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Dutch firm Van Oord wins $695m Kuwait dredging deal
March 13, 2014, 3:47 pm
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The Netherlands’ Van Oord, previously worked on the construction of the manmade Palm Jumeirah island

The Netherlands’ Van Oord, which previously worked on the construction of the manmade Palm Jumeirah island, has won a $695m deal to provide land reclamation services in Kuwait.

The contract, which is with the Kuwait National Petroleum Company (KNPC), will see Van Oord dredge land in the Gulf state’s Al Zour area for the construction of a new refinery, which will produce 615,000 barrels per day.

The project is the first phase of KNPC’s $25bn investment in the new refinery.

“The Middle East has been very important to Van Oord for decades, and we are pleased to continue working and strengthening our position in this area with this contract,” said Van Oord CEO Pieter Van Oord.

Van Oord said that the project will start immediately and be completed within 30 months.

The company was previously contracted by Dubai’s Meraas Development to construct the Pearl Jumeirah island.

Van Oord has been working in Dubai since 2001. It has worked on projects such as the construction of the Palm Jumeirah, The World and Palm Deira, the harbour development in Mina Zeyahi, the land reclamation for Dubai Maritime City and the reclamation of various beaches were realised by Van Oord.

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