Drake and Scull Qatar announced on Tuesday that it had been awarded a $34.3m MEP contract at Ras Laffan Industrial City, 70km north of the Qatari capital of Doha.
The contract, for Phase 1 of Qatar Petroleum’s Multipurpose Administration Complex, will see the contractor provide MEP fit outs for the medical centre, office, canteen and central plant for the complex.
“This contract positions us within one of Qatar’s most strategic economic areas. It also sustains our strong performance achieved in 2011 and enables us to demonstrate the efficiency and quality of our services in a broad industrial setting,” said Khaldoun Tabari, CEO of parent company DSI.
The industrial city of Ras Laffan is Qatar’s main site for the production of liquefied natural gas and gas to liquid processing. It is administrated by Qatar Petroleum, the operator of all oil and gas activities in the Gulf country.
All MEP work on the complex is expected to be completed by early August of 2013, DSQ added.
Saleh Muradweij, executive director of Drake and Scull Construction, said that the deal represented a ‘strategic milestone’ in the Qatari market.
“Our civil contracting unit is now operational and has been qualifying for competitive bids across the residential and hospitality industries and we expect the civil business to contribute significantly to the growth of Drake and Scull Qatar in 2012,” he added.
Recently the contractor has completed several major Qatari projects, including a Four Seasons hotel in the West Bay Complex, the QTel headquarters and a district cooling plant for Doha Land’s Musheireb project.
DSI closed 2011 on track to achieving its growth objective for the year through its Civil, MEP and Water and Power subsidiaries, which was reflected in the substantial rise in the overall value of project wins in Oman, Kuwait, Egypt, UAE, Qatar and KSA. In total these project wins amounted to $1.19bn.
Tabari added that the project wins will guarantee steady revenue streams for the company, which in turn allows it to pursue its expansion plans in emerging and developing markets, such as Asia and Africa.
Furthermore, the strong backlog of projects also allows it to contend with volatile market conditions as 2012 unfolds, he said.