DSWP wins $38m Egyptian petchem project
Contract is for a mining-grade ammonium nitrate plant in Ain Sukhna
Drake & Scull Water and Power (DSWP), a subsidiary of Drake & Scull International, has won its first petchem project in North Africa.
The $38.66m construction contract will see DSWP develop a mining-grade ammonium nitrate plant in the Ain Sukhna province of Egypt.
It is the first project for DSWP in Egypt’s petchem industry since the launch of its specialised regional oil and gas division in 2010.
“The contract represents a strategic milestone for the company in Egypt. We have been aggressively engaged in partnering with regional and multinational companies to expand our market reach and optimise our service offering in this sector,” said DSWP MD Tawfiq Abu Soud.
It has entered into a strategic JV with Hassan Allam Construction, one of Egypt’s largest general contracting companies, to carry out the project.
The scope of work includes the complete construction and pre-commissioning of the civil works, mechanical equipment and storage tank erection, piping and structural steel fabrication and erection.
The plant is being developed and operated by Egypt’s Hyrdocarbon Corporation. It comsists of a nitric acid and an ammonium nitrate unit, together with associated infrastructure and facilities, including storage tanks, pipelines and utilities.
Scheduled to be completed in August 2014, the plant will produce 1,060 million tons a day of mining-grade ammonium nitrate for use in the mining and construction industries.
DSWP is currently bidding on a number of projects in the oil and gas industry in the MENA region. This contract brings the total number of DSI projects announced for the year to date in Egypt to $168.2m.