ADNOC secures USD 5.5bn to build Ruwais project

Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth USD 5.5bn to build its Ruwais project.

ADNOC secured the engineering, procurement and construction (EPC) contracts to a joint venture led by France’s Technip Energies with Japan’s JGC Corp. and the UAE’s NMDC Group.

ADNOC currently produces around 6 mtpa of LNG and aims to lift its capacity to 15 mtpa.

Supply deals for LNG from Ruwais, expected to be operational by late 2028.

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