Saturday 19 April 2014

Arabtec group inks $2.9bn Abu Dhabi airport deal

A consortium of Arabtec Holding that includes Greek and Turkish firms on Wednesday won a Dh10.8 billion ($2.94 billion) contract from the Abu Dhabi government to build a mid-field terminal at the cash-rich emirate's airport. The contra


Adnoc awards $700m deal for Shah project

Abu Dhabi National Oil Company (Adnoc) has granted contracts worth a total of $700 million to two companies to develop parts of its $10-billion Shah gas project, local Al-Bayan newspaper reported on Thursday. One of the companies, Athens-b


Oman airport work delayed; to cost $500m more

The extension of Oman's main airport in Muscat will be delayed by two years and may cost the state up to an extra $500 million after runway excavations hit seawater, a government official said on Wednesday.    'The


Fire kills 6 at work camp near Saudi oilfield

Six people were killed in a fire on Sunday at a workers camp near a plant being built to process gas from the Khursaniyah oilfield in Saudi Arabia, a source at Consolidated Contractors International Co said on Wednesday. The fire had no im


CCC, TAV win $1.2bn Muscat airport deal

A joint venture of Turkey's TAV and Athens-based Consolidated Contractors Co (CCC) has won a 450 million rial ($1.17 billion) contract to expand the main airport in Muscat, Oman, an executive said on Tuesday. 'We've won the con


CCC wins Oman's Omagine project

Consolidated Contractors Company Oman (CCC) has been selected as the general contractor for Oman’s Omagine project. CCC, the Omani subsidiary of Consolidated Contractors Group SAL, will be responsible for all construction activities for th

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