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RELATED ARTICLES: Mohammad Al Mojil to buy Gulf Elite for $12.26m | Mohammad Al Mojil wins $169.5m Aramco deals | Tapping the oil
Mohammad Al Mojil, the civil construction company, said it has been awarded a $198.9m (SAR 746.2m) contract by Saudi Aramco for construction work on the Wasit gas field, its fifth award from the oil giant this year.
The contractor, which has a specialism in the energy industry, is to work with Korea’s SK Engineering & Construction on the project. The scope of work includes mechanical and electrical work, civil engineering and the supply of materials over three years, according to an investor statement this morning.
It is the latest contract won by Al Mojil this year for the Wasit gas site, having been awarded a $58.66m (SAR 220m) contract by Aramco in March to design, build and install a gas plant. Last month it announced it would provide buildings and installations at the site in two separate contracts worth a combined $169.5m (SAR636m). A company spokesperson declined to give further details, citing confidentiality with Aramco.
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It has also been mandated to provide equipment and the installations in the Yanbu Refinery Complex, a $216m (SAR 810m), three-year contract.
The contractor, based in Dammam, is the only engineering licensed to perform live welding on rigs, but is attempting to strengthen its service offering in the utilities sector and MEP through acquisitions.
Earlier this year it bought a 20% stake in Saudi Massadr, a water project management firm, and last month the company acquired Gulf Elite General Contracting, an MEP and infrastructure contractor, for $12.26m (SAR 46m).
SK Engineering & Construction has been buiding up a strong backlog of work from the Gulf in the last three years, including a contract with Aramco for EPC work on its planned Yanbu Refinery.
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