Oman's Renaissance bags $41 million contract in Iraq 

MUSCAT — Renaissance Services has bagged a $41 million (RO15.92 million) contract to provide catering services in Iraq for Kellogg Brown & Root (KBR), a press release said. Mobilisation of the contract commences with immediate effect, with services expected to commence within one month. The scope of work requires the establishment and equipment of kitchen/dining facilities to cater for several thousand people. The contract duration is for six months, with three subsequent renewal options of six months each.

Execution of the contract is logistically taxing and presents considerable operational risk. The contract has been won in collaboration with Heston Services, which provides logistics and administration services to Renaissance in Kuwait and Iraq.

The contract has been won in competition with many regional and global competitors in the contract catering industry, and demonstrates Renaissance's ability to compete at a multi-national level.

Renaissance Services SAOG is a diverse services group listed on the Muscat Securities Market. The group has four core operating businesses in information, telecommunications and healthcare technology, contract services; education and training and media communications.

It is the company's Contract Services Group that has won the KBR contract in Iraq. The company is already a market leader in contract services in Oman with an outstanding sustained growth record. KBR is an excellent client. This success offers Renaissance new opportunities in a major new market.