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ADNOC has awarded McDermott a major offshore EPCI package tied to the Nasr-115 Expansion Project at the Al Nasr offshore field in the UAE. The award is being described in the $750 million to $1 billion range, and the disclosed scope includes two topside structures, a new manifold tower, a jacket, a bridge, and associated pipelines, cables, and brownfield modifications. ADNOC positions the work inside its broader offshore expansion program, with the Nasr Phase II plan linked to 115,000 bpd capacity by 2027.
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ADNOC and McDermott in one read
ADNOC has awarded McDermott a major offshore EPCI package for the Nasr-115 expansion at the Al Nasr offshore field. The award is being described in the 750 million to 1 billion dollar range, with scope spanning new structures and tie-ins that support ADNOC’s offshore expansion program.
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Contract snapshot
Major offshore engineering, procurement, construction, and installation package tied to the Nasr-115 program at Al Nasr. -
Scope in plain terms
New offshore structures and connections, including topsides and supporting steel, plus associated pipelines, cables, and brownfield modifications. -
Timing signal
The expansion is linked to a stated production capacity goal of 115,000 bpd by 2027 for Nasr Phase II.
A package of this size keeps Middle East offshore work volume visible across fabrication, heavy lift and installation windows, and marine logistics planning. It also reinforces that upstream offshore capex remains active in the region.
| Key point | Confirmed details | Execution factors | Bottom-line read-through |
|---|---|---|---|
| Award size signal | Major EPCI contract from ADNOC to McDermott, widely reported in the $750m to $1bn range. | Large offshore packages typically concentrate vessel days, fabrication throughput, and offshore hook-up windows into a defined schedule band. | Reinforces visible Middle East offshore work volume and supports forward utilization for construction and installation capacity. |
| Project anchor | Nasr-115 Expansion Project at the Al Nasr offshore field, about 130 km northwest of Abu Dhabi. | Field expansion work increases interface points across offshore structures, tie-ins, and brownfield constraints. | Execution risk tends to show up as schedule buffer needs and tighter control of interfaces between new builds and existing assets. |
| Physical scope snapshot | Two topside structures, one new manifold tower, one jacket, one bridge, plus associated pipelines, cables, and brownfield modifications. | Multi-asset scope means parallel workstreams with sequencing pressure during offshore installation and commissioning. | Work volume spreads across fabrication, transport, lift, and offshore installation, benefitting a broader offshore services stack. |
| Capacity target | Nasr Phase II is described as aiming to raise oil production capacity to 115,000 bpd by 2027. | Milestone-driven delivery increases sensitivity to weather windows, marine spreads, and any hold points around permits and readiness. | Signals continued upstream capex commitment and a durable project pipeline rather than a one-off award. |
| Who feels it next | Follow-on pull tends to show up in marine logistics, heavy-lift planning, subsea and pipeline support scopes, and commissioning activity. | Demand concentrates around offshore spreads and vessel availability, with knock-on effects on lead times. | Owners and charterers monitor installation windows because small delays can ripple into multi-vessel plans and cost exposure. |
ADNOC awards McDermott a major offshore EPCI package up to 1 billion dollars
ADNOC has awarded McDermott a major offshore engineering, procurement, construction, and installation package tied to the Nasr-115 expansion at the Al Nasr offshore field. The reported contract band is 750 million to 1 billion dollars. The stated scope includes multiple new offshore structures plus associated pipelines, cables, and brownfield modifications that connect new work to existing infrastructure.
Award snapshot
Large offshore EPCI scope packaged into a single award, covering design through offshore installation.
Work volume signal
A contract in this band usually implies multi-quarter activity across fabrication, transport, and installation windows.
Program anchor
Nasr Phase II capacity target is described at 115,000 bpd by 2027.
Scope map
Items referenced in reporting for this package are centered on new offshore structures plus tie-ins.
- Two topside structures
- One new manifold tower
- One jacket and one bridge
- Associated pipelines and cables
- Brownfield modifications and tie-ins
Multi-asset scope typically means multiple parallel workstreams that converge during offshore installation and hook-up.
Engineering and procurement lock long-lead items and fabrication sequencing.
Fabrication and integration prepare modules for transport and lift.
Marine spread planning aligns vessels, lift windows, and field readiness.
Installation and tie-ins place structures, connect pipelines and cables, and complete brownfield modifications.
Commissioning and handover close the critical path and release capacity for the next window.
Offshore awards of this size are watched because they tend to translate into sustained offshore activity across multiple suppliers, not just the prime contractor.
Offshore window planner
Simple sizing tool for planning. It converts your assumptions into total offshore days and a spread cost estimate. It is arithmetic only and does not assume any specific vessel type.
Spread Days and Cost Estimator
Base offshore days
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Adjusted days with factor
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Estimated spread cost
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