Thank you for reading the news about Aramco’s Wa’ed Ventures leads French AI firm Alteia’s funding round and now with the details
Jeddah - Yasmine El Tohamy - MENA Project Tracker — Petrofac contract extended; ASHGHAL requests pre-qualification document
RIYADH: Iraq has approved a project to build a $50 million industrial city in tandem with its post-war reconstruction initiative, reported Zawya.
Located in the center of the Najaf Governorate, the new city will stretch over 9.5 sq. km, and encompass many different industries such as petrochemicals, lubricants, glass and detergents.
“This project will provide 5,000 jobs to Iraqis and its cost could exceed $50 million…we have received cabinet approval and have already selected a contractor,” said Dirgham Kiko, chairman of the Najaf Investment Commission.
It is expected to be completed within two years.
Petrofac’s contract extended in the Haliba oil field
UK-based Petrofac will continue supporting operations at the Haliba oil field in Abu Dhabi for the next two years, according to an agreement with Al-Dhafra Petroleum — a subsidiary of Abu Dhabi National Oil Co. Group.
Al-Dhafra Petroleum originally selected Petrofac for this contract in September 2019, reported MEED.
ASHGHAL requests pre-qualification documents
Qatar’s Public Works Authority has requested prequalification documents for four construction contracts that make up the South of Wakrah and New District of Doha pumping station and outfall scheme, reported MEED.
The contract has been tendered since mid-August, and bids will be closed by Oct. 23.
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