Digital innovation themed at the Abu Dhabi International Downstream Summit
Abu Dhabi– the downstream business is looking to further optimise processes with the aim of reducing downtime and increasing efficiency. Digitalisation is the key to unlocking hitherto unachievable productivity gains. The Abu Dhabi International Downstream Summit will be focussing on that digital future, where big data analysis will provide the clues to incremental process improvements, using data from hundreds of sensors embedded within plant assets.
But digitalisation is just one of the key themes that is drawing business leaders and engineers from the Middle East’s refining and petrochemical industry to the Abu Dhabi International Downstream Summit which will be taking place at Sofitel, Abu Dhabi in the UAE on 18 and 19 September 2017.
Offically supported by Takreer and Borouge and accompanied by 14 other key industry sponsors all leaders in their field. There is a packed conference program including 25 key spokes persons representing companies such as Borough, Takeer, KIPIC, SABIC, Saudi Aramco, Shell, Ruwais Refinery, Petro Rabigh, Borealis, Orpic, Gunvor Petroleum including many others.
In addition to listening to the speakers that will focus on digitisation and innovation, attendees will have the opportunity to meet with a large delegation from Takreer and Borouge, in addition to learning about “Crude Chemicals” which is now recognised as an industry game changer.
In an ever more competitive environment four specialist streams are being run leveraging the experience of some of the industry’s leading technology, service companies and operators that will provide their recommendations on keeping one step ahead of the competition.
Finally, the issues of equality will be addressed in the, “Women in Downstream” panel with representatives from Saudi Aramco, KIPIC and Borouge who will discuss the importance of mentoring for women’s career and advancement opportunities.
As Essam Al Sheibany, GM Mina Al Fahal Refinery Operations at Orpic, put it, “All the other conferences look to the past, the Abu Dhabi International Downstream Summit differentiates itself by looking forward to the future while addressing the ways that we can drive our businesses forward”.
This year’s two-day conference, in addition to addressing the broad subjects of “Innovation, Investment & Collaboration” and “Investing in future growth, sustainability & profitability” will have a total of four separate technical streams plus speed networking and interactive round tables.
Kay Mitchell, ADID Event Director said: “The Abu Dhabi International Downstream Summit is once again heading for a record attendance which reflects the importance of the event and the Middle East region. The event last year attracted over 222 delegates from over 21 countries and we hope to exceed that in 2017”.
Delegate registration is now open; anyone wishing to attend the event can register online.
For more information about Abu Dhabi International Downstream Summit, and to register, please go to adid.wraconferences.com.
ADM to demolish 21 abandoned and dilapidated buildings in city suburbs
The Abu Dhabi City Municipality (ADM) will soon demolish abandoned and dilapidated buildings in the city suburbs and other areas of the emirate.
It called upon landlords to cooperate with the municipality to obtain permits for demolishing those buildings as soon as possible, according to a press communique from ADM.
Musabbah Mubarak Al Murar, acting general manager of Abu Dhabi Municipality, issued the administrative resolution regarding the evacuation and demolition of abandoned buildings that are unsafe for habitation and distort the general appearance of Abu Dhabi city and its suburbs.
The Municipality decided on the removal of 21 abandoned and dilapidated buildings including five buildings in Al Khatam, 15 buildings in Baniyas and one building in Al Shahama.
The Municipality gave owners of the abandoned buildings a grace period to complete the demolition procedures immediately after the municipal inspectors surveyed these buildings and declared them unfit for occupation and notified property owners, according to Constructionweekonline news report.
The Municipality is moving ahead with the removal of these abandoned buildings as part of a plan to be supervised by a committee entrusted with following up the demolition and removal of the rubble. The municipality will ensure that the removal process will minimise environmental pollution and disturbance to the owners of the houses adjacent to the demolition sites.
Galfar Engineering awarded US$ 68 mn for road works at Al Batinah Expressway project
Oman-based Galfar Engineering and Contracting Company has been awarded a contract worth $68m (OMR26.24m) for road works at Al Batinah Expressway project in the sultanate.
The contract was awarded by the Ministry of Transport and Communications for works related to traffic opening at the Expressway as part of package three of the project, according to a disclosure statement posted on MSM website, the Times of Oman reported.
