June 20, 2018 10:03 AM ET

Construction and Engineering

Company Overview of Oman National Engineering & Investment Company SAOG

Company Overview

Oman National Engineering & Investment Company SAOG provides services to the utility and engineering sectors in the Sultanate of Oman. Its Engineering division engages in engineering, procurement and construction, and contracting activities, including the supply and installation of power generating equipment; and construction of power supply lines and other related projects. This division also operates and maintains power generation stations, desalination plants, hospitals equipment, air conditioning plants, and sewage treatment plants. The company’s Billing division is involved in the billing and collection of electricity and water fees of interior and Dhofar regions, as well as collection ...

Way 3520

Plot 689

Area 2/17

Al Khuwair,  

Oman

Founded in 1978

4,019 Employees

Phone:

968 2439 6222

Fax:

968 2447 9787

Key Executives for Oman National Engineering & Investment Company SAOG

Oman National Engineering & Investment Company SAOG does not have any Key Executives recorded.

Oman National Engineering & Investment Company SAOG Key Developments

Oman National Engineering & Investment Company SAOG Wins OMR 16,285,655 Contract from The Public Authority for Electricity and Water

THE Public Authority for Electricity and water has awarded Oman National Engineering & Investment Company SAOG the contract for construction of Desalination Plant at Musandam Governorate on BOO basis (Tender 59/2017) for the sum of OMR 16,285,655. The construction period shall be 12 months and the duration of sales agreement shall be 10 years. The contract shall commence on the date of receiving the plant site.

Oman National Engineering & Investment Reports Unaudited Financial Results for the First Quarter Ended March 31, 2018

Oman National Engineering & Investment reported unaudited financial results for the first quarter ended March 31, 2018. For the quarter, total revenue was OMR 8,437,131 against OMR 11,246,681 a year ago. Net profit after tax was OMR 214,949 against OMR 454,215 a year ago. Earnings per share were OMR 0.002 against OMR 0.004 a year ago. Net assets per share as at March 31, 2018 was OMR 0.206 against OMR 0.224 a year ago.

Oman National Engineering & Investment Company SAOG Wins Contract from Sultan Qaboos University

Sultan Qaboos University has awarded Oman National Engineering & Investment Company SAOG on April 23, 2018, the contract for Operation & Maintenance of Electrical, Mechanical equipment and civil Maintenance of Sultan Qaboos University Hospital (Tender 854/2016) for the sum of OMR 2,790,755 for the period of two years commencing on January 07, 2018.

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Recent Private Companies Transactions

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