DRAKE & SCULL International (DSI) has secured a construction deal for a mining grade ammonium nitrate facility worth US$39mn in the Ain Sukhna province of Egypt
The company is a giant in the segment of delivering world-class integrated planning, engineering and building. The plant will be completed in April 2014.
The Drake & Scull Water and Power (DSWP) commenced its dedicated regional oil and gas arm in 2010 and the latest deal win of the company is its first project in Egypt s petrochemical segment after starting of its specialized division. The DSWP has inked a strategic JV accord with Egypt s leading general contracting company Hassan Allam Construction to accomplish the project.
According to a DSWP spokesman, the range of work within the project will include general construction and pre-commissioning of civil works, mechanical equipment and building of storage tanks, pipe laying and structural steel fabrication as well as other related construction works.
Egypt Hydrocarbon Corporation will develop and run the petrochemical plant, which has nitric acid and ammonium nitrate division, along with connected infrastructure and facilities such as storage tanks, pipelines as well as other units. After the plant becomes operational in April 2014, it will have the capacity to make mining grade ammonium nitrate of 1,060mn tpd for delivering in the mining and construction industries.
The DSWP MD Mr Tawfiq Abu Soud has said that the deal reflects a premeditated landmark success for the company in Egypt. Since the establishment of our regional oil and gas EPC specialized division in 2010 we have been aggressively engaged in partnering with regional and multinational companies to expand our market reach and optimize our service offering in this sector.
Mr Abu Soud said, Our partnership with a longstanding market leader such as Hassam Allam Construction will allow us to expand in this promising industry whereby our unified multidimensional portfolio and regional expertise will enable us to cover the complete value chain of petrochemical sector.
