UAE’s Arabtec wins $253m of Saudi oil and gas work

Seven contracts agreed through its subsidiary, Target Engineering Construction Company.

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UAE-based builder Arabtec said a wholly owned subsidiary had won Dh930 million of contracts in Saudi Arabia’s oil and gas industry.

The projects include upgrading liquefied gas and refinery facilities for national oil firm Saudi Aramco, Arabtec said in a statement on Sunday.

It added that its subsidiary, Target Engineering Construction Company, will “improve the quality of the liquified gas station for Saudi Aramco in both Shadqam and Al Othmania”.

A further contract involves improving the system of the liquified petroleum drain at the main oil refinery in Abqiq, while another contract has been signed for the expansion of liquified gas facilities at the Yanbu refinery.

In total, seven contracts were agreed.

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