Company secures AED 2.65 Billion in Project Awards Year to Date

UAE, December 23, 2015

Drake & Scull Engineering (DSE), the subsidiary of Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, Oil and Gas, and Water and Wastewater Treatment, has announced that it has secured a AED 121 million EPC (Engineering, Procurement & Construction) contract to design and install a chilled water distribution network for a prominent mixed use development in Dubai. The AED 121 million project win has helped DSI achieve AED 2.65 Billion in Total Project Awards across MENA and Asia, year to date.

Under the terms of the agreement, DSE will design and build an underground chilled water pipe network in the mixed use development which will feature pre-insulated pipes varying in sizes ranging from 100 mm to 1,200 mm for an approximate total length of 32 km. In addition, DSE will also deliver all related civil works with a scheduled completion slated for 2018.

Ahmad Al Naser, Managing Director of Drake & Scull Engineering, said: "DSE has achieved substantial progress in the regional engineering sector and boasts of a strong portfolio of major district cooling installations in prominent metropolises across the region. Our expertise in delivering such complex projects has been demonstrated by our pioneering work on district cooling plants in the Dubai Festival City, Jumeirah Beach Residences, and Meydan Nad Al Sheba in Dubai. The installation of the underground chilled water pipe network in the mixed use development will prove to be a challenging project that will provide us with an opportunity to demonstrate our well-honed EPC skills. Some of the major district cooling projects we are currently delivering in the region include the district cooling plants in Dohaland and Lusail City in Qatar and Saraya Aqaba in Jordan. We are confident that our sound technical fundamentals combined with our experienced team of skilled professionals give us a competitive advantage as we aim to secure substantial project wins associated with the upcoming Dubai Expo 2020." 

DSE was formed through a strategic merger of Drake & Scull's traditional MEP and Water & Power (WP) businesses under one specialist entity. Some of the key engineering projects being undertaken by DSE in the UAE include the Louvre Museum, the Fairmont Hotel & Service Apartments, the Jewel of the Creek, the Habtoor City, and the Mall of the Emirates expansion.

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About Drake & Scull International PJSC
Drake & Scull International PJSC (DSI) is a regional market leader delivering world class quality projects via end to end solutions that provide integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, Water and Wastewater Treatment, Waste to Energy and Oil and Gas, through People, Innovation, and Passion.

DSI established its first office in Abu Dhabi in 1966, and has since expanded operations to encompass offices in Dubai, Abu Dhabi, Egypt, Kuwait, Oman, Saudi Arabia, Qatar, Jordan, Algeria, Iraq, India, Thailand, as well as managing projects in Europe and other parts of North Africa.

DSI's main business streams include Drake & Scull Engineering, which serves as the MEP and Water & Power arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit, Drake & Scull Oil & Gas, which undertakes oil pipelines and related petrochemical projects, Drake & Scull Rail, Germany based Passavant Energy & Environment which focuses on Water and wastewater treatment as well as waste to energy and Drake and Scull Development, focusing on the Infrastructure sector.

In 2008, DSI offered 55% of its shares to the public and the IPO was oversubscribed 101 times. Ernst & Young ranked the IPO among the top 20 global IPOs in 2008.

DSI has since then used the funds to integrate, establish and acquire businesses that complement its corporate strategy of expansion into new markets, via organic and inorganic growth.

The fully Integrated Management Systems, certified to ISO 9001:2008, ISO 14001:2004, ISO 27001:2013 and OSHAS 18001:2007 standards are compliant with leading building, health and safety regulations, as well as sound environmental and energy management procedures.

DSI is a leader through experience, and has established a regional leadership position over 49 years of successfully completing the most complex projects on time, within budgets and matching set quality parameters.

DSI has delivered more than 700 projects around the world in the last five decades catering to aviation, residential, mixed use, power plants, district cooling plants, hospitality, healthcare, renewable energy, data centers, petrochemical, rail, commercial, government, leisure, and infrastructure sectors.

For further information, please contact:
Rabih Abou Diwan
Corporate Communications Manager
Drake & Scull International
Mobile: +971 52 800 34 12
Rabih.aboudiwan@drakescull.com

Orient Planet PR & Marketing Communications
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© Press Release 2015