UAE The Abu Dhabi National Oil Company and Abu Dhabi Power Corporation revealed in a statement regarding the issuance of a joint tender, subsea power transmission network for a first of its kind project, in the Middle East & North Africa MENA region.
The joint tender sets out to develop and operate the region’s first high-voltage, direct current, sub-sea transmission system, that will link Abu Dhabi National Oil Company offshore production facilities to Abu Dhabi Power Corporation onshore electricity grid using state-of-the-art technology, Abu Dhabi National Oil Company said in a report.
The transmission system will include two independent sub-sea HVDC transmission connect and converter stations that will connect to ADPower’s onshore electricity grid operated through its subsidiary, Abu Dhabi Transmission and Dispatch Company, TRANSCO and supply a total installed capacity of 3,200 megawatts. Commercial operation is guessed in 2025.
This valuable capital project will be funded by a special intention vehicle jointly owned by ADNOC (30 percent share), ADPower (30 percent share), and the selected developers and investors (40 percent shares). The project is to be executed on a build, own, operate, and transfer basis. The successful bidders, alongside ADNOC and ADPower, will construct and operate the transmission system, with the full project being delivered to ADNOC at the end of the transmission agreement.
The project is supposed to reduce the carbon footprint of ADNOC’s offshore facilities by up to 30 percent by ADPower’s capacity onshore power production. It also offers power supply cost optimization potential for ADNOC’s offshore facilities and will drive operational capacity and system reliability by replacing the existing offshore localized gas turbine generators with diverse, more efficient, and environmentally sustainable sources of energy, comprising renewable and nuclear power. The project also offers potential for ADNOC to more effectively utilize its rich gas presently used to power the offshore facilities for higher value intentions, allowing ADNOC to bring out additional revenue for ADNOC and Abu Dhabi.
Requests for proposals have been posted to international companies that have the expected experience to partner with ADNOC and ADPower on this important infrastructure project for Abu Dhabi.