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
IQCD 12.06 -0.03 (-0.25%)
QEWS 14.80 -0.09 (-0.61%)
MPHC 1.17 0.01 (0.86%)
IGRD 3.84 0.02 (0.52%)
QAMC 1.55 0.01 (0.64%)
Gulf Bank launches Concierge App in collaboration with Peacock Concierge

06/03/2026

As part of its ongoing commitment to delivering innovative digital solutions that enhance customers' lifestyles, Gulf Bank has launched its new Concierge App in strategic collaboration with Peacock C

Kuwait Times

Union Properties joins Massachusetts institute's industrial liaison programme

06/03/2026

Union Properties, one of the UAE's leading master developers, said it has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Indu

Trade Arabia

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

06/03/2026

Emirates NBD has waived a range of banking fees for customers across the UAE and the wider Gulf, making cash and card services easier to access during a period of heightened regional uncertainty.

Gulfnews

2PointZero buys majority stake in Italian packaging group ISEM for $192m

06/03/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has announced that it has formally completed the transaction to acquire a majority position in ISEM,

Trade Arabia

SAL agrees $30m Aviapartner Liege acquisition to expand into Europe

06/03/2026

SAL Saudi Logistics Services Co. has agreed to acquire Belgium-based Aviapartner Liege SA for ?28 million ($30.3 million), giving the Saudi logistics firm a foothold at one of Europe's major air carg

Arab News