Middle East Economic Survey
Abu Dhabi’s ADCO Targets 1.8Mn B/D Oil Capacity
Abu Dhabi’s National Petroleum Construction Company (NPCC) announced on 16 February it had won a $693mn contract from Abu Dhabi Company for Onshore Oil Operations (ADCO) for phase one of the Bab field expansion. The announcement follows ADCO’s release of details of its planned crude capacity boost from 1.4mn b/d to 1.8mn b/d by end 2017. In addition...