Technical Metal awarded project to construct the utilities and offsite facilities at the Habshan 5 valued at $1.7bn.
Technical Metal has been awarded a project to construct the utilities and offsite facilities at the Habshan 5 valued at $1.7bn. The project is owned by Abu Dhabi Gas Industries (GASCO) for its Integrated Gas Development (IGD), also known as Habshan 5. The contracts are all expected to be completed by the third quarter of 2013, with work expected to start as soon as August this year. GASCO is 68% owned by the state-owned Abu Dhabi National Oil Co., with Shell and Total holding a 15% share each, and Partex holding the remaining 2%.
The IGD project at Habshan will add a fourth natural gas liquids (NGL) processing train to the Ruwais facility and lift its total processing capacity to 2 bcf/d. The new Habshan 5 complex will itself have an output of 900 mmcf/d of sales gas, 12,000 t/d of NGL, and 5,000 t/d of liquid sulphur, after having treated about 1 bcf/d of raw gas. This expansion makes it possible for Abu Dhabi to raise the oil production, as the associated gas will be taken care of.
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