The Consolidated Contractors Company (CCC) provides engineering, procurement and construction for the oil and gas, water and power industries, civil contracting for building, infrastructure, network and pipeline projects; engineering consultancy services and structural steel works; fabrication of pipes and pressure vessels; offshore, electromechanical and marine engineering; operation and maintenance for the oil and gas and petrochemical plants, with operations across 40 countries on four continents.
CCC ranked as the Middle East’s largest contractor, with EUR4 billion (USD5.65 billion) in revenues, and as the world’s 16th largest contractor, in terms of international revenues, in 2008.
Launched in Lebanon, in 1952, CCC moved its headquarters permanently to Greece, in 1976, to facilitate access to European and Asian markets. As of January 2008, it earned 82% of its revenues from its MENA activities.
CCC generated 73% of its total 2008 revenues from its engineering, procurement and construction for the oil and gas and petrochemical sectors.
Some of CCC’s significant projects include an EPC package with the Germany-based
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, for Borouge 2, an ethane cracker, valued at AED4.77 billion (USD1.3 billion), which will have a capacity of 1.4 million tons of ethylene, per year, when completed in 2010. The company will start works on Bourouge 3, in January 2010, an ethane cracker project, with an estimated capacity of 1.5 million tons of ethylene per year. Valued at AED3.67 billion (USD1 billion), the project is due to be completed in 2013.
CCC entered into a joint venture with Turkey-based TAV Construction to construct a 4.3 km runway, several taxiways, an apron, and seven bridges and interchanges, as part of the civil works package that is to expand Muscat International Airport and increase its passenger capacity. Estimated at OMR451 million (USD1.17 billion) this project is expected to be completed in 2012.