ABB Wins $100 Million Gas Plant Contract In Oman
Swiss engineering group ABB said on Tuesday that it has won a contract worth more than $100 million (82.7 million euros) to build a gas condensate plant in Oman.
The order was placed in the second quarter by Petroleum Development Oman (PDO), said ABB, which releases its half-year results on Thursday.
The new plant is to be built near the gas fields of Saih Nihayda and be able to handle 4,500 standard cubic meters of gas condensate per day, ABB said.
Gas condensate can be used to make both fuel and plastics.
The site is scheduled for completion by the end of 2014, it added.
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