UAE’s GASCO awards $189M EPC contract to India firm
Abu Dhabi Gas Industries Ltd. (GASCO) has awarded a lump sum turnkey contract worth $189 million to India's Larsen & Toubro Ltd. for the engineering, procurement and construction work on a new gas pipeline, GASCO said in a statement.
August 9, 2011 2:14 by Reuters
The Habshan-Ruwais-Shuweihat gas pipeline will supply natural gas to Abu Dhabi Oil Refining Company’s (Takreer) refinery expansion at Ruwais and to Abu Dhabi Water and Electricity Authority in Shuweihat.
The completion dates for the pipeline project, implemented by GASCO on behalf of Abu Dhabi National Oil Company, is 24 and 26 months for Ruwais and Shuweihat pipelines respectively.
Takreer is planning to more than double the capacity of its Ruwais refinery to 900,000 barrels per day by end-2013.
The contract was awarded to the Indian engineering conglomerate on July 26, the statement said. (Reporting by Humeyra Pamuk; Editing by Amran Abocar)
More on GCC
-
Dubai ruler makes horse doping illegal
-
CEO-elect of UAE’s fraud-hit RAKBANK has quit
-
Saudi Arabia confirms another death from SARS-like virus
-
Prepaid cards available across the UAE
-
Bahrain’s Batelco CEO leaves with immediate effect
-
Arabtec Says Workers End Strike
-
First report by Etisalat covering global footprint
-
Kuwaiti Oil Service Workers On Strike Over Pay – Union
-
Qatar’s Doha Bank May Sell Bonds To Raise Capital – CEO
-
Qatar to announce new energy infrastructure fund
-
Qatar Holding, Italy Fund Eying Versace – Paper
-
Saudi government websites targeted
-
NCoV – First report of patient-to-nurse spread
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
GMR reveals top 50 Mena Corporate Brands
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
Lately on Kipp
-
Dubai ruler makes horse doping illegal
-
CEO-elect of UAE’s fraud-hit RAKBANK has quit
-
Over 90% of passwords vulnerable to hacking
-
‘Renewable energy absolutely necessary’ – Saudi
-
NEC Display Solutions launches Full HD 3D ready compact meeting room projector
-
Saudi Arabia confirms another death from SARS-like virus
