Saudi Aramco Awards First Major Contract for $5 Billion Maritime Yard in Gulf – gCaptain
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Saudi Aramco has signed the first major contract for Saudi Arabia’s $5.2 billion maritime and shipbuilding complex planned for the Persian Gulf.
The contract was awarded to a consortium of Saudi Archirodon Company Ltd and Huta Hegerfeld AG Saudia Company for dredging, reclamation and marine structures for the King Salman International Complex for Maritime Industries and Services in #Ras_Al-Khair, located just north of Jubail on Saudi Arabia’s east cost.
The scope of the contract includes dredging and reclamation of approximately 37 million cubic meters of fill, in addition to 7.4 million square meters ground improvement. The contract will also provide for constructing 4,500 linear meters of concrete quay walls and wharves, in addition to 12,000 linear meters of rock retaining walls and breakwaters to protect the integrity of the complex, Saudi Aramco said in a press release. Execution of the initial phase of the contract is expected to be completed by 2020.
