Saudi Aramco awards contracts worth $673m to Abu Dhabi’s NPCC

Saudi Aramco awards contracts worth $673m to Abu Dhabi’s NPCC
NPCC is fully owned by National Marine Dredging Co., which is listed on the Abu Dhabi Securities Exchange. (Supplied)
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Updated 19 June 2022
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Saudi Aramco awards contracts worth $673m to Abu Dhabi’s NPCC

Saudi Aramco awards contracts worth $673m to Abu Dhabi’s NPCC

RIYADH: Saudi Aramco has awarded two contracts valued at $673 million in total to Abu Dhabi-based National Petroleum Construction Co.

The first contract is for the Jafurah development program, which is worth $460 million, NPCC’s parent company National Marine Dredging Co. said in a bourse filing.

On the other hand, the second deal, worth $213 million, is related to the drilling jackets project, it added.

NPCC is fully owned by National Marine Dredging Co., which is listed on the Abu Dhabi Securities Exchange.