Gas Arabian Services Co has been awarded a significant contract by Riyadh-headquartered Saudi Arabian Mining Co (Ma’aden) to undertake the upgrading of Aramco’s gas metering station
The value of this engineering, procurement, and construction (EPC) contract stands at US$10.3mn (SAR 38.65 million), exclusive of any value-added tax (VAT), as per the disclosure made by the company in the bourse.
The agreement for this substantial project was officially awarded and signed on 25 June 2023, and Gas Arabian Services revealed that it is scheduled to span a period of 21 months to ensure seamless completion of the upgrade. With such an extensive duration, the company has ample time to carry out the necessary enhancements to meet the project's requirements and specifications.
In March 2023, the company was awarded a notable US$13.5mn EPC contract for a different project. This continued success in securing significant contracts further solidifies Gas Arabian Services' position as a reliable and sought-after partner for major industrial projects in the region.
With these recent achievements and their growing portfolio of high-profile projects, Gas Arabian Services Co is reinforcing its reputation as a leading player in the engineering and construction domain. As they continue to undertake such critical projects, the company is making a valuable contribution to the industrial landscape in Saudi Arabia and beyond, supporting the growth and development of key sectors in the region.
