Adyard Completes $ 5.5m Atlantis Contract
Adyard L.L.C has completed a contract from Atlantis Holding Norway AS a wholly-owned subsidiary of Chinese giant Sinochem Corporation. The $5.5m deal involved the fabrication, load out and transportation of the jacket and topsides for an off-shore platform, to be used by Atlantis for the development of the Um Al-Quwain gas field in the UAE.
Renaissance Subsidiary Awarded Oil & Gas Contract
Renaissance announced that its Abu Dhabi based oil & gas subsidiary Adyard LLC was recently awarded a $35m contract by Single Buoy Moorings Inc. The contract is for the fabrication of a Mobile Offshore Production Unit for to be located on the YME Field in the Norwegian sector of the North Sea. The contract entails the fabrication and load out of the Hull, Topsides and related works. The process equipment will be fabricated in modules and installed on the hull at the Adyard jetty. The work will be executed at Adyard's 140,000 sqm water front facilities located in the Mussafah industrial area of Abu Dhabi over an 18-month period. Single…