January 23, 2018 / 10:10 AM / 7 months ago

UAE's NPCC wins $327 million contract from ONGC

ABU DHABI (Reuters) - Abu Dhabi-based National Petroleum Construction Company (NPCC) on Tuesday said it won a $327 contract from India’s Oil & Natural Gas Corp Ltd (ONGC.NS) to build offshore infrastructure on the west coast of the Asian country.

FILE PHOTO: A technician works at the Oil and Natural Gas Corp (ONGC) wells at its oil field on the outskirts of Ahmedabad, India, September 30, 2016. REUTERS/Amit Dave/File Photo

NPCC, majority owned by Abu Dhabi’s General Holding Corp (Senaat), is an engineering, procurement & construction (EPC) contractor, having won several contracts from ONGC in the past.

The contract includes survey, design and installation of five oil well platforms, pipelines and cables as well as commissioning services at the ONGC’s Ratna field on the west coast of India, a statement from NPCC said.

Reporting By Stanley Carvalho, editing byxxx

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