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FINANCIAL NEWS
Qatar’s Pearl signs USD329m contracts with five providers
16 Jun 2014
(MENAFN) Pearl GTL, a joint venture of Qatar Petroleum and Shell, said it has recently signed service agreements with five contractors worth USD329 million to provide Pearl”s plant with maintenance services, according to the Peninsula Qatar.
Under the agreement, Madina and AMEC-Blackcat will be responsible for mechanical maintenance services, while electrical and instrument maintenance services will be provided by Kentech; and scaffolding, painting and insulation services will be provided by Hertel and Cape East.
Wael Sawan, Managing Director and Chairman of Qatar Shell Companies, said, “Through a careful tendering process that began last year, we believe we have partnered with quality firms that will provide important capabilities to help us keep the Pearl GTL plant running safely, successfully and efficiently. These companies stood out for their safety performance, the quality of their personnel and their record of reliable delivery.”
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