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Investor Relations
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FinancialNews
03-03-18
Petroleum Development Oman grants EPC deal to Al Hassan
(MENAFN) Petroleum Development Oman (PDO) has granted a major engineering, procurement and construction (EPC) agreement to Al Hassan Engineering Company.
The contract is said to have been presented to the company based on one of its successful projects in Oman.
EPC services are to be offered by the company, under the terms of the contract, for a worth of USD45.6 million for the Haima west combined cycle power project of PDO.
The Muscat Securities Market (MSM) has received a statement from Al Hassan Engineering revealing the project to be anticipated for conclusion in 2021.
MENAFN0303201800450000ID1096540882
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