Target Engineering Construction Company (TECC) says the EPC contract win cements its position in the oil and gas sector
Target Engineering Construction Company (TECC) has won a $110m contract from the Abu Dhabi Company for Onshore Petroleum Operations (Adnoc Onshore) for works at the Jebel Dhanna Terminal. The facility is said to be a key Adnoc Onshore asset and is located in Jebel Dhanna, Abu Dhabi.
As per the terms of the 20-month contract, TECC will provide engineering, procurement and construction (EPC) services for crude receiving facilities at the Jebel Dhanna Terminal to import Upper Zakum and non-system crude and transfer it to the Ruwais Refinery West, said Arabtec in its filing to the Dubai bourse.
“We are delighted to continue building our relationship with Adnoc in the UAE. This is in line with our strategy, this important award further builds the group’s presence in the oil and gas sector,” said Arabtec Group CEO, Engineer Wail Farsakh.
TECC is a wholly-owned subsidiary of contractor Arabtec Holding. Late in July, the firm also won a $53.2m contract from Saudi Aramco for the replacement of storage tanks at the Ras Tanura Refinery in the Eastern Province of Saudi Arabia.