Abu Dhabi Company for Onshore Oil Operations (ADCO) has awarded a lump sum turnkey contract worth US $566 million for the development of oilfields under the North East Abu Dhabi (NEAD) phase 1 project. The winners were French engineering company Technip-Coflexip and the National Petroleum Construction Company of Abu Dhabi (NPCC). TechnipCoflexip said that the…

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