ABU DHABI: Target Engineering Construction Company, the wholly owned subsidiary of Arabtec Holding, has been awarded an approximately $110 million (AED 403.76 million), 20-month contract by Abu Dhabi Company for Onshore Petroleum Operations LTD (ADNOC ONSHORE).
The work is for ‘detail engineering, procurement and construction’ of the crude receiving facilities at Jebel Dhanna Terminal (JDT) in Abu Dhabi, UAE to import Upper Zakum and Non-System Crude and transfer it to the Ruwais Refinery West (RRW).
Arabtec’s Group Chief Executive Officer, Wail Farsakh, said that the new project is in line with the company strategy. “This important award further builds the Group’s presence in the oil & gas sector,” Farsakh added..