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Mustang Al-Hejailan group wins Aramco deal

Houston, March 3, 2011

A bidding group led by Mustang Al-Hejailan Engineering, a Wood Group company, has won a general engineering services (GES) contract from Saudi Aramco.

The contract establishes a long-term framework for the supply of engineering, procurement and construction management services to support the execution of onshore and offshore oil and gas projects within Saudi Arabia, said a statement.

The duration of the contract is five years, plus three one-year extension options.
      
The release of work under the contract is contingent on Mustang Al-Hejailan Engineering finalising agreements to combine with two well-respected Saudi-owned engineering businesses -- Dar E&C, which will be the second largest participant in the bidding group, and PI-Consult. Further details will be announced once the terms of the transactions have been finalized, it said.

The intention is that the resources of Mustang Al-Hejailan Engineering, Dar E&C and PI-Consult will be combined to create a leading in-Kingdom engineering and project management services provider. Mustang will continue to lead the
company, the statement said.
      
'We are delighted with this award and pleased to have been given the opportunity to strengthen our partnership with Saudi Aramco as one of their preferred providers,” said Steve Knowles, president of Mustang. “We are excited to work with Saudi Aramco to deliver the challenging projects they have scheduled, both on- and offshore, over the coming years.'
      
 Faisal Al-Hejailan, president of Mustang Al-Hejailan Engineering added: “Saudi Arabia is the world’s largest producer and exporter of oil and we look foward to working closely with Saudi Aramco, one of the world’s leading oil companies, to help maximize the region’s market potential. We recently moved to a much larger office facility and are upgrading our systems to better meet the market demands and develop a strong, local engineering capability in the region.”

Mustang Al-Hejailan Engineering, 55 per cent owned by Mustang, is located in Al Khobar and is a fully registered company in the kingdom. - TradeArabia News Service
 




Tags: Saudi Arabia | aramco | oil and gas | Wood | Mustang Al-Hejailan |

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