Top 10 GCC contract wins - November 2016
Construction Week takes a count of the top construction contracts awarded in the GCC in the month of November
1. Shapoorji Pallonji appointed as main contractor for Dubai's Cayan Cantara
Shapoorji Pallonji International has been picked as main contractor for Dubai's Cayan Cantara development, a twin-tower project comprising residential and hospitality components.
Site excavation works have been completed, and construction work on the project is due to commence shortly.
Up to 60% of the project's residential units have been sold already, with the overall development expected to comprise 700 units ranging from studios to three-bedroom apartments and penthouses.
Additional amenities offering retail, leisure, and food and beverage services will also be developed.
The $272.2m (AED1bn) project is a joint venture between Cayan Group and Shuaa Capital.
One of its two towers is 38 floors high, while the other comprises 42 storeys.
2. Saudi Aramco awards Saipem $1bn E&C contracts
Italian oil and gas contractor, Saipem has been awarded new contracts and change orders in the E&C offshore segment by Saudi Aramco for $1bn (SAR3.75bn).
In particular, the most significant are the notification of award by Saudi Aramco of two EPIC contracts (engineering, procurement, installation, construction), under the long term agreement in force and renewed in 2015 until 2021 for activities in the country.
These two contracts refer to, respectively, the development of fields in Marjan, Zuluf and Safaniya located in the Arabian Gulf, which are among the most important offshore fields in the region.
These contracts include the design, engineering, procurement, construction, installation and implementation of subsea systems in addition to the laying of pipelines, subsea cables and umbilicals, platform decks and jackets.
3. Qatar: GE wins seven substation contracts from L&T
GE Energy Connections said one of its units has won a contract from India-based Larsen & Toubro (L&T) to support seven 66/11kV substations at Lusail City mega-development in Doha, Qatar.
GE's Grid Solutions business will be providing both the main relays marking the exclusive provision of all protection equipment for the substations.
In addition, more than 400 protection panels and the full DS Agile substation automation system for the seven substations are provided by Grid Solutions.
These substations, protected and automated by GE, are located in Qetafian Island South, West1, West2, Wadi1, Wadi2, North and Marina. The panels are scheduled for supply by April next year and all the seven substations will be energised by the end of 2017.
4. Becon Construction bags Bloom Heights enabling contract
Bloom Properties has appointed Becon Construction to execute the enabling works at Bloom Heights, a mixed-use project in Jumeirah Village Circle (JVC) in Dubai.
The developer has begun enabling works on the project, which is scheduled for completion in February 2017.
Bloom Heights will comprise two high-rise towers linked internally across four podium levels.
The project will offer 686 residential units ranging from studio, one-, two- and three-bedroom apartments.
5. HLG Contracting bags Al Mutahidah Towers construction contract
Habtoor Leighton Group (HLG) Contracting has been awarded a contract worth $159m (QAR580m) for the construction of Al Mutahidah Towers by United Development Company (UDC).
The contractor will be responsible for the construction of twin 25-storey residential towers consisting of 480 apartments, two parking levels, ground floor entrance lobby, and amenities areas with the gross floor area of 160,500m2.
The scope of works includes the structural, architectural finishes, and mechanical, electrical and plumbing (MEP) works, and landscaping.
6. Serco ME nabs six-year Dubai Airports FM contract
Serco Middle East has been awarded a six-year contract to deliver facilities management (FM) services for Dubai Airports.
The deal covers key assets that are part of the Dubai International Airport.
FM services for the airport's Terminal 1 and Terminal 2, as well as its cargo and ancillary buildings will be provided by Serco.
Serco's latest win in the city follows an extension it was awarded on an operation and maintenance (O&M) contract for the Downtown Dubai Trolley System by Emaar Properties in October.
7. Dutch Foundation bags $8m contract for Aldar's Mayan
Abu Dhabi-based developer Aldar Properties has awarded the early works contract for the first phase of Mayan, a luxury residential development located on Yas Island, to Dutch Foundation & Concrete Rehabilitation Company WLL.
The $8m (AED30m) contract provides for shoring, piling, and earthworks for Mayan’s 512 luxury apartments, spread across five buildings.
The Abu Dhabi-based full-service engineering foundation contractor has been appointed to carry out the work over a five month period with commencement effective immediately.
Situated on Yas Island, Mayan offers studios, one-, two-, three-, and four-bedroom apartments, as well as a select number of golf course homes and beach-front villas.
8. Posco E&C bags $900m construction contract in Saudi Arabia
Posco Engineering & Construction Co has bagged a construction contract for a hotel project in Saudi Arabia.
The construction arm of global steelmaker Posco, said that its joint venture in Saudi Arabia has won a $900m (SAR3.3bn) project to build a hotel in the country, according to Yonhap News Agency.
The deal was signed by Pecsa, a joint venture between Posco E&C and Saudi's Public Investment Fund.
Under the deal, signed on 9 October 2016, the joint firm will build five four-star hotel towers with a combined total of 3,070 rooms by February 2019.
9. HBK-CRCC JV to build Qatar's Lusail stadium
The Supreme Committee for Delivery & Legacy (SC) announced the main contractor of Lusail Stadium, with Qatari company HBK Contracting (HBK) and China Railway Construction Corporation Limited (CRCC) as a joint venture (JV).
Designed by British architectural firm Foster + Partners, the schematic design of the 80,000-seat stadium was completed earlier this year.
“The awarding of this contract represents another important project milestone and comes at a significant time as Qatar and the SC have just passed the six years to go anniversary and reach the halfway point in our 2022 FIFA World Cup journey,” said SC secretary general, Hassan al-Thawadi.
The 80,000-seater Lusail stadium - the largest of the planned eight stadia - in Lusail City, 20km north of Doha, is scheduled for completion by 2020 and will host the opening and final matches of the 2022 FIFA World Cup in a little over six years’ time.
10. Spanish consortium to ink $7bn Haramain Saudi deal
A consortium comprising 12 Spanish firms is preparing to ink agreements with Saudi Arabian officials for the development of the high-speed Haramain High Speed Rail link between Mecca and Madina.
The value of the construction and maintenance contract for Haramain Rail is worth $7.11bn (SAR26.6bn).
Following "a series of delays and setbacks", a preliminary deal has been reached between Saudi officials and the Al Shoula consortium that includes Spanish companies such as OHL and Indra, and two firms from the kingdom, Arabian Business reported.
The consortium had reporteldy "become embroiled in a dispute over payments with the Saudi government".