Contractors

Egis, a major player in the construction engineering and mobility service sectors, has secured a contract from Qatar’s public works authority Ashghal for the first phase of the Integrated Industrial Wastewater Treatment Works project in Doha.






Dubai-based Kentech Corporate Holdings says it has entered into a definitive agreement to  acquire the oil and gas business of Toronto-listed SNC-Lavalin Group, a global engineering and construction group.






Technip Energies, a major unit of subsea, onshore/offshore projects pioneer TechnipFMC, has announced that its joint venture with leading Japanese contractor Chiyoda Corporation, has secured a major contract from Qatar Petroleum for the onshore facilities of the North Field East Project.






Saipem, a leading engineering, drilling and construction company, said it has been awarded a $1.7-billion contract by Qatargas for the development of the North Field Production project, located offshore Qatar peninsula.






Al Faris, which claims to have the largest fleet of cranes and other heavy equipment in the Middle East, has announced the launch of its operation in Iraq with a brand-new fleet of heavy lifting and heavy haulage equipment and a highly experienced team. “Al Faris has invested in the latest advanced equipment in our fleet.






Bawan scraps plan to merge two subsidiaries Saudi-based Bawan Company, a leading provider of engineering and consulting services, has announced that it has cancelled plans to merge two of its subsidiaries – United Transformers Electric Company and United Technology of Electric Substations and Switchgears Company – following a re-evalua






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