Abengoa inaugurates the Shuaibah desalination plant in Saudi Arabia – Saudi Arabia Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors, has inaugurated together with its partner Fisia Italiampianti a reverse osmosis desalination plant in the Shuaibah complex, in Saudi Arabia. The Project is the largest desalination plant built by Abengoa to date, with a capacity of 250,000 m3/day. In addition, the Project has already produced 20 million cubic meters of desalinated water since the successful completion of the tests required for the Project. Abengoa inaugurates the Shuaibah desalination plant in Saudi Arabia – Saudi ArabiaDME GmbH2019-07-20T17:26:36+02:00
Acwa Power, Mubadala ink UAQ desalination plant agreement – Saudi Saudi-based Acwa Power, a global leader in water desalination and power generation, said its consortium with MDC Power Holding Company, an entity fully owned by Mubadala Investment Company, has entered into a water purchase agreement with Federal Electricity & Water Authority (Fewa) for a 150-million-gallons-per-day desalination plant to be located in the northern emirate of Umm Al Quwain. Under the terms of the agreement, Fewa will hold 20 per cent of the stake, while Acwa Power and Mubadala will each own 40 per cent of the […] Acwa Power, Mubadala ink UAQ desalination plant agreement – SaudiDME GmbH2019-07-11T17:23:45+02:00
Saudi to privatize 20 desalination and sewage plants – Saudi Arabia Saudi Arabia is planning to privatize 20 water desalination and sewage plants within a strategy to expand the private sector and boost public revenue as part of its Vision 2030 development blueprint, an official was quoted on Tuesday as saying. The projects include 11 water desalination facilities with a combined output capacity of 4.3 million cubic metres per day and 9 sewage plants with a capacity of 1.1 million cubic metres per day, said Abdul Rahman Al-Zughaibi, Undersecretary for Economic and Investment Affairs at the […] Saudi to privatize 20 desalination and sewage plants – Saudi ArabiaDME GmbH2019-07-09T14:20:36+02:00
Houthi missile targets Saudi desalination plant – Saudi The Arab coalition fighting to restore legitimacy in Yemen said on Thursday a projectile launched by Yemen’s Iranian-backed Houthi rebels had landed on Wednesday night near a desalination plant in Al-Shuqaiq in Saudi Arabia, causing no casualties or damage. In a statement carried by the Saudi Press Agency (SPA), the coalition spokesman, Col. Turki Al-Maliki said security forces were working to determine the type of projectile that had been used in the attack. Shuqaiq is in the southwestern Saudi province of Jazan bordering Yemen. Houthi missile targets Saudi desalination plant – SaudiDME GmbH2019-06-20T15:06:59+02:00
FCC, Veolia, Utico in race for Saudi Yanbu-4 water project – Saudi Arabia Ten leading utility developer consortiums led by top global players including FCC, Cobra and GS Inima (from Spain), Suez and Veolia (France) beside Emirati group Utico and Japan’s Marubeni have been prequalified by Saudi Water Partnership Company (SWPC) for the Yanbu-4 independent water project (IWP). The project is being set up in the kingdom’s Yanbu province using reverse osmosis (RO) seawater desalination technology, said senior officials of SWPC (formerly Saudi Water & Electricity Company). According to them, the Request for Proposals (RFPs) has already been been […] FCC, Veolia, Utico in race for Saudi Yanbu-4 water project – Saudi ArabiaDME GmbH2019-06-13T14:47:46+02:00
Saudi Arabia construction contract awards grow 113% to $13bn in Q1 – Saudi Arabia The US-Saudi Arabian Business Council (USSABC) revealed that the value of contract awards in Saudi Arabia grew to $13bn (SAR48.9bn) in Q1 2019, a staggering 113% increase from $6.1bn (SAR23bn) in the same period in 2018, Construction Week reports. According to USSABC’s Contract Awards Index (CAI) report, the total value of contracts covers megaprojects in various sectors, with oil and gas; water; and transportation projects making up 67% of the total value, accounting for $8.7bn (SAR32.6bn). The value of awarded contracts […] Saudi Arabia construction contract awards grow 113% to $13bn in Q1 – Saudi ArabiaDME GmbH2019-05-26T14:55:43+02:00
Acciona reaches $600m financial close on Saudi desalination project – Saudi Arabia ACCIONA, a leading company in the development of water infrastructure, together with Marubeni Corporation, Almar and Rawafid Alhadarah Holding Co., has achieved the financial close for the Shuqaiq 3 desalination plant for a total value of more than $600mn. The transaction involved both Saudi national banking entities and a number of international organizations, reported Utilities Middle East. Saudi banking institutions included Samba and NBC, along with the participation of international players MUFG (Agent), Crédit Agricole, Norinchukin and SMBC, with the agreement reached […] Acciona reaches $600m financial close on Saudi desalination project – Saudi ArabiaDME GmbH2019-05-21T13:14:48+02:00
ACWA Power Signs Strategic Agreements With Three Chinese Entities During the Second Belt and Road Forum – Saudi Arabia ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants has signed strategic agreements with three renowned Chinese entities on the sidelines of the second Belt and Road Forum for International Cooperation (BRF). The agreements with PowerChina, China Gezhouba Group Company (CGGC) and Bank of China will lay the ground for collaboration in key investments and further involve Chinese expertise in manufacturing power generation and desalinated water production plants that ACWA Power develops and operates. ACWA Power Signs Strategic Agreements With Three Chinese Entities During the Second Belt and Road Forum – Saudi ArabiaDME GmbH2019-05-08T15:29:28+02:00
Gulf Consortium Signs Solar PV Power Project Agreements in Oman – Oman A consortium composed of Saudi Arabia-based utility developer ACWA Power, Kuwait’s Gulf Investment Corporation (GIC) and Alternative Energy Projects Company (AEPCo) signed a contract and agreements with the Oman Power and Water Procurement Company (OPWP) to develop a 500-megawatt solar PV power plant in Ibri, Oman. It will be developed on a BOO (build, own, operate) basis, which includes the development, finance, construction and operation of the solar power plant. The project, dubbed Ibri-2 Independent Power Producer (IPP), will be the […] Gulf Consortium Signs Solar PV Power Project Agreements in Oman – OmanDME GmbH2019-05-06T09:18:30+02:00
Why Saudi Aramco sees shale gas as next energy bonanza – Saudi Arabia The world’s biggest oil exporter is ramping up efforts to develop natural gas with plans for a 15-fold boost in output from unconventional deposits of the fuel. Saudi Aramco is building facilities to tap shale gas in the kingdom’s oil-rich eastern region and is making “a lot of progress” toward this goal, CEO Amin Nasser told reporters in Dammam, Saudi Arabia. Plans include a plant to desalinate seawater that Aramco can then inject underground to frack for gas. “We are looking […] Why Saudi Aramco sees shale gas as next energy bonanza – Saudi ArabiaDME GmbH2019-04-29T14:43:14+02:00