Construction Industry News

Industries Qatar, Gulf's second largest petrochem firm shelves petrochemical project

Industries Qatar, Gulf's second largest petrochem firm shelves petrochemical project

19th September 2014

Industries Qatar, the Gulf’s second-largest petrochemicals firm, said on Thursday it had put its multi billion dollar Al Sejeel petrochemical complex project on hold and was studying a new scheme instead that would yield better returns.The Al Sejeel petrochemical project, one of the world's largest mixed-feed steam crackers, was scheduled for completion in 2018.[..]

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Bahrain Education Ministry reveals plans for more education projects

Bahrain Education Ministry reveals plans for more education projects

18th September 2014

The Minister of Education Dr. Majid bin Ali Al Noiami stated that the Ministry of Education continues to carry out its plan to develop academic buildings and construct schools in various Governorates in the Kingdom in order to provide place for all students and provide educational services and facilities close to their residents according to plans, priorities and the modern educational systems and international standards.[..]

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L&T wins Oman Adam air base construction contract

L&T wins Oman Adam air base construction contract

18th September 2014

Indian construction conglomerate Larsen & Toubro (L&T) has won a contract for the construction of Adam Air base in the Sultanate of Oman. The deal was awarded by the Ministry of Defence and the work will be carried out by L&T subisidary, L&T Oman.[..]

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RTA opens new Dubai road as part of Parallel Roads Project to ease congestion

RTA opens new Dubai road as part of Parallel Roads Project to ease congestion

18th September 2014

The Roads and Transport Authority (RTA) has opened a major new road in Dubai, linking Oud Metha with Business Bay via a number of tunnels and bridges. Al Asayel Road, which extends 5 kilometers in total and has been built at a cost of AED 300 million (US$ 81.6 million), is one of the key phases of the Parallel Roads Project; which extends from the Sheikh Rashid Road to the outskirts of Abu Dhabi.[..]

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SWCC to invest US$ 300 bn by 2025 to boost desalinated water production to 8.4 mn cmd

SWCC to invest US$ 300 bn by 2025 to boost desalinated water production to 8.4 mn cmd

18th September 2014

State-run Saudi Saline Water Conversion Corp (SWCC) plans to invest SR 300 billion (US$ 80 billion) by 2025 to boost energy-intensive desalinated water production to 8.5 million cubic meters per day, the head of the utility has said.SWCC, also Saudi Arabia's second largest power producer, now produces 3.6 million cu m per day of desalinated water, Abdulrahman Mohammed Al Ibrahim told reporters.[..]

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Dubai Silicon Oasis to get first duplex residential building project from SASD

Dubai Silicon Oasis to get first duplex residential building project from SASD

18th September 2014

Sun and Sand Developers (SASD) Group has announced plans to launch the first duplex residential building in Dubai Silicon Oasis.Sunshine Residences, a low-rise, luxury residential development, will consist of 40 three-bedroom, two-floor apartments, along with a range of leisure and health amenities, the company said in a statement.[..]

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Keppel FELS wins US$ 227 mn contract to build Qatar rig

Keppel FELS wins US$ 227 mn contract to build Qatar rig

17th September 2014

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine , has secured a US$ 227 million contract from Gulf Drilling International (GDI) of Qatar to build a repeat high-specification KFELS B Class jackup rig. As part of the deal, GDI has options for two more KFELS B Class rigs for deliveries in 2017.[..]

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