Al Shafar General Contracting Co. announced that its existing projects with Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Gas Development Company Ltd (Al Hosn Gas) are on track for completion by 2016.
These projects, awarded in 2014, include a $42.5mn (AED156m) project with ADNOC to build a 206-room guest house and supporting facilities in Al Ruwais and a $44.6mn (AED164m) contract with Al Hosn Gas to construct a compound and residential accommodation complex in Qusahwira.
“In line with our diversification strategy, we are capitalising on sector opportunities across the region and are continuing to broaden our business as we move our construction expertise into residential and hospitality components of the oil and gas sector,” Bishoy Azmy, CEO of Al Shafar General Contracting Co, said
“I am pleased to confirm that our projects with ADNOC and Al Hosn Gas are well underway and scheduled to be completed next year.
“These projects will provide good reference sites for our business as we continue our growth momentum.”
