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FINANCIAL NEWS
Qatar’s Nakilat awarded USD18.95m contract
22 Jul 2014
(MENAFN) Nakilat-Keppel Offshore & Marine (N-KOM) has recently won a USD18.95 million-worth contract to design and construct a floating jetty for Qatar Primary Materials Company (QPMC), according to the Peninsula Qatar.
The contract is expected to be completed in 2015, and will be the first project that N-KOM will be undertaking for QPMC.
N-KOM is a joint venture between Qatar’s premier gas shipper Nakilat and Singapore-based Keppel, a leading offshore rig constructor and ship repairer.
N-KOM works mainly on engineering, procurement, installation and construction (EPIC) of the floating jetty. Once completed, the jetty will have an annual aggregates handling capacity of 7.8 million tons.
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