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11/03/2019

Interserve Secures New Contracts In UAE

Interserve has secured a number of multi million pound contracts in the United Arab Emirates.

The company's subsidiary, Adyard Group, will deliver the £9.6 million ($12.4m) works for Abu Dhabi National Oil Company (ADNOC) on a range of offshore and gas processing projects.

Adyard Group operates several fabrication, construction and maintenance yards with significant quayside and load-out facilities in Abu Dhabi.

Work will involve replacing ADNOC's offshore firewater pump systems on a number of topsides and the replacement of liquid sulphur loading system at ADNOC's onshore plant at Al-Ruwais.

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The company will also install a flowline replacement using Inconel alloy, which is resistant to corrosion at high temperatures and pressures, ideal for the oil sector, and fabricate new pipe racks and skids.

Andrew Beaney, Managing Director at Interserve International, said: "We are delighted to be working with ADNOC on these projects following the successful delivery of a number of developments with its offshore and gas-processing divisions where Interserve has demonstrated its capability, skill and expertise in the UAE oil and gas sector.

"These new contract wins contribute to Interserve's continued growth and success within the oil and gas industry and reinforce our strategy to create, in Adyard, UAE's premier engineering, procurement, construction, maintenance, fabrication and specialist manpower supply company."

(CM/MH)

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