipal ...
Parmigiani Fleurier 2023 Timepieces – Watches & Wonders
Consistency is Key to Restorative Sleep during Ramadan, Advises Cleveland Clinic ...
RADIOMIR - The Making Of A Legend
UAE Food Bank and Dubai Cares to benefit from Choithrams “Double Blessings” Camp ...