Adnoc JV awards $2bn EPC deals for petchem project
01 December 2024
Ta’ziz, a joint venture between key Emirati entities Abu Dhabi National Oil Company (Adnoc) and ADQ, has awarded engineering, procurement and construction (EPC) contracts worth over $2 billion for the development of essential site infrastructure to advance the Ta’ziz chemicals and transition fuels ecosystem under development in Al Ruwais Industrial City, Al Dhafra Region of Abu Dhabi.
A significant portion of the value of the contracts is expected to flow back into the UAE’s economy under Adnoc’s In-Country Value (ICV) programme, boosting economic growth and diversification in Al Dhafra region.
The awards will also accelerate Ta’ziz’s efforts to establish a domestic low-carbon chemicals supply chain, while supporting Adnoc’s chemicals growth strategy and ambitions to become a top five global chemicals player.
Ta’ziz is scheduled to commence production in 2027, targeting an output of 4.7 million tons per annum (mtpa) of chemicals by 2028. It will produce a range of chemicals, many of which have not previously been manufactured in the UAE, enabling the local manufacture of many new construction, agriculture and healthcare products.
The EPC contract for the chemicals port was awarded to NMDC Group (formerly National Marine Dredging Company), said Adnoc. When the port is complete, it will facilitate the export of chemicals and transition fuels.
The EPC contract for the chemicals terminal, including the development of storage facilities, tank-to-jetty pipelines, jetty-to-tank pipelines, inter-site pipelines and liquid product storage, was awarded to Rotary Engineering–Abu Dhabi in partnership with Advario, a global leader in energy and chemicals storage and logistics, it added.
Adnoc said the contract to develop essential infrastructure for the 17-sq-km Ta’ziz site, including internal roads, security fencing and buildings, was awarded to Al Geemi Contracting. A further EPC contract will include the development of centralised utilities, including power transmission, steam, cooling water and water, it stated.
The dedicated chemicals port and terminal will enable exports from the 1 mtpa low-carbon ammonia production facility and world-scale methanol plant Ta’ziz is building in Ruwais, as well as imports of key materials.
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