The contract has a completion period of 426 days, which includes 30 days for mobilisation.
The contractor said earlier this week that its net profit for Q1 2017 stood at $15,582 (OMR6,000) against $1,402,597 (OMR540,000) posted for the same period last year, according to Constructionweekonline news report.
Galfar Engineering was awarded a contract by Petroleum Development Oman (PDO) in May to provide off-plot mechanical work in Oman as part of a two-contract deal worth $780m.
Under the terms of the deals, off-plot mechanical work will be carried out by local contractor, Seeh Al Sarya Engineering at PDO oil fields at Fahud, Lekhwair, and Yibal, and by Galfar Engineering and Contracting at Qarn Alam.
Sharjah Airport Authority to build US$ 30 mn private jet terminal at Sharjah International Aiport
Sharjah Airport Authority has signed two agreements with Gama Support Services, including building and operation of a new private jet terminal by Gama at Sharjah International Airport, with an investment of over Dh110 million ($30 million).
The second agreement grants Gama the right to provide ground handling services business jet owners, business jets, and crew members at the terminal.
Ali Salim Al Midfa, chairman of Sharjah Airport Authority and Richard Lineveldt, general manager of Gama Support Services, signed the two agreements, in the presence of senior officials from both organizations.
The new project which will be constructed and operated by Gama will contribute in developing the private jet and business aviation industry in the Emirate of Sharjah.
The project spreads over more than 40,000 sq m in Sharjah International Airport premises and comprises two private jet hangars with a capacity of two large BBJs each and a state-of-the-art terminal for business jet owners & crew members, where it will include resting areas and lounges, in addition to Duty Free shops designed to meet the expectations of business jet owners, equipped with the latest technologies to expedite the passport control and customs procedures.
The project will also include an aircraft fuelling unit, aircraft parking apron for business jets and car parking spaces for the terminal users and guests.
Al Midfa said: “Our new partnership with Gama will add to our ability to provide the highest level of services to our customers in the private and business jet industry. The new project will allow the owners to travel in a luxurious and convenient manner, contributing to the economy of the Emirate of Sharjah and the UAE simultaneously.”
“This partnership is an important step in the process of developing the private aviation industry in the Emirate of Sharjah, by providing more exceptional facilities and services to jet owners who use their private jets to travel around the world,” he added.
Lineveldt said: “We are proud of our presence at Sharjah International Airport. The agreements we have signed and the investment we are making here reflects our confidence in the prospective business of Sharjah economy as we have received excellent support from Sharjah Airport Authority and the Department of Civil Aviation.”
“During the last few years, the general aviation market has witnessed growth in the number of business jets and private aircraft owners, and we expect this to continue on the short and long terms. Since the launch of its operations at Sharjah International Airport in 2012, Gama Aviation has significantly expanded its customer base in the private aviation industry.”
“Gama Aviation, being the sole service provider of ground services to the general aviation sector in Sharjah International Airport, will provide various services and facilities to cater to the business jet owners and jet crew members. Gama Aviation will also extend its cooperation with the local & international flight management companies to make Sharjah International Airport the preferred choice for business jet operators,” he added.
The project is currently being designed to meet the international operational standards to ensure maximum convenience and tranquility for business jet travellers. The construction will commence soon after the completion of designs, studies and obtaining the official approvals, according to Tradearabia news report.
The agreements are part of Sharjah Airport Authority’s strategy to develop the general aviation industry in order to accommodate the increasing growth of this industry in the UAE and the Emirate of Sharjah.
Aqar unveils three star business hotel in Duqm
Omani property investment firm Al Khonji Real Estate & Development (Aqar) has unveiled plans for a three-star business hotel in Duqm, which will be a part of a large mixed-use development, said a report.
Featuring 180 to 200 rooms, the hotel project is the first venture in a massive mixed-use development, which includes two other hotels, residential units, commercial buildings and retail facilities of varying sizes, said a report in Times of Oman.
A memorandum of understanding (MoU) was already signed for the first hotel, which will be a business hotel, and there are plans for two other hotels.
Oman expects a surge in the number of business travellers to the sultanate as it is witnessing massive development with a proposed refinery, petrochemical complex, crude storage facility and a major fish processing zone.
