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NPCC to Build $162 Million Oil Platform in India

ABU DHABI - Abu Dhabi’s National Petroleum Construction Company, or NPCC, has been awarded a major engineering, procurement and construction (EPC) contract for developing an offshore oil platform project in Mumbai, by ONGC, a state-owned enterprise in India.

NPCC owned by the General Holding Corporation, an industrial arm of Government of Abu Dhabi, will develop RS-12 Well Platform Project at offshore Mumbai High Field, contract valuing $162 million. With this, the value of contacts awarded to NPCC by the Indian company reaches Dh1.6 billion, since October 2009. The scope of work under the above project consists of survey, design, detailed engineering, procurement, fabrication, transportation, installation, commissioning. Apart from several segments of subsea pipelines and Composite Subsea Cable. The project completion is scheduled for 30 April 2011.

Aqeel Madhi, Chief Executive Officer of NPCC, said his engineering and construction company signed a contract with ONGC in October this year for the construction of B-22- 3 Wellhead Platforms with pipeline and modification works.

The contract value is approximately Dh1 billion and the project will also be completed by April 2011.

NPCC has successfully executed several mega EPC projects for ONGC in the past; the recent being the 4 Wellhead Platforms Project -2 completed in April 2007 and C-Series Wellhead Platforms Project completed in April 2009.

The Engineering and construction giant geared up to meet the challenging task of completing both newly awarded RS-12 Well Platform Project and recently awarded B-22 Field Development Project within the tight completion schedule of April 30, 2011 with its dedicated and committed team ensuring timely completion with highest standards of quality and safety.

NPCC Chief Executive Officer, Aqeel A. Madhi, who is also the Chairman of the Board of NEL, said that in less than three years of operation, this new venture has executed several engineering and design projects. “Our objective is to continue to boost NPCC’s Engineering strength, in both Onshore and Offshore developments,” he said.

Madhi said that as part of the future expansion plan, NPCC is considering the establishment of a fabrication yard facility in India. It will fully support the upcoming major project in the Indian sub-continent and beyond.

haseebhaider@khaleejtimes.com