2020 marks the beginning of Expo 2020 Dubai that will open its gates to the world in less than nine months. While for many construction stakeholders it was only the start of the year with on-going construction across various projects in the region, for many contractors January 2020 kick-started with signing of major contracts.
Contractors including, China State Construction Engineering Corporation Middle East (CSCEC ME) to Egypt’s Hassan Allam Holding, India’s Larsen & Toubro (L&T), and Canada’s SNC-Lavalin Group, witnessed a successful month in January 2020, bagging major contracts worth millions of dollars.
Other firms such as Saudi Arabia’s ACWA Power, Belgian contracting heavyweight BESIX, and Petrofac also had a successful month for contract wins.
The Middle East’s top construction contracts of January 2020 were:
1. Petrofac bags $130m EPCM services contract from Oman’s PDO
2. CSCEC ME wins $102m & $109m contract from Mushrif Trading & Contracting and SZHP
3. Samana Developers picks Atcon Construction as main contractor for Samana Hills
4. Saudi’s ACWA Power inks deal for 240MW Azerbaijan wind project
5. Egypt’s Hassan Allam wins Cairo Int’l Airport’s travelator contract
6. UK’s Sound Energy to build, operate 120km gas pipeline in Morocco
7. L&T wins $122m oil refinery substation contract by KNPC
8. SNC-Lavalin bags FEED contract from ADNOC’s Al Dhafra Petroleum
9. BESIX to build, operate Dubai Municipality’s gas-to-energy plant
10. ENGIE, Morocco’s NAREVA to build 120MWp solar PV plant in Tunisia
Please note that this list is not a ranking.
1. Petrofac bags $130m EPCM services contract from Oman’s PDO
London Stock Exchange-listed (LSE) oilfield services provider Petrofac has secured a $130m (OMR50.1m) engineering, procurement, construction, and management (EPCM) services contract from the Sultanate’s exploration and production firm, Petroleum Development Oman (PDO) for the Mabrouk North East Development Project.
The contract award falls under a 10-year framework agreement signed between the two companies in 2017, Petrofac said in a statement, adding that the project is planned to be carried out in phases.
UK-based firm’s scope of work for the 34-month period includes the development of 16 gas producing wells and production export to the Saih Rawl Central Processing Plant, with the project being integrated with the Mabrouk North East Line Pipe procurement project that was awarded to Petrofac in June 2019.
