Dubai – Mubasher: Target Engineering, a wholly-owned subsidiary of Arabtec Holding, was awarded two contracts at a total value of AED 210 million ($57.18 million) in Abu Dhabi.

Arabtec Holding's subsidiary was granted a 22-month contract worth AED 84 million ($22.8 million) by ADNOC Offshore, according to the company's disclosure to the Dubai Financial Market (DFM) on Monday.

Under the contract, Target Engineering will implement the engineering, procurement, construction, and commissioning works to replace the existing Slug Catchers at the Satah Plant on Zirku Island, Abu Dhabi. 

The other contract, valued at AED 126 million ($34.3 million), will focus on setting up Sunset Square, including a 19-storey commercial building.

Spanning over  27,000 square metres, the construction of the project will be completed over 30 months.