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Al Hassan Wins $10m Deal on Oman Oil Gas Plant

Source: Times of Oman 9/24/2012, Location: Middle East

Al Hassan Engineering Co (AHEC) announced bagging a contract from Hyundai Engineering, South Korea, for the completion of electrical and instrumentation work on the Oman Oil Gas Plant at Musandam. The value of the contract is approximately $10.4 million and the duration is 14 months from the commencement date of September 20.

Al Hassan Engineering Abu Dhabi, which is 49 per cent owned by AHEC, has received a letter of intent for 'piping erection work including scaffolding for package 4 Shah Field Offsite and Utilities in Abu Dhabi. The contract from Samsung Engineering Korea, is for an amount of $8.02 million.

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