Arabtec Holding announced that its subsidiary, Target Engineering Construction, has won a contract worth 403.8 million dirhams from Abu Dhabi Company for Onshore Petroleum Operations Ltd. (ADNOC Onshore). < / p>
Arabtec said in a statement to the Dubai Financial Market today, Sunday, that the 20-month contract includes the design, supply and construction of facilities for receiving crude oil at the Jabal Dhanna terminal in Abu Dhabi, from In order to import untreated crude oil from the upper Zakum field and transport it to the Western Ruwais Refinery for processing.
last April, Arabtec announced that the target had won two contracts worth 210 million dirhams in the Emirate of Abu Dhabi, explaining that its subsidiary had won a contract worth 84 million dirhams from ADNOC Marine To carry out engineering, procurement, construction and operation works related to replacing the existing trap gas streams and impurities.
Arabtec incurred losses of 794 million dirhams during the first half of 2020, compared to profits of 58 million dirhams during the same period last year.
(Amazon Fun Knowledge)
