Abu Dhabi National Oil Company (ADNOC) has revealed that it is investing $187mn (AED 686.7mn) to expand the capacity of its Al Nouf field from 160,000 barrels per day (bpd) to 175,000 bpd by 2024.

The investment is in the form of an Engineering, Procurement, and Construction (EPC) contract awarded by ADNOC Onshore to Robt Stone (ME) LLC.

The EPC contract will see more than 75% of the value returning to the UAE’s economy under ADNOC’s flagship In-Country Value (ICV) programme, over the 39-month duration of the contract.

The investment aims to unlock even greater value from the maturing field and also aims to contribute to achieving ADNOC’s 5 million barrels per day oil production capacity target by 2030.

Al Nouf Development will add more than 20 new wells to the field and expand the use of water and gas (WAG) injection for enhanced oil recovery.

Al Nouf field is located approximately 85km southwest of Abu Dhabi, and has been producing since 2005.

Earlier in the year, ADNOC had awarded a $510mn Engineering, Procurement, and Construction (EPC) contract to expand the capacity of its Shah Sour Gas Plant.

The EPC contract for the Optimum Shah Gas Expansion (OSGE) project was awarded by ADNOC Sour Gas – a subsidiary of ADNOC – to Italy’s Saipem after a competitive tender process.

Expected to be completed in 2023, the OSGE project is forecasted to increase the processing capacity of the Shah Gas Plant by 13%, from 1.28 to 1.45 billion standard cubic feet per day (scfd).