Top 10 billion dollar oil deals of the summer

Integrated Gas Development Project (UAE)

The Deal: Process Plant Contract
Worth: US$4.7 billion
Awarded to: JGC (Japan) and Tecnimont (Italy)

The Deal: Offsites and Utilities
Worth: $1.7 billion
Awarded to: Hyundai Engineering & Construction (South Korea)

The Deal: Ruwais Fourth NGL train
Worth: $2.1 billion
Awarded to: GS Engineering (South Korea) and Petrofac (UK)

The Integrated Gas Development Project (IGDP) is the multi-billion dollar offshore gas  initiative being undertaken by subsidiaries of the Abu Dhabi National Oil Company (ADNOC) - Abu Dhabi Gas Industries Ltd. (GASCO) and Abu Dhabi Gas Liquefaction Company Ltd (ADGAS). 

The IGDP will transfer 1 billion standard cubic feet per day (scfd) of gas from the offshore fields at Umm Shaif and Khuff via Das Island and processed by four gas processing trains with a combined processing capacity of 2 billion scfd of gas.

GASCO recently awarded US$9.6 billion of contracts for the project of which the three listed above were over the magic billion dollar mark.

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