ITD Cementation announced on Friday it had secured an international marine contract worth for jetty construction works for the Ruwais LNG project.
The contract is worth $67.4 million.
ITD Cementation did not provide further details.
In June 2024, Adnoc announced the final investment decision on the Ruwais project and the EPC award to a joint venture led by France’s Technip Energies.
Prior to that, Adnoc issued in March a limited notice to proceed for early engineering, procurement, and construction activities to the joint venture.
Besides this EPC deal, Adnoc Gas also awarded US energy services firm Baker Hughes a contract for the LNG export terminal.
Baker Hughes will provide two electric liquefaction systems (e-LNG) for the Ruwais LNG project.
Moreover, BP, Mitsui & Co., Shell, and TotalEnergies agreed to buy a 10 percent equity stake in Adnoc’s LNG export terminal.
Adnoc will retain a 60 percent majority stake and sell it to its unit Adnoc Gas for about $5 billion.
The LNG project will more than double Adnoc’s existing UAE LNG production capacity to around 15 mtpa, as the company builds its international LNG portfolio.
Adnoc currently owns a 70 percent stake in Adnoc LNG, which produces approximately 6 million tonnes per annum (mtpa) of LNG from its facilities on Das Island.
