NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum

National Petroleum Construction Company and JV partner Petrofac, have secured a new contract. NPCC has many projects from Saudi Aramco, Kuwait and India, its main markets, al Dhaheri added. Schneider electric is a leader in digital transformation of energy management and automation. The company is targeting revenues of 7 billion dirhams in 2019. Al Yasat Petroleum to provide FEED services for the Belbazem Block Development Project.

NPCC has had an excellent year in a highly competitive market. It collaboration to provide remote sensing, real time data and predictive analytics. National Petroleum Construction Company (NPCC), part of Senaat Abu Dhabi, organized a HSE Day attended by NPCC management. The scope of work includes the submission of a FEED package. Abu Dhabi-based National Petroleum Construction Company (NPCC) expects revenue to grow by 34% this year.

National Petroleum Construction Company’s (NPCC) operating profit grew 27 percent in 2018. It has increased its revenue by 7%, from AED 4.9 Billion to AED 5.3 Billion. Etisalat announced its strategic partnership with National Petroleum Construction Company (NPCC). An EPCI proposal for the facilities, with the execution of the EPCI work to be awarded on a design competition basis. Revenue at the majority state-owned oil and gas services contractor will hit 7.1 billion.

“We are delighted to have won this competitive bid and participate in the design competition”, said Eng. Ahmed Al Dhaheri, CEO of NPCC.

Schneider Electric and UAE-based National Petroleum Construction Company (NPCC). It driven by business in Saudi Arabia, its chief executive said on last week. The event was organized at a purpose built facility in NPCC’s Mussafah Yard. NPCC, a leading international EPC contractor, provides engineering, procurement, construction. Company look forward to the successful delivery of scope in collaboration with partners at Petrofac.

It was recently awarded at the Future Network Awards 2019. The financial results are a reflection of the company’s efforts to optimize all operations. The higher revenues are from projects won outside the UAE with 84% of the project value. The majority state-owned firm made EBITDA of 891 million dirhams in 2018. ADNOC and its Group Companies are strategic partners and valued clients to NPCC.

Company achieved a number of milestones including the recent load-out. It compared to 700 million dirhams in the prior year. NPCC continues to support the development of the Oil and Gas industry in the Gulf region. World’s largest offshore oil platforms to mark the completion of phase two. On the annual HSE Day company have gathered, to recognize, reward and celebrate NPCC’s safety culture. Schneider Electric is a leader in digital transformation of energy management.

Company committed to supporting ADNOC’s expansion plans to increase their production capacity from 4 MMbpd. NPCC has many projects from Saudi Aramco, Kuwait and India. NPCC’s revenues totalled 5.3 billion dirhams in 2018, up 7 percent over 2017. NPCC has executed over 1190 EPC projects, laid over 6199 kilometers of pipelines. It is headquartered in Abu Dhabi with offices around the region. Company look forward to executing more onshore and offshore projects in Abu Dhabi and the UAE.

The firm has submitted bids for projects worth more than 6 billion dirhams in the region. The earnings were driven by contracts NPCC won in Saudi Arabia. All projects were executed to world class standards using approximately 1 Million tons of steel. SENAAT represents the government of Abu Dhabi. It complements the wider contracts that already engaged in across the ADNOC Group. The recognition came in the light of the successful digital transformation of NPCC’s production.

“This award continues to demonstrate our competitive profile in the UAE”, said Mani Rajapathy, Managing Director, Petrofac EPS East.

Petrofac first established a presence in the UAE in 1991 and has developed a large workforce supporting. NPCC believe in creating a safe working environment for all employees. NPCC is a regional leader amongst EPC companies. The company is targeting revenues of 7 billion dirhams in 2019. NPCC has the advantage of gaining real-time operational insights. Regional and international projects is committed to deliver In-Country Value.

NPCC’s excellent HSE performance is also reflected in IPLOCA. Emiratisation is a key business priority and Petrofac is actively promoting current career opportunities. The digital transformation will support NPCC in achieving their five-year plan. The ongoing projects and the backlog that will boost this year’s revenues. NPCC is committed to the development of local talents and increasing the number of UAE. Company plans to expand its operations to Africa and other geographies.

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