SRJ Technologies Group PLC (ASX:SRJ) has successfully completed Phase 1 of the Abu Dhabi National Oil Company (ADNOC) ‘fast-track’ contract.
SRJ announced the fast-track contract awarded by ADNOC on October 5 2021, which gave SRJ permission to design, manufacture and install pipeline asset integrity solutions for pipeline/flange/valve systems on Das Island.
The contract marked SRJ’s first order in the UAE, which delivered the company $160,000 in revenue.
Read: SRJ Technologies wins major asset integrity contract with Abu Dhabi National Oil Company
Phase 2 secured
With Phase 1 complete, SRJ has now secured Phase 2 of the project – a purchase order worth A$688,000 for the manufacturing and delivery of pipeline asset integrity solutions to Abu Dhabi partner, EuroMechanical, which will undertake installation on Das Island for ADNOC.
Phase 2 comprises the manufacture and installation of a number of SRJ’s pipeline/flange/valve leak mitigation systems.
The work is expected to be completed in early 2022.
About SRJ
SRJ provides specialised engineering services and containment management solutions, elevating customers’ integrity management performance.
Its range of industry accredited products are designed to maintain and assure the integrity of pressure containment systems and therefore play an important role in the overall integrity of operating facilities.