Local group Al-Hassan and Tecnicas Reunidas win $106m contract on Zauliyah gas plant
A joint venture led by Al-Hassan Engineering Company has won the engineering, procurement and construction (EPC) contract for the Zauliyah gas plant in Oman, the Muscat-based company said in stock exchange filing.
Project operator Petroleum Development Oman (PDO) awarded a RO40.9m ($106.2m) deal to Al-Hassan and its partner, Spain’s Tecnicas Reunidas (TR), which have respective shares of 70 per cent and 30 per cent in the contract.
Fourteen contractors submitted EPC bids in late May for the scheme, which is designed to process 1.2 million cubic metres a day (cm/d) of raw gas from PDO’s Zauliyah field in west-central Oman. Al-Hassan said the project would take three years to complete after commencement, which is set for 9 October.
In the fourth quarter of 2011, PDO awarded Al-Hassan and TR a $36m EPC contract to develop gas compression facilities at the Zauliyah operations.
PDO is 60 per cent owned by the government of Oman, with 34 per cent owned by UK/Dutch Shell Group, 4 per cent by France’s Total and 2 per cent by Portugal’s Partex.
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