United Arab Emirates-based Arab Technical Construction Company (Arabtec) said a wholly owned subsidiary had won $253mn of contracts in Saudi Arabia’s oil and gas industry, Reuters has reported.
The projects include upgrading liquefied gas and refinery facilities for Saudi Aramco, the company said in a statement on Sunday.
In January this year, Target Engineering, subsidiary of Arabtec, was awarded two contracts worth $152mn by Abu Dhabi National Oil Company (Adnoc).
The work is scheduled for completion February next year. One of the projects is for the expansion of a housing complex in Ruwais, and the other is for the construction of management building and a civil defence station in the Shah gas field.
Arabtec is a leading construction company in the UAE, which specialises in engineering, procurement and construction in the oil and gas industry.
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