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Orascom Construction, the region’s leading engineering and construction contractor, said its consortium with smart water management solutions provider Metito has won the contract to develop, own and operate a large-scale seawater treatment and water transportation project in the UAE.
Jointly developed by leading Abu Dhabi entities Adnoc and Taqa, the $2.4 billion project will provide sustainable water supply to Adnoc’s onshore operations, thereby reinforcing the two companies’ positions as responsible energy leaders and emphasizing their Provide long-term value to efforts to drive sustainability initiatives.
The project will replace the oilfield’s current high-salinity deep aquifer water system, reducing water injection-related energy consumption by up to 30%. The project will be connected to the grid, and 100% of the electricity will come from clean energy.
The large-scale project will include a new seawater nanofiltration plant with a daily treatment capacity of more than 500,000 cubic meters, as well as seawater inlet and outlet facilities, pumping stations, 75 kilometers of water pipelines, and more on-site distribution networks. Over 230 kilometers to support reservoir pressure maintenance at Abu Dhabi’s Bab and Bu Hasa fields.
The greenfield project will be financed through a special purpose vehicle (SPV) in which Adnoc and Taqa will jointly hold 51 percent, while the remaining 49 percent will be held by Orascom Construction and Metito (24.5 percent each).
The project will also increase energy efficiency by up to 30% compared to current injection systems and reduce Adnoc’s environmental footprint.
Under the agreement, the Orascom consortium will arrange project financing for the construction phase, develop the project under a build, own, operate and transfer (BOOT) model, and return the entire project to Adnoc after 30 years of operation.
Regarding the key partnership, Abdulmunim Al Kindy, Executive Director Upstream, Adnoc, said: “We are delighted to be working with Taqa and other industry leaders on this strategic project, which will reduce our environmental footprint and help us grow as we continue to decarbonise and future-proof Unlock significant value in our operations”
“The project will improve our onshore energy efficiency by replacing inefficient, highly saline deep aquifer water systems with centralized seawater treatment facilities and transport networks. More than 60% of the project value during the development and operations phase will flow back into Adnoc entry into the UAE economy under the highly successful Domestic Value (ICV) scheme.”
Jasim Husain Thabet, CEO and Managing Director, Taqa Group, said: “As a champion of low-carbon electricity and water, Taqa is delighted to be partnering with Adnoc again, this time by supplying Adnoc’s onshore operations with treated seawater. Sustainable Development Goals for the UAE.”
“As a major utility, Taqa is particularly committed to forming partnerships like this, using our expertise to help advance environmental stewardship while maintaining water security and supporting economic growth,” he added.
Regarding the collaboration, Osama Bishai, CEO of Orascom Construction, said: “We are proud to partner with Adnoc and Taqa to deliver a project that is critical to the sustainable development of the UAE’s oil and gas industry. years ago and has since been instrumental in some of the most complex projects in the field.”
“We are also pleased to strengthen our presence in the UAE as we continue to target strategic projects in the region in various areas where we have developed strong expertise,” Bishai said.
“The project also plays a key role in our growth strategy to pursue infrastructure investments that deliver both construction opportunities and long-term recurring revenue,” he added.
Rami Ghandour, Managing Director of Metito, said: “The UAE is a global hub for innovation and sustainable practices, and this large-scale project is a testament to how technology can be used to revolutionize industry norms and practices to best protect precious water resources and the environment.”
“Over the years, Metito has built a strategic portfolio of large franchise projects and iconic world and industry firsts, which we believe will be a landmark project and a global milestone. We are honored to be part of Among them,” he added.trade arab news agency
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