Keppel unit's Qatar sewage-treatment contract terminated
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KEPPEL Seghers Engineering Singapore, wholly owned by Keppel Corp, has ceased to operate and maintain the Doha North Sewage Treatment Works in Qatar with effect from July 25.
This was a design-build-operate project awarded by Ashghal, the public works authority of Qatar.
The client terminated the Keppel Seghers contract after having implemented a new framework contract to operate and maintain Qatar's sewer network and its associated assets, Keppel Corp said on Monday.
The Keppel Seghers project comprised wastewater treatment, water reuse and sludge treatment facilities.
It was handed over in phases to Ashghal over 2015 through 2017, and was in the 10-year operation and maintenance phase.
Shares of Keppel Corp fell S$0.24 or 4 per cent to close at S$5.71 on Friday.
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