Viking wins $45m deal
The contract award will keep anchor handler Vidar Viking employed in the Russian Far East has been agreed by Viking Supply Ships. The contract for eight months will have options for a further six months is worth around $45m. Viking does not name the charterer but as the vessel has been working in recent years...
Shell in £47bn bid for BG Group
Royal Dutch Shell says it has agreed to buy oil and gas exploration firm BG Group in a deal that values the business at £47bn. The two firms say they have reached agreement on a cash and shares offer which gives investors a 50% premium on BG Group’s share price on 7 April. The deal...
Mammoet awarded Cameron LNG job
Mammoet has been awarded the heavy lift and heavy haul contract for the Cameron LNG project in Louisiana USA. The multi-billion dollar project will be comprised of three natural gas liquefaction trains with approved liquefied natural gas (LNG) export capacity of 1.7 billion cubic feet per day. “We are very happy to work on one...
Foster awarded Jeddah transport plan
Foster + Partners has won the contract to develop a city-wide public transport plan for Jeddah, Saudi Arabia. The work includes the design of metro, ferry, bus, cycle, public spaces and stations. The Jeddah Public Transport Programme (JPTP) consists of a three-line metro and light rail system, bus network, marine ferries and taxis and the...
Dangote Group enters JV with Saipem
Dangote Group, the West African industrial conglomerate owned by Africa’s richest man Aliko Dangote has announced a multi-million dollar Joint Venture agreement with Italian engineering and construction giant Saipem. According to a statement by Devakumar Edwin, group executive director of the Dangote Group, the new company will be named Saipem-Dangote E&C and will work towards...
Mott McDonald advise on Moroccan desal plant
Mott McDonald has been appointed to advise on the development of a new $95.5m desalination plant in Morocco. The company has been appointed as technical advisor to the lender funding a public-private partnership that will design, build, operate and maintain a 100,000m3 desalination plant located on the country’s seaboard between the cities of Agadir and...
Metito wins $28m Egypt water projects
Metito is taking part in four strategic municipal water projects in Egypt worth more than EGP220 million ($28.8 million). The National Organisation for Potable Water and Sanitary Drainage (NOPWASD) has assigned the first the Arymon Waster Water Treatment Plant (WWTP) and the Shabbily Sewage Treatment Plant (STP), which are expected to be completed next year...
Habtoor Leighton wins $608m Qatar water project
Habtoor Leighton Group (HLG), a leading construction group in the region, said it has been awarded a QR2.2 billion ($608 million) contract by the Qatar’s General Electricity and Water Corporation (Kahramaa) to build the world’s largest reinforced concrete reservoirs in the country. A subsidiary of global contractor Leighton Holdings, HLG said the reservoirs will have...
Arabtec’s $36bn Egypt Project deal
Arabtec has agreed terms with Egypt’s Ministry of Housing for the first phase of a $36.70 billion plan to construct one million homes across the country, they said last week. They will sign a contract with the ministry “at the earliest opportunity” for this first phase, according to a statement to Dubai’s bourse. This will...
UAE firm scoops Afghan Defense University contract
MVL has secured the contract for Phase 3 of the Afghan Defense University. The UAE-based defence contractor will be the second firm to take on this phase of the project, following an unsuccessful initial attempt by a rival outfit. Phase 3 of the university build has been valued at approximately $80m, and is expected...
Fugro wins Total Congo contract
Fugro has been awarded a five-year contract with an estimated value of US$100 million by Total E&P Congo. The agreement is for ROV services and remote subsea tooling in the Moho Nord field, situated around 75 kilometres off the coast of Pointe Noire in the Republic of Congo. Fugro will supply four 200hp FCV 3000...
Louis Berger lands $100m Madinah transport deal
US-based consultancy Louis Berger has picked up a $100m contract from Al Madinah Al Munawwarah Development Authority (MMDA) to programme manage the city’s new Public Transportation Programme (MPTP). The plan for Saudi Arabia’s second-holiest city, which includes a new metro and bus network, as well as new roads and substantial upgrades to the existing...