A £31 million contract – the biggest agreed in nearly two decades of operations – has been landed by consultant process engineers Grimley Smith Associates (GSA), according to the Grimsby Telegraph.
The Brigg-based company has been awarded a two-year project to upgrade facilities at an oil refinery in Basra, Iraq.
It is with the South Refineries Company of Iraq, part of the Iraqi Ministry Of Oil, and will involve the engineering, procurement and construction of site utilities.
Dr Andrew Grimley, executive chairman of GSA, said: “This is a major milestone in our history, signing our biggest contract to date.
“Reaching an agreement on the deliverables with the client and Ministry Of Oil in Iraq has now been achieved, so we are now in the process of ironing out the detail.”
The company has received signed copies of the contract and has accepted a letter of credit. Initial meetings have also been held.
Michael Grimley, project manager at GSA, said: “We are delighted to have been awarded such a large project in Iraq.
“With an operable letter of credit and all other contractual requirements met, we are confident in starting the engineering.”
GSA has taken on the role as turnkey contractor and will undertake all aspects of the design, procurement and project management while working with an Iraqi construction company to deliver the project at site.
The project will involve over 27,000 man hours of design over a two-year period. The current construction period is anticipated to be six months. GSA will be developing the designs from GSA House in Brigg Market Place, using consultants and suppliers local to North Lincolnshire wherever possible.
(Source: Grimsby Telegraph)