ENGINEERING and project management service provider Mustang has completed the final arrangements to merge the two recently acquired Saudi Arabian engineering businesses, Dar Al Riyadh Engineering and Construction (Dar E&C) and Petro-Infrastructure Engineering Consultants (PI-Consult) with one of its previous acquisition Al Hejailan Consultants. The three companies have been merged to form a new entity called Mustang Al Hejailan Dar PI (Mustang-HDP).
In an interview with the OGN, Luke Newcomb, executive vice president and general manager of Mustang Al-Hejailan Dar PI, says the new entity unites nearly 500 people into a synergistic company providing additional training and employment for Saudi nationals while transforming into a leading in-Kingdom engineering and project management service provider. Mustang is headquartered in Aberdeen, Scotland. With $5.5 billion in revenue, it has 35,000 employees worldwide and operates in 50countries around the globe. It is traded on the London Stock Exchange.
“Mustang-HDP is in the final stages of completing the registration process to initiate work under a five-year general engineering services contract awarded by Saudi Aramco as part of its general engineering services (GES+) initiative,” says Newcomb. “This contract, with three optional one-year extensions, affords Mustang-HDP the opportunity to provide front-end engineering, procurement and project management services to Saudi Aramco and Saudi Aramco JV companies servicing the industrial, pipeline, automation security and telecom, and hydrocarbon upstream and downstream projects,” he adds.
Mustang-HDP employs 455 people and maintains its principal operations in Al-Khobar where the company occupies a large 10,000 sq m office facility with the latest engineering systems, resources and knowledge base to support technical excellence on its projects.
According to Newcomb, the formation of Mustang-HDP is the first, but a major step, in developing a Saudi company providing high-end engineering, design and project management services to Saudi Arabia and clients throughout the region and brings new design capabilities to Mustang in security, telecommunications and architecture.
Unveiling the company’s future plans, Newcomb says: “Mustang-HDP will next focus on adopting Mustang’s engineering and project execution knowledge, tools, and systems with the goal of establishing an office of Engineering Excellence serving the Middle-East region. The new company is well positioned to benefit from the growth within the region’s oil and gas industry, especially with the expected new emphasis on offshore development.”
