According to the Emirates News Agency, the Oman Oil Company Exploration and
Production LLC (OOCEP) awarded a $40 million contract to National Petroleum Construction Company (NPCC.)
OOCEP is an oil and gas subsidiary of Oman Oil Company. The deal is a procurement and construction (EPC) contract for the installation of two new offshore pipelines in the area of Musandam.
The planned offshore pipeline will bring in imported well liquids from the Bukha field to the Musandam Gas Plant to be processed. There will also be an offshore export pipeline built to bring natural gas from Musandam to Saqr Port in Ras al Khaimah.
The combined length of the two pipelines is over 30 kilometers. They will be installed below water as deep as 90 meters in places.
This coveted contract, worth almost $40 million will give NPCC a much-desired entry into the profitable Omani market. The contract matches the company’s business plan and expansion strategy.
NPCC was formed in 1973, is based in Abu Dhabi, and is owned in partnership with UAE’s Senaat (70 percent) and Consolidated Contractors International.