Dubai, 12, September, 2011: Drake & Scull Water and Power L.L.C (DSWP), a wholly owned subsidiary of Drake & Scull International (DSI) PJSC, a regional market leader in integrated design, engineering and construction disciplines of Mechanical, Electrical and Plumbing (MEP), Civil Contracting, and Water and Power, secured AED 75 million infrastructure contract for the Construction of a Sewerage project in Al Ain-UAE.

The contract includes the Supply, Erection, Installation, Testing and commissioning of the Mechanical, Electrical and Instrumentation works for two treated sewerage effluent pumping stations, one Bypass station in addition to the associated infrastructure works. The project is scheduled to start immediately and will be completed in November 2012.

Commenting on the project win, Tawfiq Abu Soud, Executive Director of DSWP said, "DSWP is well diversified and has become a specialist contractor in the infrastructure field and especially in the waste water and water solutions sectors. The integration of our services with DSI's Mechanical Electrical and Plumbing (MEP) and civil portfolio compliments our expertise and will allow us to deliver upon the highest quality standards for this project. There is substantial demand for DSWP services in the region and we have set forth a systematic and comprehensive plan to identify these lucrative opportunities and we are allocating the right resources to qualify for these prospects.  "

Abu Soud continued, "Water and Power are niche markets where few companies have the capabilities to excel at it. However, DSWP possesses the core technological elements and a solid experience to cater for such competitive and technical sectors, and will significantly contribute to the profitability of DSI in future."

Since its inception, Drake & Scull Water and Power has completed works in the UAE, Qatar, Saudi and other GCC markets with a backlog of approximately AED 900 million as of the 30th of June 2011.  The company has established strong foothold in region and has  a prominent portfolio  of  contracts which include a AED182million design and build contract for two district cooling plants in the Musheireb project developed by Doha Land and another AED 290 million EPCO (Engineering, Procurement, Construction and Operation) contract for a District Cooling Plant in Riyadh, Saudi Arabia .In 2011 DSWP, signed a Memorandum of Understanding ('MOU') with Australian based company Earth Heat Resources Limited ('Earth Heat' or 'the Company'), an ASX listed New Energy Company, to jointly explore, bid for and secure geothermal project opportunities in the Middle East and Africa.  The company also completed the Integration of Passavant-Roediger into DSI's business platform and secured a series of project wins in Europe, China and the MENA region for a combined value of AED 150 million. DSWP is actively seeking opportunities in the Solar Power and other alternatives energy sector in the region and managed to secure in quarter two an AED 12.5 million design, supply and installation contract of the associated Mechanical and Electrical works for a one Mega PV solar plant in the state of Tamil- Nadu in India. The company poised for significant growth in 2012 especially with the increased demand for water and power services in the region.

-Ends-

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 Mechanical Electrical and Plumbing (MEP), Civil Contracting, and Water & Power Infrastructure, 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, Egypt, Kuwait, Libya, Oman, Saudi Arabia, Syria, Qatar, Jordan and Thailand, as well as managing projects in Europe and other parts of North Africa

DSI 's main business streams include Drake & Scull International, which serves as the MEP arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit and Drake and Scull Water & Power (DSWP), which focuses on the Water & Power and 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 compliment its corporate strategy of expansion into new markets, via organic and inorganic growth.

The fully Integrated Management Systems, certified to ISO 9001:2008, ISO 14001:2005 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 leaders through experience, and has established a regional leadership position over 44 years of successfully completing the most complex projects on time, within budgets and matching set quality parameters.

DSI has completed many prestigious projects in the region for over four decades, and have helped shape the region's skyline from within.

About Drake & Scull Water and Power L.L.C. (DSWP)
Drake & Scull Water and Power L.L.C. (DSWP) is a wholly owned subsidiary of Drake & Scull International PJSC and was established in 2010 and has been involved in several water and power projects in the region. DSWP is headquartered in the UAE region and is a prime contractor that understands the dynamics of the construction industry and possesses the engineering capabilities to use innovative structures and techniques to generate efficiencies and maximize value costumers. DSWP delivers total integrated infrastructure solutions specializing in the following areas and type of Contracts.

Type of Contracts

  • Turnkey, Design and Build

  • Engineering, Procurement and Construction (EPC)

  • Engineering, Procurement and Management(EPM)

  • Design, Build, Finance and Operate (DBFO)

  • Operation and Management

  • Energy Performance Contracts

Integrated infrastructure solutions

  • District Cooling Schemes

  • Sewage Treatment

  • Power Distribution

  • Power Transmission

  • Water & Sewage Pumping

  • Electrical and Mechanical Infrastructure Networks

  • Oil & Gas

  • Industrial and Production Plants

  • Solar Power

  • Geothermal Power

  • Thermal Power Generator

  • Telecommunication Infrastructure

For further information, please contact:
Orient Planet PR & Marketing Communications
P.O Box: 23345
Dubai, United Arab Emirates
Tel:  00971 4 398 8901
Fax: 00971 4 398 8941
Email: media@orientplanet.com
Website: www.orientplanet.com

© Press Release 2011