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Al Hassan wins RO7.7mn contract from PDO

23 Aug 2020

Al Hassan Engineering Co has been awarded a contract worth RO7.7mn by Petroleum Development Oman (PDO) for the construction of a power station at QarnAlam.

‘The company has signed the letter of award with PDO for the construction works of the QarnAlamCongeneration Power Project for approximately RO7.7mn. The execution period will be 22 months starting from September 2020,’ Al Hassan Engineering Co said in a disclosure filed to the Muscat Securities Market. The company said that it expects reasonable profit from this project.

In its recently released quarterly report, Al Hassan Engineering Co said that it has submitted bids for a number of new contracts and expects to be awarded during 2020, which will improve the performance going forward.

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