Generation
Posted By OrePulse
Published: 18 Mar, 2025 06:40
HEISCO signs $69mln Saudi Aramco deal
Kuwait’s Heavy Engineering Industries and Ship-building Company (HEISCO) said on Monday it has signed a contract for civil and mechanical work at Saudi Aramco’s Abqaiq oil facilities in Eastern Saudi Arabia.
HEISCO said in a statement on Kuwaiti bourse that the deal has a value of 257.5 million Saudi riyals ($69 million) and was signed with the Engineering for the Petroleum & Process Industries Company (Saudi branch), the main contractor of the project to “debottleneck production facilities” in Abqaiq.
The Company will execute “civil and mechanical package –non early scope” at Abqaiq facilities, HEISCO said, adding that the project would be completed within 865 days.
Related Articles
Parliament Committee says no need to review three ...
10 Sep, 2024 07:57
Zimbabwe’s Biggest Miners Seek $182 Million for So...
12 Sep, 2024 06:57
GreenGo Energy Expands into Namibia with Strategic...
12 Sep, 2024 07:51
OPEC Fund approves $1.2 billion for development pr...
13 Sep, 2024 08:59
Floating solar starts to gather pace in Africa, as...
13 Sep, 2024 13:18
Prominent South African energy company files for l...
16 Sep, 2024 11:00
Libyan Export Decline and Fed Speculation Propel O...
17 Sep, 2024 08:00
South Sudan says it is ready to restart pumping oi...
17 Sep, 2024 13:23
Interest grows in Africa’s oil and gas hotspot...
18 Sep, 2024 10:42
South Africa Sanctions New National Petroleum Comp...
18 Sep, 2024 12:37Trending News
Energy Other
How U.S., Chinese Investment Models Are Reshaping Nigeria's Trade, Energy Sector...
06 Mar, 2026 12:57
118 min read
Energy Other
CESI Boosts Ancillary Services in Gulf Power Systems...
06 Mar, 2026 12:21
117 min read
Mining Other
Dangote Refinery Recommits to Nigeria's Energy Stability Amid Global Oil Market Volatility...
06 Mar, 2026 12:09
121 min read