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AL HASSAN ENGINEERING
Profits from large deals
 After Raysut Cement, Al Hassan Engineering (AHEC) is one company that has really
moved up the chart. While a factor for its excellent performance has no doubt
been buoyant economic conditions, the company has also focused on streamlining
its operations to provide the required thrust on selected business areas. This
has proved beneficial to the operations and the excellent results are a
reflection of these significant steps.
The year 2006 saw the successful completion of some of the most prestigious
projects executed by AHEC–Oman Polypropylene Project, Shams Condensate
Facilities project, the first 220 kv powerline connection between Oman and UAE,
the Fahud–Lekhwair overhead line project of PDO and the construction and
installation of Qarn Alam Reverse Osmosis Plant of PDO.
Several large-value projects are under execution: The construction works for the
prestigious Qarn Alam and Mukhaizna Power Plant projects for PDO along with
BHEL; mechanical, electrical & instrumentation works for the 1,000 mw captive
power plant for the Sohar Aluminium Smelter; and, civil and structural/
mechanical/ piping works for certain packages of Sohar Aromatics.
The company is well placed to bid for large-value projects, which are expected
to come up in the coming years. The growth in the industrial project sector
would ensure healthy competition and availability of contracts at reasonable
margins in 2007 and beyond. It is also anticipated that 2007 shall see the start
of execution activities from AHEC, Abu Dhabi.
The company had adopted the policy of recruiting and training national manpower.
It has always adhered to the Omanisation laws as well as fulfilling the Omani
content and local community contracting. In recognition of this policy, the firm
has been awarded the Compliance Verification Certificate (CVC) from the Oman
Society for Petroleum Services (OPAL) as also the Green card of the Ministry of
Manpower.
√ Back
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May -
2007 |
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Cover Story |
Oman’s Leading Listed Companies in 2006
Mukhtar Hasan analyses Oman’s
largest listed companies in 2006, based on revenues and other
financial parameters. |
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Other Headlines |
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Surfing on SMEs
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financial horizon after 12 years. Abhijit Sinha checks out CEO Nani
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solution with that product’ |
Enter the chill-out zone
The AC and refrigerating unit market is soaring regionally as well
as globally, with changing customers’ profile and cutting-edge
technologies adding value to the products |
‘Amouage is a roving ambassador for Oman’
One of the most successful Omani brands, Amouage is on the threshold of a major makeover exercise. David Crickmore, CEO, Amouage talks about the new marketing strategy and growth plans in an interview with Akshay Bhatnagar… |
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An Issue Ignored Is A Crisis Invited
In the quest to achieve its strategic
objectives, an entity has to ensure that it has sound issue
management practices in place to meet the expectations of its
stakeholders, externally and internally. OER looks at what issue
management is all about and its growing importance in today’s
increasingly complex corporate world |
X Means Exhilaration
The new BMW X5 smoothly combines
dynamic driving capabilities, luxury and impeccable technology. A
test drive report by Anne Kurian |
Case for enhancing inter-Arab trade
The 22 Arab nations should look at
realising trade opportunities among themselves, writes Dr Jasim
Husain Ali |
When Dividend stocks in an uncertain market
The coming days may not be smooth
sailing for equity investors, writes Matein Khalid |
Oman is a hidden treasure
Realising the growing stature of
Oman’s oil and gas industry, Atlas Copco, the world’s only
manufacturer of ISO certified oil-free air compressors, opted for
Oman as the venue of its first Oil and Gas MaXimiZe course. Sunil
Kumar Singh caught up with the organisers |
China’s Middle East Policy
The likely result of the intense
competition in Central Asia could mean that the Chinese majors may
be looking to place their investments in fields closer to home, away
from the Gulf |
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What to do next?
Managers devote time to
strategy-making because they want some degree of certainty that they
can direct their firm towards success |
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A novel to Communicate!
Oman Mobile recently launched Corporate Private Network for its NAMA post-paid
connection with loads of benefits for customers at down-to-earth prices |
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Opening the doors
Smart Manufacturing conference was an exceptional networking and knowledge
transfer event granting manufacturers a chance to enhance their bottom line. An
OER report on the recent two-day event |
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The Wave, Muscat
An Idyllic Island Lifestyle |
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Regulars |
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