Oman’s Ministry of Health awards $10.9m O&M contract to ONEIC

Muscat Securities Market-listed (MSM) Oman National Engineering & Investment Company (ONEIC) has revealed that it has secured an operations and maintenance (O&M) contract worth $10.9m (OMR4.2m) from the sultanate’s Ministry of Health.

In a stock market filing undersigned by its chief executive officer, Rashid Bin Mohammed Alghailani ONEIC said that the contract was awarded on 3 March 2020 for The Royal Hospital for a three-year period, starting from 1 April 2020 to 1 March 2023.

ONEIC in September last year secured a $4.6m (OMR1.8m) contract from a government entity to upgrade the electrical capacity of a power plant for a period of 360 days.

The company has previously also secured a $117.3m (OMR45.1m) contract to build, operate, and transfer a sewage network for Sahalnoot district in Salalah for a period of 17.5 years from Salalah Sanitary Drainage Services Company.

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