$300m Pipeline Factory to be Built in Abu DhabiSource: www.gulfoilandgas.com 8/16/2015, Location: Middle East
Abu Dhabi Ports, the master developer, operator and manager of ports and industrial zones in the Emirate, has signed a standard Musataha agreement (SMA) with Al Gharbia Pipe Company to open a new pipe manufacturing facility at Khalifa Industrial Zone Abu Dhabi (Kizad). The state-of-the-art facility will cater to the region’s oil and gas industry, manufacturing high quality, sour grade Longitudinal Submerged Arc Welding (LSAW) steel pipes.
The SMA will see Al Gharbia Pipe Company invest a projected total of 1.1 billion, with their new facility requiring a plot size of 200,000 square metres. Al Gharbia Pipe Company, a joint venture between Senaat, one of the largest industrial holding companies in the UAE, and two of Japan’s leading steel firms, JFE Steel Corporation and Marubeni-Itochu Steel Inc. (MISI), expects the facility to be completed by March 2018. The plant will employ over 370 staff and produce up to 240,000 tons of steel pipe a year,
“The exceptional infrastructure and transportation network offered by Kizad will make a significant difference to Al Gharbia’s business operations,” said Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports.
“The new facility will create business opportunities and jobs in the Emirate, directly supporting Abu Dhabi’s vision of a diversified economy”, he added.
Al Gharbia Pipe Company will utilise Kizad’s Modular Path, integrated with Abu Dhabi’s highway network to enable the movement of large loads and structures to the city and throughout the rest of the Emirate and region as a whole.
Eng. Jamal Salem Al Dhaheri, Acting Chief Executive Officer at Senaat, predicts the agreement will provide for significant supply chain efficiencies
“By housing our production facilities at a strategic location like Kizad, we will be able to utilise a range of world-class services and infrastructure which will allow us to improve delivery time and service to our customers in the region” he said.
Takafumi Nishiuma, Vice President of JFE Steel stated “With the ongoing growth of the oil and gas sector in the region, the demand for high-quality steel pipes is expected to expand steadily. We see huge opportunities in this market and in particular in the UAE.”
Eng. Tariq Al Wahedi, Senior Vice President -Projects and Business Development at Senaat, added “The new agreement allows us to better serve our current and prospective clients, in Abu Dhabi and the region as a whole.
Our investment is in line with our commitment to Abu Dhabi’s economic diversification and strengthening. Establishing our facilities in Abu Dhabi will create opportunities for both businesses and individuals throughout the Emirate”
Pipes News in United Arab Emirates >>
United Arab Emirates >> 2/18/2018 - On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas com...
Oman >> 2/15/2018 - Saipem has been awarded a new contract in the onshore E&C sector worth approximately USD 750 million. Work involves engineering, procurement, construc...
Kuwait >> 2/13/2018 - EQUATE Group, a global producer of petrochemicals, proudly announces that 34 Kuwaiti operations technologists have joined the company’s growing team o...
Saudi Arabia >> 2/12/2018 - Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its mega-projects in the Kingdom of ...
United Arab Emirates >> 2/7/2018 - A US $3.1 billion project to introduce crude processing flexibility, at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais oil refinery, was anno...
United Arab Emirates >> 1/31/2018 - His Excellency Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has held a series of meetings with government and corporate leaders in B...
Pipe Cleaning Equipment
Pipe Drilling and Tapping
Pipe Inspection & Testing Equipment
Pipe Lining, coating & insulation
Pipe Locating Equipment
Pipe, Casing & Tubing
Pipeline Heating Equipment
Stainless Steel rods
Related Articles: Anchors General Hydraulic Hoses Pigs Pipe Cleaning Equipment Pipe Drilling and Tapping Pipe Inspection & Testing Equipment Pipe Lining, coating & insulation Pipe Locating Equipment Pipe Repair Pipe, Casing & Tubing Pipeline Heating Equipment Piping Accessories PVC Pipes Rubber Hoses Stainless Steel Stainless Steel rods Steel Pipes
|United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 ||