Moreover, a group of Chinese firms had signed land lease agreements with Oman Wanfang in April for building various projects, ranging from a methanol venture to a five-star hotel, totalling an investment of $3.06 billion.
The proposed residential units of the Al Khonji group, which is a long-term plan, will be a mix of villas and apartments, according to Tradearabia news report
The total envisaged investment for the entire development of Al Khonji group in Duqm for a period of 15 to 20 years is around OMR300 million, while the investment for the first three-star hotel is estimated at OMR10 to 12 million, added Al Khonji.
“Our business plan is for 15 to 20 years, but it will depend on growth in demand and the performance of the economy. We are working on developing hotels, residential buildings, shopping centres and many other facilities,” said Al Khonji.
Number of planned land plots in Oman reached 63,640 by end-2016
The number of planned land plots in Oman reached 63,640 by the end of 2016, an increase of 29% over 2015, when the number of planned land plots was 49,520.
However, National Centre for Statistics and Information’s (NSCI) data also showed that the number of granted land plots was 36,811, down by 14% from 2015 (42,837).
55,140 plots were registered for the first time in 2016.
Oman’s A’Dakhiliyah governorate received the largest share (12,296) of the planned land plots in 2016.
Muscat recorded 6,004 land plots during the year, according to Constructionweekonline news report.
GCC citizens owned 107,000 Omani properties in 2016, with Kuwaiti citizens ranked first with 481 properties (43%).
Nationals of the UAE, Saudi Arabia, and Bahrain respectively owned 425 properties (38%), 62 (6%), and 84 (8%).
Meanwhile, Oman Housing Bank provided 642,000 housing loans in 2016, worth (OMR70.1m), state agency ONA reported.
Deyaar reports 135% year-on-year increase in revenues
UAE-based property developer Deyaar has reported a 135 per cent year-on-year increase in revenues for the six months ending June which soared to Dh316.4 million ($86.1 million) from last year’s 134.9 million.
Announcing its financial results for the first half, Deyaar said the rise was driven by sales of its properties and construction progress The Atria and Mont Rose projects, both of which currently exceed 75 per cent completion.
Deyaar also recorded a healthy net profit of Dh67 million compared to Dh111.3 million last year. This year’s net profit figure was a result of the progress in Deyaar’s flagship projects, it added, according to Tradearabia news report.
On the performance, CEO Saeed Al Qatami said: “We have made progress in 2017, recording growth in terms of revenues in comparison to the same time last year. This has been due to the popularity of Mont Rose and The Atria properties, both of which are near completion with handover anticipated in 2017.”
In the next six months, Deyaar’s focus will be on delivering its projects and diversifying the portfolio, which includes new hospitality projects – a critical component of developing the company to be more aligned with the vision of the UAE’s leadership, he added.
Engineering Contracting Company awarded joint-venture project with McLaren Construction
- Engineering Contracting Company (ECC) wins Dubai-based multi-storey carpark project
Dubai, United Arab Emirates; 20th July 2017: One of the most established and diverse contracting companies in the region, Engineering Contracting Company LLC (ECC), has been awarded a multi-storey carpark project opposite Dubai World Trade Centre (DWTC), comprising circa 2,800 parking spaces.
Construction of the strategically located car parking structure, which commenced in March 2017, is expected to take 12 months to complete and will cover a built-up area of 89,000m2.
Commenting on the joint-venture project, Mr. Kareem Farah, Director and COO, ECC said: “We are pleased to working with McLaren on our first multi-storey carpark project, adding to the long list of diverse projects we have undertaken across our 42 year history in the UAE. Innovatively designed by Parsons Architecture, this project is centrally located in Dubai, providing millions of visitors from around the world easy access to renowned events, conferences and exhibitions.”
Mr. Farah added: “Visitors to DWTC and surrounding venues can soon expect improved access and reduced congestion, especially around high profile events, as the new project contributes to the ongoing development of infrastructure in the area.”
Taking advantage of its unique location, the completed five-storey project will include two helicopter pads offering VIP access, in addition to hosting multiple large scale external LED advertising screens.
ECC has more than 7,000 highly qualified team members and an extensive supply chain, which allows it to deliver projects on time and fulfils the expectation of the employer, authorities and other stakeholders.
