Saudi

SWPC signs project agreement for Yanbu 4 IWP with Engie-Mowah consortium – Saudi Arabia

Saudi Arabia has signed project agreements for Yanbu 4 Independent Water Plant (IWP), a seawater desalination facility to be developed using reverse osmosis (RO) technology, with a consortium comprising of Engie, the French multinational utility group, and a local water desalination company, Mowah.

According to a statement from Saudi Water Partnership Company (SWPC), the RO seawater desalination plant will come up in the Badr Governorate, in the Madinah region. It will have a production capacity of 450,000 cu m/day, once complete.

Located on the Kingdom’s Red Sea coast, the new plant will feed potable water to the Makkah and Madinah regions. Yanbu-4 IWP will also include solar energy units that will reduce the electricity consumption from the grid.

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GCC leading the world in water desalination efforts – Asia

The GCC is leading the world in desalination with the UAE and Saudi Arabia being market leaders, according to data published ahead of the second edition of MENA Desalination Projects Conference which will take place on March 10, 11 in Abu Dhabi.

In Oman, desalination market has been expanding by 5 per cent per year. The country has a total of nine large desalination plants, plus 47 small plants all of which supply about 86 per cent of the country’s potable water.

GCC countries have the highest global water desalination capacity of 81 per cent, producing around 40 per cent of the total world water desalination. Saudi Arabia is responsible for about one-fifth of the global production and leads the world in the volume of desalinated water it produces which makes up 50 per cent of its water consumed. The country is the largest desalination market in the world producing around 4mn m3 of desalinated water per day, and approximately US$80bn is expected to be invested in new projects over the next 10 years.

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GCC Countries Leading the World in Desalination with Around 40% of Total – UAE

 The GCC is leading the world in desalination with the UAE and KSA being market leaders, according to data published ahead of the second edition of MENA Desalination Projects Conference taking place on 10-11 March 2020 at Jumeirah Etihad Towers, Abu Dhabi.

GCC countries have the highest global water desalination capacity of 81%, producing around 40% of the total world water desalination.  KSA is responsible for about one-fifth of global production and leads the world in the volume of desalinated water it produces which makes up 50% of its water consumed.

The country is the largest desalination market in the world producing around 4 million cubic meters of desalinated water per day, and approximately $80 bn is expected to be invested in new projects over the next 10 years.

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Saudi Arabia to invest $110bn in Al Jafura unconventional gas field – Saudi Arabia

Saudi Arabia’s oil giant Aramco is planning to invest $110 billion (Dh404bn) to develop unconventional gas reserves in the Al Jafura field in the eastern region of the kingdom, the state-run news agency reported on Saturday.

Development of the field is expected to generate over a period of 22 years a net income of $8.6 billion annually for the government and contribute an estimated $20bn to the country’s gross domestic product, Saudi Arabia’s Crown Prince Mohammed bin Salman said, according to Saudi Press Agency (SPA).

Prince Mohammed directed that the field’s gas production be allocated as a priority to domestic sectors such as manufacturing, electricity, water desalination and mining to keep pace with growth rates outlined by Vision 2030 economic transformation programme, SPA said.

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Engie consortium preferred bidder for Saudi Yanbu project – Saudi Arabia

Saudi Water Partnership Company (SWPC) has announced that a consortium comprising French multinational utility group Engie and local water desalination company Mowah has emerged the preferred bidder to build a major desalination plant in the Yanbu region of Saudi Arabia.

One of the kingdom’s ambitious projects, Yanbu-4 IWP will be using reverse osmosis (RO) seawater desalination technology and on completion will boast a potable water capacity of up to 450,000 cu m per day, stated SWPC (formerly Saudi Water & Electricity Company).

As per the deal, the Engie consortium will be responsible for the development, design, financing, construction, commissioning, operation and maintenance of the desalination plant which will come up near the town of Ar Rayyis (140 km west of Madinah).

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Saudi Arabia signs $426.5mn bridge finance deal for desalination plants – Saudi Arabia

Saudi Arabia’s Minister of Environment, Water, and Agriculture, and the chairman of the General Authority for Salt Water Desalination, Eng Abdul Rahman bin Abdul Mohsen Al-Fadhli, has inked the kingdom’s first commercial ‘bridge’ financing agreement with local banks worth $426.5m (SAR1.6bn) to improve the utilisation of assets and increase the efficiency of Phase 1 of the Jubail desalination plant and Stage 2 of the Al Khobar project.

The agreement, which was made in coordination with the National Center for Debt Management, will see the two projects replace current thermal technologies with modern reverse osmosis technologies at a capital cost of approximately $959.5m (SAR3.6bn).

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Solar Dome Desalination Plant for Saudi Arabia Coming Soon – Saudi Arabia

Access to clean, potable water has always been a problem in countries like Saudi Arabia. The climate and surrounding desert make it nearly impossible to locate overland sources of freshwater.

The Gulf of Arabia’s seawater would provide a ready supply, but the desalination process would be both costly and consume large volumes of energy, making it untenable.

British startup Solar Water believes it has a solution. By employing a dome that harnesses solar power to perform desalination, it thinks it has an energy-efficient method of providing drinking water to Saudi Arabia. The NEOM gigaproject will be the first location in the world where this technology is being tried.

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Saudi SWCC secures $430mln bridge financing from local banks – Saudi Arabia

Saudi Arabia’s Saline Water Conversion Corp (SWCC), which operates desalination plants and power stations in the kingdom, has signed a 1.6 billion riyals ($430 million) bridge financing agreement with local banks.

The financing aims to improve the utilization of assets and increase the efficiency of desalination plants Jubail 1 and Khobar 2, double their daily production, and achieve savings on energy and operational costs of up to 1.25 billion riyals ($ 330 billion) annually, SWCC said.

The financing was provided by Banque Saudi Fransi and Saudi British Bank (SABB) and with the support of the financial consultant of the company HSBC Saudi Arabia, the corporation said in Arabic through its official twitter account.

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Saudis Plan ‘Solar Dome’ Desalination Plants at Neom Mega-City – Saudi Arabia

Saudi Arabia plans to use a new solar technology to desalinate seawater at Neom, a mega-city that it’s developing along the country’s northern Red Sea coast.

Neom will have the world’s first “solar dome” desalination plants, which it said will produce no carbon emissions and create less brine than facilities using conventional reverse osmosis technology, according to a statement.

The solar dome plants will also process drinking water more cheaply than conventional plants, at 34 cents per cubic meter, Neom said.

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Acwa Power, Sabic partner to boost local energy content – Saudi Arabia

Acwa Power, a leader in power generation and water desalination projects, has signed with an agreement with Saudi Basic Industries Corporation (Sabic) for pursuing opportunities to enhance local content in Saudi Arabia.

The memorandum of understanding (MoU) was signed by Thamer Al Sharhan, managing director at Acwa Power and Fuad Mosa, VP of Local Content & Business Development at Sabic.

The partnership is in alignment with Acwa Power’s commitment to play a leading role in developing and promoting local content and establishing end-to-end Saudi value chain for all its activities and projects in the Kingdom.

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