NMDC, Stevin Rock Sign $113 Million Rock Supply Deal

Image source: NMDC

The Abu Dhabi based National Marine Dredging Company (NMDC) has awarded a $113 million contract to Stevin Rock for the supply of rock to ADNOC’s Ghasha artificial island construction project.

Last month, ADNOC awarded a $1.4 billion deal to NMDC for the construction of artificial islands to develop, drill, and produce gas from the Ghasha offshore concession.

The project entails building ten new islands, two new causeways, and expanding an existing island.

NMDC said in their latest release that the Stevin Rock deal would serve almost eight percent of the in-country value of the total contract awarded by ADNOC.

The contract was signed by Yasser Zaghloul, NMDC CEO, and Naser Bustami, Stevin Rock Director.

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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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