Wade Adams unit wins deal for Saadiyat work
UAE-based Hilal Bil Badi & Partners Contracting Company (Hilalco) says it has been awarded a contract by Aldar Properties to provide infrastructure works at Saadiyat Lagoons District, a 6-million-sq-m nature-inspired, mixed-use development in Abu Dhabi.
Hilalco is a group company of Wade Adams, a leading family of construction and engineering companies across the GCC.
Saadiyat Lagoons District features residences, extensive parks and lakes, and diverse community facilities including pathways for walking, running, cycling, and horse riding.
The contract will see Hilalco complete early works at the Zayed National Museum Development and Central Precinct Area, arterial roads at Lagoons and a traffic control system fibre-optic cable network in addition to remaining infrastructure works at Saadiyat Cultural District, according to Hilalco.
The infrastructure scope of work includes roads, earthworks, networks for potable water, storm water, sewage and district cooling, irrigation works, power works (medium voltage, low voltage and fibre-optic cables), streetlighting, telecom and fibre communication network, natural gas works, public realm works, access roads and utility connections, it adds.
Adnoc bars Petrofac from new work
Petrofac, a global provider of oilfield services, has announced that it has been notified by the Abu Dhabi National Oil Company (Adnoc) Group of the UAE that it has been suspended from competing for new awards until further notice.
This follows the SFO’s (Serious Fraud Office) announcement of additional pleas in January by a former Petrofac employee under the Bribery Act 2010 in relation to historic contract awards in the UAE in 2013 and 2014, Petrofac said.
Petrofac will continue to execute two engineering, procurement and construction (EPC) projects for Adnoc currently under construction. Adnoc has stated that it recognises the long-standing nature of its relationship with Petrofac and has confirmed that its decision will be reviewed on a periodic basis.
Meanwhile, Adnoc has announced that its shipping and maritime logistics arm, Adnoc L&S, has acquired all of the UAE-based assets of Speedy Hire, a leading UK-based company providing tools and equipment hire for the oil and gas, construction and industrial sectors.
As per the agreement, Adnoc L&S will take ownership of Speedy’s equipment, stock and other fixed assets relating to its Middle East business, the company said.
The strategic buy will add more than 2,000 pieces of equipment, including cranes, forklifts, firetrucks and other high-value machinery used for offshore and onshore material handling services, to Adnoc L&S’ asset base.
It involves a transitional services agreement with Adnoc L&S for up to four months, to support the transfer of assets. During this time, Speedy’s UAE-based employees will be on boarded by Adnoc L&S at its Mussafah offshore logistics base.
A major global player, Speedy currently has close to 600 employees within the UAE. It has become one of the leading material handling operators for the oil and gas sector in the Middle East since 2012 and currently provides integrated logistics solutions from its four bases in the UAE. The synergy between Speedy’s assets and Adnoc L&S’ logistics expertise is expected to result in greater efficiencies for its global clientele.
Adnoc L&S CEO Captain Abdulkareem Al Masabi says: “The assets we are acquiring will strengthen the integrated logistics services that we provide and deepen our offering within oil and gas logistics.”
L&T Construction wins Qatar order for 400 kV line
India’s top engineering and construction conglomerate Larsen & Toubro (L&T) says one of its units, Power Transmission & Distribution, has won a major substation contract from Qatar.
As per the deal, L&T’s Power Transmission & Distribution unit will install 400-kV equipment in a bid to help improve grid stability and enable use of existing switchgear without major replacements.
In addition, L&T has won a slew of orders across its spectrum of offerings in India including two engineering, procurement and construction (EPC) orders to establish more than 400 MW solar photovoltaic projects in Gujarat, a 765-kV double-circuit transmission line in Rajasthan. It also clinched orders from West Bengal for installation of high voltage distribution systems in certain districts on a turnkey mode and another order to construct 220 kV and 132kV transmission lines in the state.Its business unit also sealed a 400-kV substation order from Tamil Nadu.
A $21-billion technology, engineering & construction conglomera, L&T is ranked among the world’s top 30 contractors.