News

In Brief

November 2015

Fluor team wins refinery deal

Fluor Corporation’s JV team has been selected by Kuwait National Petroleum Company (KNPC) as the preferred bidder for two EPC packages of the new Al Zour oil refinery project.

Facilities in the two packages will include a variety of key process units, utilities and infrastructure for the 615,000 bpd refinery.

Fluor booked its $2.6 billion portion of the contract in Q3 2015. It leads the team known as the FDH JV and which comprises Fluor, Daewoo Engineering and Construction and Hyundai Heavy Industries.

 

Lexmark opens Saudi office

Lexmark International, a global technology firm creating enterprise software, hardware and services, has launched a new unit in Saudi Arabia.  

Lexmark Saudi Arabia, based in Riyadh, will provide Lexmark’s world-class customer service to existing customers, while reaching out to new companies to help them better manage their unstructured information challenges with its award-winning managed print services (MPS) and unique software solutions, said the company.

The Saudi operations will be headed by Saeed Alajou, general manager.

 

Al Bayan sells stakes to Agthia

The UAE’s Al Bayan Group has sold 100 per cent of its equity stake in three water businesses in UAE and Oman to Agthia Group, one of UAE’s leading food and beverage companies.

Al Bayan is a diversified business group with interests across the healthcare, F&B retail and engineering industries.

Al Bayan Purification and Potable Water, UAE; Shaklan Plastic Manufacturing Co, UAE, and Al Manal Purification & Bottling of Mineral Water, Oman, were the units sold by Al Bayan.

 

Qatar plans dairy plant

Qatar is planning to build a dairy plant with capacity to produce 20,000 tonnes of milk annually. 

The government has allotted 62,000 sq m of land for the project, besides another 500 hectares for the production of fodder.

The project is likely to reach its full production capacity in three years.

 




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