VOL. XXXVII

NO. 42

18-JULY-1994

UAE

ADNOC Awards Letter Of Intent For Upgrading Ruwais Refinery Utilities

The Abu Dhabi National Oil Company (ADNOC) at the end of June awarded aletter of intent to Japan's Chiyoda Corporation to carry out the project forupgrading utilities at the 120,000-b/d Ruwais refinery. The value of the work tobe performed by Chiyoda is estimated at $65mn and the award was made after asecond round of tendering for the project. Due for completion by the end of1995, the...