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FINANCIAL NEWS
Qatar awards Bechtel contract for USD5.5b Ras Laffan complex
13 Jul 2013
(MENAFN) US largest construction and engineering firm Bechtel has won a management contract to oversee the design and build of a USD5.5 billion petrochemicals complex at Ras Laffan in Qatar, the Construction Week reported.
Under the contract, Bechtel will provide project management services over the course of the project starting with the front-end engineering design phase.
The major project, to be operational in 2018, will comprise of an ethylene cracker with the feedstock being provided from natural gas projects in the north of the country.
Bechtel has won a contract in April to build the Al Seejal complex, which is a partnership between Qatar Petroleum (QP) and Qatar Petrchomencial Co (QAPCO).
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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