Infrastructure Middle East April 2015

Page 29

TEN KSA INFRASTRUCTURE PROJECTS

ABQAIQ, HAWIYAH & RAS TANURA CO-GENERATION PLANTS PROJECT

DUBA 1 INTEGRATED SOLAR COMBINED-CYCLE PLANT PROJECT

KING ABDULLAH ECONOMIC CITY DEVELOPMENT PROJECT

Owner: Saudi Aramco Budget: $650m Progress: Construction underway

Owner: SEC Budget: $600m Progress: Construction of Phase 1 underway

Owner: Emaar The Economic City Budget: $100bn Progress: Under construction

The project involves Build-own-operatetransfer (BOOT) contract for the construction of three greenfield gas-fired steam plants with a capacity of 900MW of power and 1,500 tonnes/hour of steam in Abqaiq, Hawiyah and Ras Tanura. A consortium of Japan’s Marubeni Corporation, JGC Corporation and local Aljomaih Energy & Water Company was awarded the contract to build and operate the plant for a period of 20 years. Samsung Engineering is the EPC contractor. The Hawiyah plant is expected to be completed by November 2015, while the Abqaiq plant is expected to be completed by January 2016. The Ras Tanura plant is expected to be completed in March 2016 marking the project’s completion.

The project involves an EPC contract to build an ISCC power plant with a capacity of 550MW in the Tabuk region of Saudi Arabia. The plant will primarily burn natural gas but will generate 50MW with the support of solar energy to increase fuel efficiency. Pre-qualified companies have been invited to submit bids for the EPC contract. The project is expected to be commissioned in 2017. US’ General Electric (GE) has been awarded the original equipment manufacturer (OEM) contract for this project. The contract includes 2 F-class gas turbines, a steam turbine, generators, heat recovery steam generators, condenser, control system and a long-term service agreement. The client has set a deadline to submit commercial bids for the EPC contract.

King Abdullah Economic City Development Project (KAEC) is one of the four new cities being built to diversify the Saudi Arabian economy. The City, which will eventually extend to an area of 168km2, comprises of six major elements, including a millennium seaport, an industrial district, a waterside resort, a financial island, a residential district and an educational zone. Though construction work in KAEC started in 2007, only 15% of the city has been developed so far. On the other hand, KAEC’s seaport, King Abdullah Port, is the first privately owned and funded full service commercial port in the Kingdom. The port started operations at the start of 2014, and currently has 700m of quays and a water depth of 18m. Its eight cranes can service large ships and can currently handle 1.3m TEUs.

April 2015

INFRASTRUCTURE MIDDLE EAST

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