16/02/2015 05:56 AST

Al Hassan Engineering has been awarded with the 'Best Contractor of the Month' at Musandam site by Oman Oil Company Exploration & Production's (OOCEP) and the main contractor, Hyundai Engineering.

This is Al Hassan's third award in the category and a reflection of its commitment to strict safety and quality standards. Also, Al Hassan Engineering, Oman's leading EPC (engineering, procurement and construction) contractor added one more feather to its cap by completing 3 million LTI free manhours while executing the subcontract for electrical and instrumentation works at Oman Oil Company Exploration & Production's Musandam gas plant project.

Under its health and safety initiatives, a 'behaviour based safety' programme was introduced by Oman Oil Company Exploration & Production and Hyundai Engineering at the project site, as a part of which Al Hassan conducted periodic research and shared insights with employees regarding the different aspects of safety. Daily tool box talks and weekly gate meetings were some of the channels employed in regularly communicating and reinforcing high safety and quality guidelines.

Safety norms

"I take this opportunity to convey my sincere thanks to the team of Oman Oil Company Exploration & Production and Hyundai Engineering for their support, guidance and encouragement to strictly adhere to all safety norms that have resulted in the achievement of this important milestone. At Al Hassan, the health and safety of our people is our top most priority and we are extremely proud of our performance in the field," said Maqbool Ali Salman, managing director of Al Hassan Group congratulating the project team.

He also emphasised that Al Hassan Engineering understands the dedication and hardships that are involved in the achievement of such milestones and this is why Al Hassan invests a great deal of time and resources in the implementation of the highest health, safety and environment standards in the industry for all of its projects.


Times of Oman

Al Hassan takes new initiatives to strengthen balance sheet

16/02/2016

Al Hassan Engineering's board has decided to take a series of new steps, including sale of land, efforts to recover additional cost and recapitalisation of Abu Dhabi subsidiary, to improve its finan

Times of Oman

Al Hassan Engineering opens new facility in Nizwa

29/06/2015

Al Hassan Engineering, one of Oman's leading engineering, procurement and construction (EPC) contractor, has opened a state-of-the-art fabrication and plant workshop in Nizwa.

The new faci

Times of Oman

Al Hassan Engineering LOI for US$ 26.6 Million from GS Eng

09/03/2015

Al Hassan Engineering Co. Abu Dhabi LLC (which is controlled by Al Hassan Engineering Co. SAOG owning 49% of its share capital), has received LOI from M/S GS Engineering & Construction, for USD 26.6

Muscat Stock Market

Ticker Price Volume
HECI Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ALPHADHABI 10.94 0.00 (0.00%)
IQCD 12.37 0.22 (1.81%)
ADNOCLS 4.40 0.02 (0.45%)
NMDC 24.04 0.20 (0.83%)
ADPORTS 3.90 0.01 (0.25%)
Adnoc Distribution to operate 500 high-power EV chargers by 2028

26/04/2025

Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p

Trade Arabia

Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group

25/04/2025

Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,

Saudi Gazette

Dubai logistics firm Aramex CEO Othman AlJeda resigns

24/04/2025

The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.

The change at the top comes just weeks after Abu Dhabi

Gulfnews

UAE banks continue to hit high growth in Q1-2025, with ADIB's net profit at D1.9b

24/04/2025

The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.

Gulfnews

Salalah Port welcomes eco-friendly container ships

24/04/2025

Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom

Times of Oman