Eversendai fabrication yard in Ras Al Khaimah, Dubai, UAE
KUALA LUMPUR: Eversendai Corp Bhd
unit Eversendai Offshore RMC FZE in the United Arab Emirates has secured a major offshore fabrication project for Saudi Aramco.
This makes Eversendai the first Malaysian company to be working on a Saudi Aramco offshore fabrication project, it said.
"Eversendai Offshore expects this to be the first of many more projects to come its way from Saudi Aramco which is projected to invest more than US$300bil over the next 10 years."
Eversendai Offshore was recently certified with the Saudi Aramco 9com certification, which prequalifies its Ras Al Khaimah fabrication yard in the UAE to execute Saudi Aramco projects.
“As the number of fabrication yards in the Middle East with Saudi Aramco certification is limited, Eversendai has a high potential in increasing their bid conversion rate bidding through the Long-Term Agreement (LTA) Engineering Procurement and Construction (EPC) 2 contractors or through Saudi Aramco itself directly” said Narish Nathan, CEO of Eversendai Offshore.
The group also announced RM180mil in new project wins, which include 13 gantry structures project in Doha; a mixed-use development project which comprises of commercial, retail cultural and entertainment areas in Doha; a bank headquarters building in Dubai; as well as jackets for Saipem in the Kingdom of Saudi Arabia.
With the Saudi Aramco 3 project, Eversendai has brought its total project wins for the year so far to RM1.56bil, while its order book stands at approximately RM2.3bil.
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