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News in brief

01 February 2020

SNC-Lavalin wins Al Dhafra Petroleum contract

SNC-Lavalin has been awarded an engineering services contract by Al Dhafra Petroleum, a joint venture company between Adnoc and the Korea National Oil Corporation and GS Energy.

Under the nine-month agreement, SNC-Lavalin will provide front-end engineering and design (FEED) services for the second phase of the Haliba field, located in Al Dhafra Petroleum’s concession area. The project’s aim is to develop surface facilities in an optimised manner to handle long-term production as well as future production prospects near Haliba.

The contract’s scope of work includes verification of the conceptual studies and design, carrying out FEED to develop surface facilities required for processing production from the main plant and its north and south extension areas, execution planning, and designing facilities to handle production from other close-by prospects.

“This contract is aligned with our focus to leverage our extensive expertise and experience across our comprehensive spectrum of end-to-end services to our clients,” says Craig Muir, president, resources at SNC-Lavalin. “We are committed to delivering the highest quality services to our client and help them achieve their objectives. Our teams will ensure we bring the technical knowhow, agility and innovative solutions that we are known for to this project.”

Al Dhafra Petroleum was established in 2014 as an Adnoc joint venture company with the Korean National Oil Corporation and GS Energy, to explore and develop untapped fields in its concession area by leveraging innovation and an agile operating model to improve efficiency and maximise value. Its goal is to unlock hydrocarbon resources in the emirate and drive a more profitable upstream business in line with Adnoc’s 2030 Smart Growth Strategy.

Orascom adds $770m of new awards to backlog in Q4

Egypt-based Orascom Construction, a leading global engineering and construction contractor, says it has added approximately $770 million of new awards to its backlog in the fourth quarter (Q4) of 2019.

This brings total new awards in FY 2019 to $3.5 billion, marking an increase of 50 per cent year-on-year (y-o-y) and underscoring the group’s success in adding wide-ranging, well-funded projects while maintaining its selective criteria.

Projects in Egypt comprised 70 per cent of new awards during Q4 2019 across market segments including infrastructure, healthcare, logistics and roads. New awards in the US, which accounted for the balance, mostly consisted of projects in the group’s core student housing, commercial and data centre sectors. The estimated consolidated backlog stood at $5.2 billion as of December 31, 2019 compared to $4.3 billion as of December 31, 2018.

Salini Impregilo to become WeBuild

Salini Impregilo’s board has approved “WeBuild” as the new name for the group, which will be proposed at the next shareholders’ meeting.

According to the Italian construction and engineering firm, the name clearly evokes the company’s vision, accompanied by a strong and direct verb, – “build” – that represents the DNA of a construction company that builds large complex infrastructure in addition the values solidity, quality and partnership which in the word “we” express the fundamental role played by people and teams, to create a business environment where sustainability and safety play an increasingly significant role, the company says.

The group’s promise for the sector, “to build value”, has been kept, linking this definition to the already existing heritage of the brand of Salini Impregilo Group, and its payoff, and the name of the proprietary digital magazine We Build Value, first published in 2015.

Salini Impregilo’s projects in the region include the Sheikh Zayed Grand Mosque in Abu Dhabi and Kingdom Centre in Riyadh. It is currently involved on landmark developments such as the Meydan One Mall in Dubai, Riyadh Metro and Al Bayt Stadium in Qatar.

CGC unit awarded Abu Dhabi Future Schools project

Combined Group Contracting’s (CGC) units in the UAE have won a contract to establish Phase 8 Package 4 of the Abu Dhabi Future School programme

The developer of the project is Abu Dhabi General Services (Musanada) for the Department of Urban Planning and Municipalities. The project value is Dh240.46 million ($65.47million) and it will be completed in 600 days.

Earlier, Combined International Real Estate Company, a subsidiary of CGC, won the development of a commercial centre in the city of Jaber Al Ahmad in Kuwait in a joint venture with a local partner.

Part of the Jaber Al-Ahmad Residential City project, the project is one of the partnership projects between the Public Authority for Housing Welfare and the private sector. It includes the development of a business centre and commercial space with a total area of 145,329 sq m.