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In the news this week
The Abu Dhabi National Oil Company’s ADNOC Gas Processing subsidiary awarded an EPC contract to Petrofac Emirates valued at approximately US$700 million.
Comprising three gas compressor trains, associated utilities,and power systems, the new plant will support ADNOC to substantially increase gas output from the Habshan Complex, West of Abu Dhabi.
A consortium of UAE’s National Petroleum Construction Company PJSC and C.A.T International LTD – Abu Dhabi Branch was awarded a contract by ADNOC Gas valued at US$ 615 Mn.
The 30-month project is related to the Gas Pipeline Network Enhancement project to cover the pipeline’s EPC and its associated facilities to transport Sales Gas from Habshan to various customers in the Northern Emirates.
Emirates Water and Electricity Company (EWEC) issued a Request for Proposals (RFP) to qualified developers and developer consortiums that express interest in developing the new Abu Dhabi Islands Reverse Osmosis (RO) Independent Water Project (IWP).
The Abu Dhabi Islands RO IWP project consists of two standalone greenfield low-carbon intensive RO seawater desalination plants on Saadiyat Island and Hudayriat Island. Both plants will provide 100 million imperial gallons per day (MIGD), equivalent to 455,000 cubic metres of potable water per day. Responses to the RFP are expected by the end of Q4 2023.
Property developer Pure Gold Living has announced plans for two new residential project launches this year in Dubai’s Al Furjan and Meydan, involving an investment of US$82mn.
PG One Al Furjan, the first project to proceed, will feature studios, 1-, 2- and 3-bedroom duplex apartments, each with its own pool. The developer also announced that it has a commercial property in the planned pipeline.
Saudi Arabia’s National Metal Manufacturing and Casting Company (Maadaniyah) has signed an agreement with Gulf Triple Contracting Company for the construction of its new valves factory in the kingdom at the King Salman Energy Park (Spark).
The contract is valued at approximately US$ 9mn, and the project’s expected duration is 12 months, starting from July 2023.
Italian engineering group Maire Tecnimont has won two contracts worth US$2 bn related to petrochemical expansion at the Saudi Aramco Total Refining and Petrochemical (Satorp) refinery in Jubail.
Integrated with the existing Satorp refinery, the new petrochemical complex will house the largest mixed-load steam cracker in the GCC, with a capacity to produce 1.65 million tonnes of ethylene and other industrial gases annually.
Another Italian engineering and construction giant Saipem has confirmed the award of a contract worth over US$900mn from Saudi Aramco for the further expansion of the huge Marjan offshore oilfield.
The scope of work involves the engineering, procurement, construction and installation of five offshore platforms and associated subsea pipelines, flowlines and cables in the Marjan field featuring an entirely in-kingdom fabrication scheme.
