RELATED ARTICLES: Abu Dhabi’s Senaat plans $600mn investment in industry | Arabtec and Samsung form JV for oil and gas | Concord and Fujairah oil storage terminal to be ready by 2014 Abu Dhabi Gas Industries (GASCO) has awarded a $6.75 million EPC contract to Al Hassan Engineering Co Abu Dhabi, it has been announced. Controlled by Al Hassan Engineering Co with a 49% stake, the company announced the deal on the Muscat Securities Market last Wednesday. The contract for engineering, procurement and construction (EPC) work on the Ruwais surge drum protection and battery limit ESD valves at Trains 1 and 2 in Abu Dhabi is expected to be completed by May 2015, the company said. “We expect reasonable income from this project”, Al Hassan said in a statement to the bourse. Al Hassan was recently awarded a $1.8mn sub-contract by Siemens in Abu Dhabi which included civil and associated building works for Mirfa, Abu Dhabi’s new 400/220/33kV substation, the report added.
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