Ghasha Concession $1.36 Billion Contract for NMDC

Image source: ADNOC

Abu Dhabi National Oil Company (ADNOC) has awarded a $1.36 billion dredging, land reclamation and marine construction contract to the UAE’s National Marine Dredging Company (NMDC) for the construction of the Ghasha Concession Artificial Islands. 

Under the agreement, NMDC will construct 10 new artificial islands and two causeways, as well as expand an existing island – Al Ghaf.

This capital development project is expected to take 38 months to complete and will provide the infrastructure required to further develop, drill and produce gas from the sour gas fields in the Ghasha Concession.

At peak construction, the project is expected to employ over 3,500 people.

The award was signed by Abdulmunim Al Kindy, ADNOC Upstream Executive Director, and Yasser Zaghloul, NMDC CEO, and was witnessed by Dr. Sultan Ahmad Al Jaber, Minister of State and ADNOC Group CEO, and Mohammed Thani Murshed Al Rumaithi, Chairman of NMDC.

Commenting the latest news, Dr. Sultan Al Jaber, said: “As one of the world’s largest sour gas projects it will make a significant contribution to the UAE’s objective to become gas self-sufficient and transition to a potential net gas exporter.”

The Ghasha Concession consists of the Hail, Ghasha, Dalma, Nasr and Mubarraz offshore gas fields.

Image source: ADNOC

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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