What is the value and scope of MAIRE's newly secured EPC contract with ADNOC?

MAIRE has secured a $4.3 billion EPC contract with ADNOC for the Gas Riche Phase III Natural Gas Condensate Project in Ruwais, Abu Dhabi; the project involves designing, procuring equipment for, and constructing a fifth condensate fractionation unit, with completion scheduled for 2030 and an intended daily capacity of 23,000 tons (approximately 8 million tons annually).

Which MAIRE subsidiary is executing the ADNOC project, and what is the strategic objective of the Gas Riche Phase III initiative?

The project is being executed by Tecnimont, a subsidiary of MAIRE, for ADNOC Gas; the Gas Riche Phase III initiative aims to increase the recovery of high-value liquid hydrocarbons—specifically ethane, propane, and butane—extracted from natural gas, to support export markets.

MAIRE Secures $4.3 Billion EPC Contract for ADNOC Natural Gas Condensate Project

Aug 14, 2026

Italian Maire Group secured a $4.3 billion EPC contract from ADNOC to expand natural gas condensate production in Abu Dhabi, targeting an annual capacity of 8 million tons by 2030.

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2026-08-14

MAIRE Secures $4.3 Billion EPC Contract for ADNOC Natural Gas Condensate Project

MAIRE Secures $4.3 Billion EPC Contract for ADNOC Natural Gas Condensate Project

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