Tag: construction

Energy, Oil & Gas

McDermott lands EPCI contract for key Abu Dhabi gas project

McDermott, a leading provider of engineering and construction solutions to the energy industry, has announced that it has secured a major EPCI contract (in the range of $750 million to $1 billion) from Adnoc for its Nasr-115 Expansion Project, located 130km northwest of Abu Dhabi. ...

Energy, Oil & Gas

Korea Western Power lands contract for $898m Duqm power plant

Korea Western Power has secured a major contract to build and operate a gas-fired combined-cycle power plant being set up at an investment of 1.3 trillion won ($898 million) at Duqm in Oman. Set for 2029 completion, the 877MW facility is being implemented on a BOO model. ...

Energy, Oil & Gas

Saipem announces restart of jack-up rig in Saudi Arabia

Saipem, a global leader in the engineering and construction of major projects for energy and infrastructure sectors, has announced the restart of operations of the jack-up Perro Negro 7 in Saudi Arabia. The rig can operate in waters up to 375 ft deep and drill wells up to 9,100m. ...

Energy, Oil & Gas

Nesma secures $224m Saudi substation contract

Saudi-based Nesma Infrastructure & Technology has secured a SAR840 million ($224 million) contract for the construction of 230/115/34.5kV substation in Jubail. The project scope includes OHTL and associated replacement works. ...