15.11.2018|http://www.tradearabia.com/news/CONS_347613.html
The Abu Dhabi National Oil Company (Adnoc) announced a Dh5.1 billion ($1.4 billion) investment to upgrade and expand its Bu Hasa field, which will increase crude oil production capacity to 650,000 barrels per day (bpd).
An engineering, procurement and construction (EPC) contract has been awarded to Tecnicas Reunidas SA by Adnoc’s subsidiary, Adnoc Onshore, which operates the field. The works are expected to take 39 months to complete and the upgrade will increase oil production capacity from 550,000 bpd to 650,000 bpd by the end of 2020.
