Al Hassan in $68m deal
Al Hassan Engineering Company will undertake underground piping works worth $68 million for the Sohar refinery project
01 October 2014
AL HASSAN Engineering Company (AHEC), one of Oman’s leading engineering, procurement and construction (EPC) contractors, has won a contract from the Daelim-Petrofac SRIP joint venture to construct and pre-commission civil and underground piping works for the Sohar refinery improvement project (SRIP).
The contract is estimated to be worth $68 million and is expected to be completed by April 2016.
The new project builds on Al Hassan Engineering Company’s significant reference list in the oil, gas and petrochemical sector and is a key milestone of the company’s contracting strategy.
Al Hassan Engineering has already executed projects at the Sohar industrial complex including various construction packages for the Sohar aromatics plant and CMEI of Oman polypropylene plant and a 1,000-MW captive power plant of Sohar Aluminium smelter.
Al Hassan recently won an RO19-million ($49.35 million) contract from Petroleum Development Oman (PDO) for the construction of the Ghaba north redevelopment project.
According to the latest company report, Al Hassan Engineering maintains an order backlog of over RO130 million ($337 million).
AHEC was the first Omani contracting company to be listed on Muscat Securities Market in 1998.
A certified ISO 9001:2008 company, it has successfully executed projects in core sectors such as oil and gas (midstream and downstream segments), power, electricity transmission and distribution, industrial infrastructure, operations and maintenance of oil and gas installations, water and wastewater treatment plants.
“Since its inception, AHEC has had a deep commitment to regional development,” says a spokesman for the company.
“This has led it to accept challenging first-of-a-kind projects such as installing the largest gas and steam turbine combination power plant in Oman, a state-of-the-art substation control system for the largest power transmission and distribution project (linking nine 132/33/11 kV substations) among others.
“Several million of loss time incident (LTI)-free execution man-hours are clocked every year which has been appreciated by clients through numerous awards and citations.
“These attributes have been attracting leading multinational EPC companies to partner AHEC and many of them have executed several prestigious industrial projects successfully in Oman, in partnership with AHEC,” he adds.
Al Hassan Engineering Company is part of Al Hassan Group, one of the leading business groups in Oman established in 1975 and employing more than 5,000 people. The group is structured around 11 operating companies in Oman and the UAE, and is classified under three strategic business units (SBUs) – contracting, manufacturing and trading. Al Hassan Group also has a joint venture with Asian Paints for manufacturing paints under the Berger brand.
