posted on 28/03/2007: 462 views
International Petroleum Investment Company (IPIC) has awarded the Project Management Consultancy (PMC) services contract for the Abu Dhabi Crude Oil Pipeline (ADCOP) Project to ILF Consulting Engineers (ILF).
The project involves the construction of a 360 km, 48 inch diameter pipeline and associated facilities for carrying crude oil from Habshan in Abu Dhabi to Fujairah. The pipeline will have a capacity of transporting 1.5 million bpd of crude, and will include storage and terminal facilities for crude export.
IPIC plans to implement the project on a fast track basis, and has issued Expression of Interest invitations to selected contractors for FEED services and related survey contracts.
Owned by the Emirate of Abu Dhabi, IPIC is responsible for long term equity investments in hydrocarbons and related sectors on a global basis, with a present portfolio valued at around $10 billion. (Emirates News Agency, WAM)
|23 July 2014||RAK Petroleum announces fifth consecutive year of profitability|
|23 July 2014||U.A.E. makes ‘Green Diesel’ mandatory|
|20 July 2014||ADNOC Distribution to create awareness about environmental benefits of Low Sulphur Diesel Product|
|18 July 2014||Mubadala Petroleum signs cooperation agreement with Somalia|
|15 July 2014||ADNOC Distribution launches Al Weshah service station at Al Zaid City in Sharjah|