CB&I, a global EPC company, has announced that its asset solutions business (formerly part of Petrofac) has secured a well engineering services contract from UAE-based Cosmo E&P Albahriya to support drilling, engineering, planning and operational activities at Offshore Block 4 in Abu Dhabi.

The award strengthens Asset Solutions’ position in the Middle East and solidifies new relationships with key regional operators, said a statement from CB&I. 

With shared goals of prioritising safe, stable, and environmentally conscious production, its UAE-based team will draw on its local and global experience of delivering innovative well engineering solutions, it added.   

On the contract win, John Pearson, Chief Operating Officer of CB&I Asset Solutions, said: “The UAE continues to be a growth market for our Asset Solutions business as part of our strategy to expand services in selected geographies. This award is testament to our respected wells capability and track record in the region, alongside our commitment to safe and efficient service delivery. We look forward to partnering with Cosmo to support their goals for the block.”      

Cosmo said it had clinched the contract in Abu Dhabi’s second competitive bidding round for the exploration, development and production of oil and gas.

“We are pleased to work with CB&I for our exploration journey in Offshore Block 4," stated Hisato Ishii, General Manager of Cosmo E&P Albahriya Limited.

"We value CB&I’s expertise and capability to support our drilling, engineering, planning and operational activities, and look forward to collaborating to execute the campaign safely and efficiently," he added.-TradeArabia News Service