NPCC wins Dh550m India contract

Abu Dhabi's National Petroleum Construction Company (NPCC) has won a Dh550 million contract from India's Oil and Natural Gas Corp (ONGC) for the engineering, procurement and construction of Platforms 14 and 16 in the Mumbai High Field.

NPCC had entered two rounds of tough competition with several international companies and local providers before winning the contract. The project includes the engineering, procurement of materials, manufacturing, transportation, installation and trial run for five offshore rigs, said a statement from NPCC.

NPCC, more optimistic over its prospects in 2012 than last year, also has plans to target projects in Saudi Arabia as well as new markets farther afield such as Angola, Iraq, Kazakhstan, Nigeria, and Southeast Asia, according to CEO Aqeel Madhi.