Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

  • DIAMOND SPONSOR

OIL AND GAS NEWS

Acciona breaks ground on big Saudi desalination plant

Oct 6, 2019 11:58 AM

Acciona a leading company in the development of water infrastructure has laid the foundation stone for IWP (independent water project) Shuqaiq-3 being developed in co-ordination with Marubeni Corporation...

Acciona, a leading company in the development of water infrastructure, has laid the foundation stone for IWP (independent water project) Shuqaiq-3, being developed in co-ordination with Marubeni Corporation and Almar Water Solutions through Abdul Latif Jameel CDC and Rawafid Alhadarah Holding Company.

Located on the Red Sea coast, IWP Shuqaiq-3 is one of the largest desalination plants in Saudi Arabia, said a statement from the Spanish group.

The project's EPC (engineering, procurement and construction) stage is scheduled for completion in 2021, it stated.
 
Once operational, the reverse osmosis (RO) plant will boast a capacity of 450,000 cu m drinking water per day, said senior company officials at the foundation stone laying ceremony.

It was attended by several top representatives and officials from Spain including the Councillor for Economic and Financial Affairs of the Spanish Embassy in Riyadh, José Ramón Ferrandis Muñoz besides José Díaz Caneja, CEO of Acciona Agua business line; Jesús Sancho, Acciona ME Managing Director and Manuel Manjón, Acciona Business Development Director.
 
As several countries in the Middle East region are aligned with the international protocols on climate change and carbon emission reduction, it is an increasingly important priority to ensure a sustainable and cost-effective potable water supply, stated the officials.

A leading supplier of sustainable infrastructure solutions and renewable energy projects worldwide, Acciona said its offer covers the entire value chain, from design through construction to operation and maintenance.

Shuqaiq-3 will guarantee the supply of drinking water to more than 1.8 million citizens, and thus contribute to the economic and industrial development of the kingdom, it stated.

Additionally, Shuqaiq-3 represents an important milestone both at the economic and at the social responsibility level, as it is one of the largest desalination plants in the world and it will create several thousand jobs from the start of construction until the end of the 25-year concession, said the statement from Acciona.

As part of the project's social outreach measures, in the first few years the consortium will offer academic and practical training to residents in the area to nurture the development of water industry professionals in a region so in need of projects of this kind, it stated.
 
The Spanish group's aim is to lead the transition to a low-carbon economy, by applying criteria of quality and innovation processes to all its projects.

The project is seamlessly aligned with the “2030 Vision” of Saudi Arabia since it involves a great deal of Saudi content and has, as its objective, the increase of private investment and local employment opportunities, it added.-TradeArabia News Service

OIL AND GAS NEWS

$5bn green hydrogen, ammonia facility planned in NEOM Jul 7, 2020 15:26 PM

Air Products in conjunction with Acwa Power and NEOM announced the...

Taqa announces financial closing of $1.14bn gas-fired power plant Jul 7, 2020 09:37 AM

Abu Dhabi National Energy Company (Taqa) announced on Tuesday the...

Cortec’s BioPad earns USDA Certified Biobased content label Jul 7, 2020 08:17 AM

BioPad became yet another name in a long line of Cortec corrosion...

Qatar begins ICV evaluation in energy sector tenders Jul 7, 2020 07:54 AM

Qatar Petroleum has commenced an In-Country Value (ICV) evaluation...

ADGM, Irena in deal to promote sustainable finance Jul 6, 2020 18:44 PM

Abu Dhabi Global Market (ADGM) said it has signed a MoU with the...

IOC Mideast plans JV for LPG business in Bangladesh Jul 6, 2020 10:01 AM

Dubai s IOC Middle East a wholly-owned subsidiary of Indian Oil...