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Monday, December 7 - 2009

Zadco set to award $4bn in contracts

  • United Arab Emirates: Wednesday, October 21 - 2009 at 10:27

Abu Dhabi-based oil and natural gas exploration and production firm, Zakum Development Co (Zadco) plans to award around $4bn worth of engineering, procurement and construction contracts over the next 18 months, Gulf News has reported. The company's mandate is to develop the Upper Zakum field on behalf of Abu Dhabi National Oil Company (Adnoc) and for the benefit of the shareholders in the joint venture, Adnoc, ExxonMobil, and Japan Oil Development Company.

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