A joint venture between Spain’s Técnicas Reunidas and UAE-based Target Engineering Construction has been awarded a contract by Adnoc Gas Processing to execute a project to develop gas production at a cost of up to $1 billion, said a report.

 

The project will add 200 million to 400 million cu ft of gas to the daily production of Habshan offshore fields, reported Meed magazine.

 

Adnoc Gas Processing is planning to launch a design contest for two gas extraction projects, it added.