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 Renaissance
Services Subsidiary Adyard Abu Dhabi LLC (Adyard) has
won a contract to supply equipment for the Habshan gas
complex expansion project of Abu Dhabi Gas Industries
Ltd (Gasco).
The contract, worth $3.6 million and granted by Fluor
Mideast Ltd, entails the design, engineering and
supply of 45 ASME coded CS pressure vessels.
The work will be carried out at Adyard’s 80,000 sq m
waterfront facility located in the Industrial City of
Mussafah, near Abu Dhabi. The entire project will take
just over a year to complete and initial preparations
are already in place.
Adyard is one of the UAE’s leading state-of-art oil
and gas services companies, specializing in
engineering, fabrication and onshore and offshore
projects. Adyard is part of the Topaz group acquired
by Renaissance last year.
Renaissance Services SAOG is one of the largest public
listed services companies in the region. A large
proportion of Renaissance business is engaged in
providing quality services to the oil & gas sector,
where it is a leading turnkey contract services
provider; and has one of the top 10 marine support
fleets in the world with a significant presence in the
Gulf, the Caspian region and S.E. Asia. Renaissance is
recognized as an Omani company with substantial
international credentials, successfully exporting its
services abroad.
The company’s 2005 Annual Report states that 75% of
the annual revenue of R.O. 106.4 million was generated
outside Oman and 60% of revenue is generated in
services to the oil & gas industry.
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