
The company "Taziz", a joint project of "ADNOC" and "ADQ", announced that a contract has been signed for the implementation of engineering works, procurement, and construction for a total of 6.2 billion dirhams (1.7 billion dollars). This agreement is part of the "Taziz" strategy for the development of local gas resources in Ruwais and Zafarana.
The managing director of the "Taziz" company stated: "This contract represents an important step towards increasing our natural resource production capabilities and will help us achieve our ambitious goals in the natural gas sector." This project is expected to contribute to the economic development of the United Arab Emirates and strengthen their position in the global energy markets.