Construction Industry News

Dewa opens Dhs.1 Billion Dubai solar park phase 2 tender

16th April 2014

During the first day of Dubai Water, Energy, Technology and Environment Exhibition (WETEX) 2014, in Dubai on Monday, Saeed Mohammad Al Tayer, MD and CEO of Dewa announced the tender opening for the expansion project of the solar park. Dubai Electricity and Water Authority (Dewa) opened the estimated Dhs.1 billion tender for developers to begin the second phase of Mohammad Bin Rashid Al Maktoum Solar Park. Phase two of the project will see the next stage of construction of a 100-megawatt installation to be built in public private partnership with Solar First.[..]

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Nakheel issued design and build tender for The Boardwalk

16th April 2014

Nakheel issued tender for the design and build of its planned 11km boardwalk in Dubai's Palm Jumeirah. The six-metre wide Boardwalk will run the entire length of the island’s protective crescent and is designed to turn the area into a top location for walking, shopping and dining. It will feature two 100-metre piers, stretching into the waters of the Arabian Gulf at both ends. Nakheel will create The Boardwalk by building over the rocks of the Palm’s breakwater.[..]

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KNPC to invest US$35 Billion in next five years

16th April 2014

Kuwait National Petroleum Company (KNPC) will invest USD 35 billion in expanding and development projects in the coming five years, said the company's Chief Executive Officer Mohammad Ghazi Al-Mutairi as reported by Kuwait News Agency.[..]

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Landmark Aladdin City project planned for Dubai

16th April 2014

The emirate of Dubai announced a new landmark project named Aladdin City, the design of which has been inspired by the tales of Sindbad and Aladdin. The project comprises three towers-a hotel and two commercial towers which will be built in the air space above the Dhow Wharfage in Dubai Creek between the Dubai Chamber of Commerce and Al Maktoum Bridge.[..]

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Samsung Engineering signs US$3.8 Billion Kuwait clean fuels contract

14th April 2014

Samsung Engineering has signed the contract for the Kuwait Clean Fuels Project worth approximately $3.8bn. Samsung has a 42.9% stake in a consortium that won one of two packages to upgrade the Mina Abdullah refinery alongside partners Petrofac (which has a 46.9% stake) and CB&I Netherlands (10.2%). Its element of the contract is worth $1.62bn.[..]

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Siemens Energy secures order for Saudi Rabigh power plant

14th April 2014

Korean construction company Samsung C&T recently awarded a contract to Siemens Energy to provide it with six gas turbines, three stream turbines and nine generators for Rabigh 2 IPP combined-cycle power plant in Saudi Arabia, as reported by Arab News.[..]

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Laffan Refinery 2 Stone Laying Ceremony held under the patronage of His Highness the Emir

14th April 2014

His Highness the Emir Sheikh Tamim bin Hamad Al Thani, formally laid the foundation stone for Laffan Refinery 2 (LR2) at a special ceremony held earlier this month at the Qatar National Convention Centre in Doha.  LR2 will effectively double the condensate refining capacity of the Laffan Refinery to 300,000 barrels per day, solidifying the country’s unique position as the largest condensate producer with the largest condensate refining capacity in the world.
The LR Project aims to build a bridge between present and future generations by optimizing Qatar’s natural resources and fostering sustainable growth.  Government ministers, key executives and honored guests also attended the ceremony.
LR2 is a joint venture between Qatar Petroleum, Total, Idemitsu, Cosmo, Marubeni and Mitsui.  LR2, like LR1, will be operated by Qatargas Operating Company Limited (Qatargas) and the construction works are scheduled to be completed by the third quarter of 2016.
On this occasion, H.E. Dr. Mohammed bin Saleh Al-Sada, Ministry of Energy & Industry stated that the new refinery represents another step on the path to achieving the Qatar National Vision conceived by His Highness the Emir Sheikh Tamim bin Hamad Al Thani, the objectives of which, are being achieved day after day.
H.E Dr. Al-Sada said during his speech at the ceremony: “This refinery is part of an integrated development programme being implemented by all active parties in the energy and industry sector in Qatar to enhance our capability to fulfill diverse energy needs.”  He added that the new refinery will create added value and new economic opportunities by enhancing our export capacity and fulfilling long term needs of international markets.
H.E Dr. Al-Sada concluded his speech stating: “We in the energy sector and in Qatar Petroleum in particular, are fully committed to utilizing our hydrocarbon resources and employing the huge potential of our petrochemical and manufacturing industries to achieve the growth and development that our beloved country and its wise leadership aspire to.”
“Qatargas is grateful for the confidence placed in us by the shareholders as we initiate the Laffan Refinery 2 project,” said Sheikh Khalid bin Khalifa Al-Thani, Chief Executive Officer of Qatargas.  “Over the years, Qatargas has successfully delivered a series of world class projects that uphold our commitment to technical and operational excellence while maintaining the highest environmental standards.  Once again we bring together industry leading partners to stimulate further economic growth for the country and deliver increased value to our people and shareholders.”
“As part of Qatar Petroleum’s vision and mission we are paying special attention to the development of the downstream petrochemical and refining sector with the clear objective of creating additional opportunities for the production of intermediate and derivative products to satisfy the increasing domestic demand and create new markets for the country,” said Mohammed Bin Nasser Al-Hajri, Qatar Petroleum Director of Downstream Ventures.  “We value our partnership with Qatargas and the various stakeholders.  We look forward to continuing our collaboration on joint projects which foster sustainable growth.” “With our track record of operating multiple projects safely, reliably and efficiently over the years, we are pleased to have been entrusted to deliver and operate LR2,” remarked Salman Ashkanani, Qatargas Chief Operating Officer - Refinery Ventures.  “Upon its completion, Qatar will have the capacity to process approximately 40 percent of the condensate from the North Field.  This significant achievement will be a catalyst for further economic stability.”
The Laffan Refinery processes condensate, an associated product to natural gas production that is refined into a number of high-quality products which can be used as lower emission fuels and feedstock for petrochemical production.  All products will be hydro-treated to reduce the content of sulfur, meeting the most stringent quality standards. The LR2 project, located at Ras Laffan Industrial City, will add to Qatargas’ integrated value chain and will generate revenue from supplying the refined products into domestic and export markets.
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RTA to build 19 footbridges in Dubai

14th April 2014

The Board of Directors of the Roads and Transport Authority (RTA) has endorsed a plan to construct 19 pedestrian bridges in 2014 and 2015 in various parts of Dubai.  As per the plan, seven bridges will be constructed in 2014 while the remaining 12 bridges will be built next year.[..]

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