Drake & Scull eyes $476m contracts in Iraq, Kuwait DUBAI, 3 hours, 18 minutes ago Drake & Scull International (DSI), a market leader in electromechanical, integrated design, engineering, and construction, for water, power and oil and gas sectors, said it has won big contracts in Tunisia, India and Palestine.
The company is also bidding for several projects, valued at over AED1.75 billion ($476 million) in Iraq and Kuwait, which will add to its financial fundamentals and operational excellence.
Strengthening its business in the wastewater purification and pipeline extension sector, DSI’s growth is fuelled by the robust performance of its subsidiary, Passavant Energy & Environment.
DSI Chairman Engineer Shafiq Abdelhamid said: "Our new contracts and the successful completion of several projects underline our competencies to deliver world-class engineering, procurement, and construction (EPC) and mechanical, electrical and plumbing (MEP) works for complex projects in the power, water and oil and gas sectors."