Al Jaber Energy Services wins $125mn contract
Contract is second deal with Petrofac for offshore work
Al Jaber Energy Services (AJES) has secured a $125mn contract from Petrofac Emirates LLC for construction work on the Upper Zakum offshore oilfield.
AJES, a subsidiary of Al Jaber Group, has been contracted for 33 months for construction and logistics work on the South and North Islands.
The two islands are part of the four artificial islands developed by Zakum Development Company (ZADCO).
The project is located in the Arabian Gulf, 84km from Abu Dhabi, and will continue the three ongoing developments AJES has on the four artificial islands.
AJES's existing clients on the artificial islands are ZADCO, Technip-NPCC consortium and Petrofac Emirates LLC.
The scope of the contract involves entire infrastructure, piling, foundations, buildings, underground piping, seawater intake and other associated works involving all of the marine logistics.
His Excellency Obaid Khaleefa Al Jaber Al Marri, chairman of Al Jaber Group said: "Al Jaber Energy Services has always been a leader in the oil sector infrastructure and construction projects. This project reflects the successful record of AJES in the execution of giant projects with international construction standards.”