Hyundai Heavy Industries has won a US$1.94 billion contract from Abu Dhabi Marine Operating Company (Adma-Opco) to build an offshore oil
and gas platform in Abu Dhabi. The South Korean company will complete engineering, procurement, construction, installation and commissioning work for the Nasr oilfield, 130 kilometres off the coast of Abu Dhabi, close to the limit of the UAE’s territorial waters. Hyundai’s contract also includes laying 144km of underwater power and 55km of infield cables, as well as modifying an existing manifold tower and two wellhead towers in the Nasr oilfield.
Gulf Korea Group handles an on-going ICT hardware maintenance supplies contract with Hyundai as well as supply of building materials to the project.