ADNOC-Cepsa JV awards FEED contract for Ruwais LAB project

18/12/2018 Argaam

 

State-owned Abu Dhabi National Oil Company (ADNOC) and Spain's Cepsa have awarded a Front End Engineering Design (FEED) contract for their Linear Alkyl Benzene (LAB) joint venture project in the Ruwais Derivatives Park to Técnicas Reunidas SA, the UAE oil major said in a statement on Tuesday.

 

The LAB project is the first of the derivative units to be advanced under ADNOC’s $45 billion Ruwais downstream investment program. When it comes on stream, the plant will produce 225,000 metric tons per annum (MTPA) of Normal Paraffins and 150,000 MTPA of LAB.

 

Cepsa is wholly-owned by Abu Dhabi’s Mubadala Investment Company, the statement said.

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