Arab Today, arab today uk firm it has won 113m contracts in qatar
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

UK firm: It has won $113m contracts in Qatar

Arab Today, arab today

Arab Today, arab today UK firm: It has won $113m contracts in Qatar

Doha - Arabstoday

UK-based Interserve has said it has won projects in two developments in Qatar worth $113m. Both projects, won through its associate company, Gulf Contracting (GCC), are at Ras Laffan, one for JGC and the other for Nakilat, and result from the country’s ongoing development of the huge natural gas reserves in the North Field, the world’s largest single deposit. The international support services and construction group said in a statement that GCC will construct office and administration buildings and associated infrastructure for JGC and will provide temporary accommodation in two projects.The Barzan facility, being built by JGC and managed by RasGas, is being completed in three phases, the first of which is due to come on stream in 2014. It will process 1.4 billion cubic feet of gas a day which, together with the facility’s other petrochemical products, will be equivalent to a daily output of more than 300,000 barrels of oil.For Nakilat, GCC has been awarded work as part of the continuing development of the dry docks and associated marine support infrastructure for Nakilat’s LNG tanker fleet. This will include sub-structure work and the construction of a substation, a production-support facility and storage. “These projects demonstrate that, for companies which have the necessary experience and local knowledge, Qatar continues to be at the forefront of growth in the Middle East,” said Adrian Ringrose, chief executive of Interserve.“Barzan will be one of the country’s main developments over the coming years, and our involvement at this stage positions us well for future work. And this latest contract with Nakilat represents the continuation of a successful relationship that stretches over several years, and brings the total value of work we shall have undertaken on its behalf to nearly £100m ($162m).” From / Arabian Business News

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