Target Engineering
Target Engineering is a single-source EPC contractor with operations in the UAE, Qatar and Saudi Arabia. It is part of Arabtec Holdings, the largest UAE-based construction group.
Target owns a controlling stake in Italian firm Idrotec, a marine design engineering company that has a worldwide reputation for its specialist marine, hydraulic and environmental designs for the oil, gas and marine sectors.
The company claims to be working on electrical and marine projects for regional NOCs with the total combined value of the contracts amounting to around $1bn. Target is working on a number of electrical projects for Saudi Aramco and, in terms of marine contracts for the oil and gas sector, the company is working on the Ruwais LNG Terminal Project; Project No. 5308 for ADNOC subsidiary GASCO and Excelerate LNG Development, worth $29.99mn; and cleaning and enhancement of NEB main channel and navigation facilities at Al Dabiyah, Abu Dhabi for the Abu Dhabi Company for Onshore Oil Operation (ADCO), another ADNOC subsidiary, worth $7.5mn.
