Saudi: Gas Arabian secures $159mn EPC contract for two projects
- Date: 05-Mar-2024
- Source: Construction Week
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi: Gas Arabian secures $159mn EPC contract for two projects
Gas Arabian Services Company has been awarded an engineering, procurement and construction (EPC) services contract worth $159.3 million (SAR598 million) from Saudi Power Procurement Company for two gas pipelines projects in Saudi Arabia.
The first contract is for a gas pipeline project in the Taiba region and is worth $68.2 million (SAR256.1 million). The second contract is worth nearly $91.2 million (SAR342 million) and is for the Qassim gas pipeline project.
Gas Arabian disclosed the deal in a filing to the Saudi bourse Tadawul this week, stating the entire project will be completed within 22 months. Saudi: Gas Arabian secures $159mn EPC contract for two projects
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