Infrastructure

Carillion JV wins $125.3m deal for BP Oman gas project

Carillion Alawi to build accommodation and operational base for BP at Khazzan gas field

PHOTO: Work on the project is expected to start in September this year, and is scheduled for completion in mid-2017. (File photo) Credit: Shutterstock

Carillion’s joint venture in Oman has won a £80 million ($125.3m) contract from British Petroleum (BP) to build an accommodation complex and operational base for its Khazzan gas project.

The contract awarded to Carillion Alawi involves the construction of accommodation facilities for 250 personnel, as well as an operational base and other infrastructure buildings in the Khazzan gas field, located approximately 350km south-west of Muscat.

Work on the project is expected to start in September this year, and is scheduled for completion in mid-2017, the UK construction firm said in a statement.

“We are delighted to have been selected by BP for this important contract, and we look forward to working with BP in Oman,” said Carillion chief executive Richard Howson.

Carillion, which reported a profit of £142.6 million ($223.5m) on revenues of £4.1 billion ($6.4b) last year, said in a separate statement that it expects revenue of its Middle East construction-services division in the first half of 2015 “to increase substantially” compared with the same period in 2014.

Apart from Carillion Alawi, the UK builder’s other joint ventures in the Middle East include Al-Futtaim Carillion (active in Dubai, Abu Dhabi and Egypt) and another with the Qatar Building Company.

Al-Futtaim Carillion in February secured two contracts from Meraas at a combined value of $595m. One was a mixed-use development on the Dubai Creek waterfront, the other for the construction of La Mer in Jumeirah, a mixture of retail and public facility buildings.

0 0 vote
Article Rating

Comments

Most Popular

To Top