As one of the UAE’s market leaders in providing engineering solutions, ECC is known for providing unique design and build solutions. As an expert in technical knowledge projects, known for adapting to the client’s needs and the needs of the market, ECC has received multiple highly recognized appreciation awards from some of their key partners in the region, including: Dubai Municipality and ADNOC.
Dubai Courts processes 51 cancelled projects
Dubai Courts is currently processing 51 cancelled projects in the emirate through two liquidation committees, according to reports.
One liquidation committee is dealing with two projects, while another is handling 49, the Dubai Courts website revealed, according to Arabian Business.
The liquidation panel with 49 projects has asked Emirates Auction to evaluate the land value for seven projects which includes G Office Tower, Sanali Business Tower, Pershing Luxury Beach, G Tower, Global Point, Niki Lauda Tower and Cascade Villa.
Each of the individual projects have the names of registered investors, their unit numbers and the amount paid on the unit.
The website added that the cancelled project liquidation committee is the competent committee for liquidation of real estate projects cancelled by final decision of Real Estate Regulatory Agency (Rera), according to Constructionweekonline news report.
The judgments, orders and decisions issued by the committee are final, absolute and unappealable by either means of appeal, and shall be executed by department of execution at the Dubai Courts.
The list of cancelled projects are below:
- Dolce Vita
- Zenith Tower A3
- Escan Tower
- G Office Tower
- Tower 88
- Reliance 1
- Reliance 2
- Reliance 3
- Reliance 4
- Reliance 5
- Reliance 6
- Reliance 7
- Reliance 8
- Reliance 9
- Reliance 10
- Reliance 11
- Reliance 12
- Reliance 14
- Reliance 15
- Reliance 16
- Reliance 17
- Sami Q Tower
- Victory Bay
- Fortune Serene
- Moon Tower 2
- Burj Al Fara’a
- Kensington Krystal
- Villa Caria
- Oval Tower
- The Signet
- Sanali Business Tower
- Sheffield Classique
- Pershing Luxury Beach
- Phoenix Wings
- G Tower
- Metropolis Lofts
- Global Point
- Metro Tower
- Cadi 2
- Tower 10
- PKS Residences
- Niki Lauda Tower
- Angelica Residence 2
- Angelica Residence 1
- Cascade Villa
- Wave Residence
- Global Residencia
- Image Residences
DEWA review progress of Mohammed bin Rashid Al Maktoum Solar Park project
HE Saeed Mohammed Al Tayer, the MD & CEO of Dubai Electricity and Water Authority (DEWA), performed a site visit to the Mohammed bin Rashid Al Maktoum Solar Park to review its progress.
Al Tayer was accompanied by Nasser Lootah, executive vice president of Generation, Abdullah Obaidullah, executive vice president of Water & Civil, Jamal Shaheen Al Hammadi, vice president of Special Projects, and Mohamed Al Shamsi, vice president of Water & Civil Projects and Water Maintenance.
Representatives from Shuaa Energy 2 briefed Al Tayer on the progress of the third phase of the solar park.
Shuaa Energy 2 was launched in partnership with the Masdar-led consortium, and Électricité de France (EDF), through its subsidiary EDF Energies Nouvelles.
The Mohammed bin Rashid Al Maktoum Solar Park has a planned capacity of 1,000MW by 2020 and 5,000MW by 2030. The park’s total investment is $13.6bn that will eventually save approximately 6.5 million tonnes per annum in emissions.
DEWA registered a Levelised Cost of Electricity (LCOE) of $2.99 cents per kilowatt hour (kW/h) for the third phase of the solar park, to be operational in 2020. The World Expo will be connected to the Mohammed bin Rashid Al Maktoum Solar Park, which will provide it with 400MW of power.
The implementation progress of the third phase, which will produce 800MW, will be complete by 2020. The third phase will be completed in 3 stages over 16 square kilometres. The first 200MW stage is expected to be operational in the first half of 2018. The 300MW second stage will be operational in 2019, and the third 300MW stage will be completed in the first half of 2020, according to Constructionweekonline news report.
The solar park project aims to achieve the targets of the Dubai Clean Energy Strategy 2050.
Last month seven institutions had signed off on a financing agreement for the third phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai.