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Aldar Properties was selected to manage two projects in Abu Dhabi

Staff Writer | Aug 15 2022

Ventures Onsite Construction News Update

In the news this week

Aldar Properties selected Hill International for 2 projects

Gazelle Wind Power signed MOU with Ferrofab FZE

Floating offshore wind platform developer Gazelle Wind Power signed a memorandum of understanding (MOU) with UAE based engineering and manufacturing firm Ferrofab FZE to establish a Center for Manufacturing Excellence at the Ferrofab Jebel Ali facility in the UAE. This Center is being established to manufacture a Gazelle hybrid modular offshore wind platform, based on Gazelle’s proprietary technology, that can be scaled to support any make and model of wind turbines, including models upwards of 20MW.

Dubal Holding partnered with Quantafuel and BASF

UAE’s Dubal Holding, the investment arm of the Dubai government in the commodities and mining, power and energy, and industrial sectors, has entered into a partnership with Norway’s recycling company Quantafuel and global chemical company BASF to develop a plastics-to-liquid (PtL) processing plant in Dubai which will have a capacity of 80,000 tonnes a year. Italy’s Saipem has been chosen as the front-end engineering design (FEED) service provider. A final investment decision on the project is expected in early 2023.

QatarEnergy awarded a contract to McDermott International

In Qatar, McDermott International has been awarded a FEED contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project. The new contract is in addition to the awards received by McDermott early this year for the NFS Jackets and Topsides and Pipelines for the North Field Expansion Project (NFXP). The scope of the contract comprises developing FEED studies for offshore and onshore pipelines, cables, and associated facilities.

Mahas Industrial City to establish feed packaging factory

In Oman, Mahas Industrial City has signed a contract with Hassan Al Qaishi Trading Establishment to set up a factory for packaging feed products on an area of 6,000 square meters in the wilayat of Khasab in Musandam governorate. The facility will have three main lines for the production and packaging of livestock and poultry feed with cutting-edge technology and machinery in the production and packaging processes.

Arab Alloys launched an industrial complex for ferroalloys

In Egypt, Arab Alloys has launched the largest industrial complex for ferroalloys in the Suez Canal Economic Zone (SCZone), on an area of 40,000 sqm, in southern Ain Sokhna. The company aims to produce 48,000 tonnes of ferrosilicon. It will also produce silicon manganese as well as silicon metal. The project will take up to 5 years to be completed and expected to cost nearly US$52 Mn. Work is currently underway on the environmental study of the project, and the contracting of furnaces.

Ma’aden net profit hits 85% in the second quarter

Saudi Arabian Mining Company (Ma’aden), the kingdom’s mining champion, has recorded solid results for the second quarter netting an 85% jump in its net profit which surged to hit $1.06 billion, while its sales for the period rose 95% $3.16 billion.  Ma’aden said its growth during the period was driven by increased production volumes from new projects and improved efficiency in existing operations and plans to further invest in production capacity across their current portfolio to meet demand and explore Saudi Arabia’s untapped mineral resources to ensure long-term sustainable growth.

Hill International to provide project management support

Hill International has been selected by Aldar Properties to provide project management support for two projects in Abu Dhabi – Phase One of The Grove Project and Phase Two of Al-Reeman Residences and Reeman Living. “Saadiyat Grove and Al-Reeman will transform the way UAE residents and visitors live, stay, shop, and play. The Grove Project includes the Grove Heart, Louvre Apartments, and the Dunes Villas. Located in Abu Dhabi City, in the Saadiyat Cultural District, the project is said to be within range of several notable attractions, including the Abu Dhabi Louvre, Guggenheim, and Sheikh Zayed National Museum.

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