Comment from NPCC’s CEO following ADNOC’s announcement to award $744 million (AED2.73 billion) contract for the full field development of the Belbazem Offshore Block to NPCC

Eng. Ahmed Al Dhaheri, CEO of NPCC

Eng. Ahmed Al Dhaheri, CEO of NPCC, said: “We are proud to have been chosen by ADNOC’s subsidiary Al Yasat Petroleum to fully develop the offshore Belbazem block. The project supports ADNOC’s push towards maximizing Abu Dhabi’s hydrocarbon resources and crude production capacity of 5 million bod by 2030. This partnership will strengthen our ‘Made in the UAE’ value proposition as well as add significant value to the national economy. 

We will work with the Al Yasat team to deliver the project as per schedule, following all health, safety and environmental standards. Our experience and full-fledged EPC capabilities as well as our proven track-record in delivering complex and large-scale projects are drivers that help us win such mega projects.”