Middle East Economic Survey

VOL. XLVII

No 45

8-November-2004

QATAR

Australian/Qatari JV Wins RasGas Maintenance Contract

Australias Transfield Services announced on 2 November that a joint venture comprising itself, the Worley Group of Australia and Qatars Trading and Agency Services (Trags) had been awarded a $74mn consolidated maintenance contract by RasGas, to run over five years. Transfield and Worley each own 27.5% in the joint venture, with the remaining 45% held by Trags. Transfield Managing...