12-06-2013
Essar Projects secures US$90M contract in Abu Dhabi
Essar Projects, a global Engineering, Procurement and Construction contractor headquartered in Dubai, today announced that it has secured another two orders worth US$90 million, one from Abu Dhabi Polymers Company Limited and the other from Abu Dhabi Gas Industries Limited.
The company has now secured a total of five projects in Abu Dhabi in recent times amounting to US$170 million, helping Essar Projects augment its presence in the competitive Middle East market. Of these five projects, three have been directly awarded on EPC basis to Essar Projects Limited. With this the order book of Essar Projects Limited has swelled to over US$3.5 billion.
Mr Alwyn Bowden, President & CEO, Essar Projects, said, “This is another step forward for Essar Projects in the region, underpinning our strategy to secure strong projects in our core sectors and to deliver real long-term value to our key customers.”
Borouge has awarded a direct contract to EPL involving engineering, procurement and construction of process equipment, associated pipelines and control systems for PE Color Grade Compounding (CGC) plant in Ruwais to be completed in a time frame of 22 months.
The second order worth US$55 million from Abu Dhabi Gas Industries Limited (GASCO) involves EPC and Commissioning (EPCC) of 24 inches x 110 km condensate pipeline from Habshan to Ruwais in Abu Dhabi. The project needs to be completed in 26 months.
Commenting on the development, Mr Amit Gupta, CEO, Hydrocarbons SBU, Essar Projects, said, “It is a real achievement to have secured these projects in the highly cost competitive hydrocarbons sector in the region and Essar Projects is very clear in its commitment to take this achievement to further higher levels in the future.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
MOL inaugurates its polyol complex in Tiszaújváros
MOL's EUR 1.3 billion polyol complex in Tiszaújváros, boasting a capacity of around 200,000 tonnes of polyol per year, has been inaugurated. The ceremony, addressed ...
15-05-2024
-
NEXTCHEM completes the acquisition of GasConTec
Further to the announcement made on 4 March 2024, MAIRE announces that NEXTCHEM has finalized the acquisition of 100% of GasConTec GmbH, an innovative company specialized ...
15-05-2024
-
KBR awarded digital solutions contract by OCI
KBR announced today it has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes ...
13-05-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024