Oct 22 | 2019
Upgrade of Water Disposal Facility
Industrial contractor Target Engineering is to develop new infrastructure for the upgrade of water disposal facility in in the Eastern Province of Saudi Arabia.
The contract was awarded by Saudi oil firm Aramco and valued at U$74.6 million, with significant breakbulk transport forecast throughout the duration of construction. Terms cover all engineering, procurement and construction activity for the upgrade of the existing water disposal facility at the Qatif gas oil separation plant.
“We are pleased that Target has been awarded another project in the Kingdom of Saudi Arabia, strengthening our longstanding relationship with Saudi Aramco,” said Peter Pollard, CEO of Arabtec.
Ju'aymah Pipeline
Scope of work for the EPC contract will include installation of a water oil separation vessel, water injection pumps, water disposal pumps, low-pressure degassing tank water draw-off pumps.
“This award adds to our pipeline of projects in the industrial infrastructure sector, consistent with our strategic priority to diversify our backlog,” Pollard added.
Target Engineering will also deliver and install a pipeline to transfer unpurified water from Ju'aymah Terminal to the Qatif gas oil separation plant.
Bu Hasa
A wholly owned subsidiary of Emirati construction services firm Arabtec Holding, Target has been expanding its portfolio in the region and in June secured a contract for construction and expansion works at the Bu Hasa Integrated Field Development Project.
The firm is also considering a merger with Dhabi-based Trojan Holding and has commenced a review to study the feasibliyt of combining their construction businesses.
"In the event an agreement is reached between ... following the technical, financial and legal reviews, it is intended that a contract will be signed for this purpose detailing the terms and applicable procedure for such combination which made lead to a merger between the two companies", Arabtec said in a statement.
The contract was awarded by Saudi oil firm Aramco and valued at U$74.6 million, with significant breakbulk transport forecast throughout the duration of construction. Terms cover all engineering, procurement and construction activity for the upgrade of the existing water disposal facility at the Qatif gas oil separation plant.
“We are pleased that Target has been awarded another project in the Kingdom of Saudi Arabia, strengthening our longstanding relationship with Saudi Aramco,” said Peter Pollard, CEO of Arabtec.
Ju'aymah Pipeline
Scope of work for the EPC contract will include installation of a water oil separation vessel, water injection pumps, water disposal pumps, low-pressure degassing tank water draw-off pumps.
“This award adds to our pipeline of projects in the industrial infrastructure sector, consistent with our strategic priority to diversify our backlog,” Pollard added.
Target Engineering will also deliver and install a pipeline to transfer unpurified water from Ju'aymah Terminal to the Qatif gas oil separation plant.
Bu Hasa
A wholly owned subsidiary of Emirati construction services firm Arabtec Holding, Target has been expanding its portfolio in the region and in June secured a contract for construction and expansion works at the Bu Hasa Integrated Field Development Project.
The firm is also considering a merger with Dhabi-based Trojan Holding and has commenced a review to study the feasibliyt of combining their construction businesses.
"In the event an agreement is reached between ... following the technical, financial and legal reviews, it is intended that a contract will be signed for this purpose detailing the terms and applicable procedure for such combination which made lead to a merger between the two companies", Arabtec said in a statement.
