Dana Gas has awarded Adyard Abu Dhabi the contract for the offshore platform components for its Zora gas field located offshore Sharjah and Ajman in the UAE.
The shared field between the Sharjah and Ajman Governments is located around 40 km off the coasts of the two emirates.
The aim of the Zora project is to extract the reserves from the Zora field through an offshore facility and to transport the reserves via a 35km subsea pipeline to an onshore gas processing facility. The facility will be located in Sharjah onshore area.
Patrick Allman-Ward, chief executive officer of Dana Gas, said: “This contract is the first strategically significant development towards bringing the Zora gas field on-stream. The capital investment of $160 million in the project during the project execution phase will contribute to the local and regional economy.”
The US$17 million contract for the fabrication of an offshore platform will include the manufacture and erection of the structure and the different deck levels. Adyard will also prepare the finished platform for safe and secure loading onto a transportation vessel. The platform will eventually be installed in a water depth of 24 meters, along with associated facilities.
The UAE-based firm said that it expects to start delivering 40 million cubic feet per day of gas in the first half of 2015 from the Zora gas field.
Dana Gas is 100 per cent operator of the field and the Zora facility will be the firm's first operation located in Sharjah.
Rashid Al Jarwan, Executive Director, Dana Gas added: “Dana Gas is proud to play its positive role in developing the Zora gas field, marking the first exploration and production project for the company in the UAE and GCC region."