UAE – Mubasher: Abu Dhabi-based National Petroleum Construction Company (NPCC) is expected to achieve a 34% growth in revenue in 2019 on the back of awarded projects overseas, the company’s CEO Ahmed Al Dhaheri told Reuters.
Almost 84% of the value of the projects NPCC won are from non-UAE companies, Al-Dhaheri added.
He further noted that revenue at the majority state-owned oil and gas services contractor will reach AED 7.1 billion this year from AED 5.3 billion in 2017.
On Wednesday, NPCC announced it launched the Umm Lulu Gas Treatment Plant (ULGTP) in favour of Abu Dhabi National Oil Company (ADNOC).
Source:
Mubasher