Hyflux wins deal to build desal plant in Saudi Arabia
SINGAPORE, January 20, 2016
Hydrochem Saudi, a wholly-owned subsidiary of Hyflux Group, has been awarded a contract by a subsidiary of Saipem, to design, manufacture and supply a desalination plant in Khurais, Saudi Arabia.
The project value is approximately $50.4 million.
“This win underscores Hyflux’s growing presence in the Middle East region and our expertise in designing high-specification plants for industrial customers,” said Olivia Lum, executive chairman and group CEO of Hyflux.
The Khurais oil field is located approximately 150 km northeast of Riyadh. Italian group Saipem is the engineering and construction contractor for the project to boost the daily production capacity at the Khurais central processing facility by 300,000 barrels of oil from the current 1,200,000 barrels.
The contract is to be fulfilled over one year, and is expected to contribute to the financials of Hyflux for the financial year ending December 2016. – TradeArabia News Service