KCPC wins Kuwait construction contract
Kuwait Company for Process Plant Construction and Contracting (KCPC) has signed a contract with Equate Petrochemical Company for the construction of the latter’s headquarters building. Under the agreement, KCPC will be the main contractor that is responsible for implementing the building at Al Ahmadi city, Kuwait, said a report in Alanba website. The total value...
Bouygues EPC Gibraltar win
The contract covers the design, construction and equipment supply of the power station in Gibraltar. This will generate 80MW of electricity and carry out heat recovery. The contract also includes operation and maintenance of the plant for a year. Bouygues Energies & Services will provide a turnkey service under the engineering, procurement and construction (EPC)...
Amec Foster Wheeler Oman Contract
Front end engineering design for Ras Markaz Crude Oil Terminal One of the largest oil storage facilities of its type Amec Foster Wheeler announces today the award of a contract by the Oman Tank Terminal Company (OTTCO) for the front-end engineering design of the Ras Markaz Crude Oil Park Project in Oman. The value...
CMC wins key Beirut water project
Italy’s CMC di Ravenna has won a €165 million ($191 million) contract for the construction of 24-km-long tunnel and transfer lines for smooth water supply in Beirut. The project, which involves works for the excavation of tunnels and water transfer in Beirut, was awarded by the Council for Development and Reconstruction, Beirut (Lebanon). It will...
Hochtief JV wins HK metro contract
JV led by Leighton Asia, a Hochtief subsidiary has bagged an AU$929m (£504m) contract with Hong Kong’s MTR Corporation for work on the Shatin to Central Link. Leighton Asia has a 51% share in the joint venture with China State Construction Engineering (Hong Kong). Leighton Holdings executive chairman and chief executive officer Marcelino Fernández Verdes...
Italy’s Drillmec win Rig Projects
Italy’s Drillmec has won orders to supply rigs for projects in Algeria and Saudi Arabia. The company, which is part of the Trevi Group, has signed an agreement for the supply of two rigs of 2000hp AC HSL (Hydraulic Swing Lift) with one of the largest drilling contractors operating in Saudi Arabia. The Saudi company...
Alstom awarded Egyptian rail deal
Alstom has said it’s been awarded a contract worth €100 million from Egyptian National Railways for the Beni Suef-Asyut line to supply signalling equipment The contract also includes maintenance of the 240-km-long Beni Suef-Asyut railway line for five years, said a statement from the French company. Delivery will start in 2016 and the system is...
ExxonMobil PNG expands LNG facility
ExxonMobil PNG, operator of the PNG LNG project, and the government of Papua New Guinea have reached an agreement to supply up to 20 million cubic feet a day of domestic natural gas. The agreement will see PNG LNG facility supply gas for 20 years to support government plans to improve the capacity and reliability...
Acacia Mining eyes projects in W. Africa
UK’s gold mining company Acacia Mining is set to expand in West Africa by acquiring gold mines and exploration projects in Senegal, Mali and Ghana. Acacia Mining, which has three mines and exploration assets located in Tanzania, also has exploration assets in Kenya in East Africa, and Burkina Faso in West Africa. Acacia Mining CEO...
Barents Sea Oil to drill or not
Barents Sea Oil – drilling could be a financial disaster. “Investing in infrastructure to facilitate for fossil fuel exploration in the Barents Sea will double your trouble,” said industrialist and investor Jens Ulltveit-Moe during the armchair discussion opening this year’s Arctic Frontiers conference. He points to the fact that investments will not only be a waste of...
Kier secures £145m projects in Mid-East
Kier Group has landed over £145m of new construction contracts in the Middle East since the start of 2015. In Dubai, it has been named preferred bidder for a £100m mixed-use development and two infrastructure contracts totalling £15m as part of a major new leisure park project. In Saudi Arabia, Kier has won a £30m infrastructure...
Beach development $338m for Jeddah
Authorities in Saudi Arabia have announced plans to develop a coastal area of Jeddah city at a cost of SR1.27 billion ($338 million) and turn it into an entertainment bay for residents and visitors, said a report. There will be beaches, entertainment activities, open theatres, playgrounds and pedestrian walkways, reported the Saudi Gazette citing the...