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Tuesday, June 16, 2026
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Arabtec wins Europe’s tallest office tower deal

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Arabtec construction has won an $123m contract to provide enabling works for the 85-storey, 462m-high Gazprom Tower planned for St Petersburg.

The package is the first to be awarded for the distinctively-shaped, twisting tower which will provide the new corporate HQ for Gazprom and Gazpromneft

Arabtec managing director Hasan Abdulla said: “Arabtec was involved in preparing the design and documentation for the tower package until the client settled on the new site at the Gulf of Finland.”

The second phase of the project involves construction of two new Podium buildings, a concourse, undergound car parks and support facilities surrounding the tower.

“We are pleased to announce this award and we expect more projects to be awarded in the promising Russia Market,” said Abdulla. “Russia has been set as a target market in the overall expansion policy of Arabtec worldwide and it seems our persistent efforts have started to pay dividend.”

 

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