Enppi awards $133mn contract to Heisco for Aramco project
The oil and gas project is expected to be complete in 28-months, the project’s main contractor said
Heavy Engineering Industries & Shipbuilding Company (Heisco) said that its Saudi-based unit has secured a US $133mn contract to provide main civil and mechanical construction works for a major project for Saudi oil firm Aramco.
The contract was awarded by Engineering for the Petroleum and Process Industries (Enppi), the main contractor of the overall project. The entire project work will be completed within a 28-month period, it stated.
In its filing to Boursa Kuwait, the Kuwait headquartered firm said the project is related to the installation of C3/C4 refrigeration units and storage tanks at Juymah in the Saudi industrial city of Ras Tanura.
A major engineering, procurement and construction (EPC) contracting company based in Kuwait, Heisco caters to a diversified range of businesses, including oil and gas, petrochemicals, power, pressure equipment manufacturing, shipbuilding and repair, dredging and marine construction, civil construction and maintenance as well as other industrial services including heavy industry projects.
