Abu Dhabi

Abu Dhabi studying tenders for developing Taweelah desalination plant – Abu Dhabi – UAE

Abu Dhabi’s Department of Energy said on Sunday it was studying tenders for developing the Taweelah desalination plant.

Seven offers were received and opened, the department said in a statement, adding that “it expects to register the lowest production cost of 8.26 dirhams ($2.25) per 1,000 gallons”.

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Desalination plants to open in RAK, Fujairah and UAQ in 2021 – Fujairah – United Arab Emirates

A number of desalination plants producing 511 million litres of fresh water per day will open in the Northern Emirates in 2021.

The three plants will be built in Ras Al Khaimah, Umm Al Quwain and Fujairah by the Federal Electricity and Water Authority and MDC Power Holding Company, which is owned by Mubadala Investment Company.

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(LEAD) Samsung Engineering wins US$3 bln plant order in UAE – Abu Dhabi – UAE

Samsung Engineering Co., a construction unit of Samsung Group, said Tuesday it has received plant orders worth US$3.07 billion in the United Arab Emirates.

Abu Dhabi Oil Refining Company, an affiliate of UAE’s state-run oil firm Abu Dhabi National Oil Company (ADNOC), has placed two separate orders to Samsung Engineering in lump-sum turnkey contracts, the company said in regulatory filings.

The deal calls for the South Korean builder to be in charge of engineering, procurement and construction.

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ADWEA pre-qualifies 25 firms for Taweela desalination project.

Abu Dhabi Water and Electricity Authority (ADWEA) has pre-qualified 25 bidders for its mega desalination project at Taweela.

The new capacity will comprise two reverse osmosis facilities each of 455,000 m3/d at Taweela power and water complex, 45 kilometers north of Abu Dhabi city

The 13 companies to pre-qualify unconditionally are: ACWA Power, Acciona Agua, Aqualia, Cobra, Engie, JGC, Malakoff, Marubeni, Mitsubishi, Suez, Sumitomo, Valoriza, and Veolia.

 

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Emirates SembCorp to announce Fujairah 1 project bond – Fujairah – UAE

The bond would come less than two weeks after the launch of a $3 billion project bond by a subsidiary of Abu Dhabi National Oil Company (ADNOC) which, having attracted orders in excess of $11 billion while it was being marketed, showed investors’ appetite for these issues. Such debt instruments are relatively new financing tools in the Middle East, where projects have traditionally been financed through bank loans because of banks’ high liquidity before oil prices dropped three years ago. Citigroup and HSBC are expected to lead the transaction, said the sources. The desalination plant, called Fujairah 1 Independent Water and Power Plant, is jointly owned by Abu Dhabi Water & Electricity Authority (ADWEA) with a 60 percent stake and Sembcorp Gulf Holding Co, a unit of Singapore’s Sembcorp Industries, with a 40 percent stake. HSBC declined to comment. ADWEA and Citi did not respond to requests for comment.

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