Target Engineering Construction Company, a subsidiary of Arabtec Holding, UAE announced in a statement that, it has secured multiple contracts from United Arab Emirates.
The total value of the signed contracts is AED 210 million (1 AED = 0.272294 USD).
ADNOC Offshore Contract:
A contract awarded by ADNOC Offshore to carry out the engineering, procurement, construction and commissioning (EPCC) works for the replacement of existing Slug Catchers, static equipment used in the upstream oil production facilities to minimise the slug from oil and gas pipelines
The value of the order is AED 84 million.
The project location is at the Satah Plant on Zirku Island, Abu Dhabi.
The contract works will commence immediately for a duration of 22 months. This award is line with the Group’s strategic priority to diversify its backlog into different sectors, including the industrial sector.
Construction of Sunset Square:
Target Engineering has also been awarded a contract for the construction of Sunset Square, Abu Dhabi.
The value of the order is AED 126 million.
Target’s scope of work includes the construction of a nineteen-storey commercial building.
The total built up area of the project is approximately 27,000 square metres. Project works are expected to commence shortly for a duration of 30 months.
Read Also: Target Engineering Awarded $74.6 million EPC Contract by Saudi Aramco
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