GE has been awarded a contract worth almost US$1bn (Dh3.7bn) to design and build gas turbines for a new power plant at Waad Al Shamal in northern Saudi Arabia.
The combined cycle power plant is being built for Saudi Electricity Company and will support the development of the $7.5bn phosphate mining complex under construction for a joint venture between Saudi Arabian Mining Company, Maaden, The Mosaic Company and Saudi Basic Industries. Once complete, the complex will be one of the biggest integrated phosphate fertiliser production sites in the world.
GE said its 48-month contract involves the delivery of the power plant, including four heavy duty gas turbines and one steam turbine. It will produce 1,390 megawatts, which is enough to power more than 500,000 Saudi homes.
Most of the turbines will be manufactured in GE’s plant at Greenville in South Carolina in the US, but one will be assembled at GE’s new technology centre at Damman in Saudi Arabia’s Eastern Province. GE’s Middle East and North Africa president and chief executive of gas power systems, Mohammed Mohaisen, said: “Waad Al Shamal brings significant value to the Kingdom by strengthening the northern grid and through its potential to energise the local industrial sector. By installing a gas turbine that is fully assembled at GE’s centre in Dammam, we are delivering on our commitment to provide stronger localisation support to our partners.”
Ziyad Al Shiha, the chief executive of Saudi Electricity Company, said: “We continue to strengthen the Kingdom’s power infrastructure to meet the growing demand for electricity and to accelerate all-round growth.”
Last week, Saudi Arabia announced that transport and infrastructure spending in 2016 will be cut by 63 per cent as the kingdom responds to continued lower oil prices. Funding for projects has dropped to 23 billion Saudi riyals - down from 63 billion riyals in 2015.
In October, BMI Research had predicted that growth in the kingdom’s power generating capacity would slow as projects are delayed or cancelled. Growth in power generating capacity will peak at about 6.3 per cent this year as new projects come on line, but will fall to just over 5 per cent next year and 4 per cent in 2018, the company said.
“Certain projects - such as the Fadhili gas project - which are crucial to the Saudi energy sector will be realised but others will not,” BMI Research said.
mfahy@thenational.ae
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The Greatest Royal Rumble card as it stands
The Greatest Royal Rumble card as it stands
50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias
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WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura
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United States Championship Jeff Hardy (champion) v Jinder Mahal
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Casket match The Undertaker v Chris Jericho
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Under 19 World Cup
Group A: India, Japan, New Zealand, Sri Lanka
Group B: Australia, England, Nigeria, West Indies
Group C: Bangladesh, Pakistan, Scotland, Zimbabwe
Group D: Afghanistan, Canada, South Africa, UAE
UAE fixtures
Saturday, January 18, v Canada
Wednesday, January 22, v Afghanistan
Saturday, January 25, v South Africa
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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The specs
Engine: 6.2-litre V8
Transmission: seven-speed auto
Power: 420 bhp
Torque: 624Nm
Price: from Dh293,200
On sale: now
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The biog
Age: 59
From: Giza Governorate, Egypt
Family: A daughter, two sons and wife
Favourite tree: Ghaf
Runner up favourite tree: Frankincense
Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”
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The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
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More on Coronavirus in France
The specs: 2019 Mini Cooper
Price, base: Dh141,740 (three-door) / Dh165,900 (five-door)
Engine: 1.5-litre four-cylinder (Cooper) / 2.0-litre four-cylinder (Cooper S)
Power: 136hp @ 4,500rpm (Cooper) / 192hp @ 5,000rpm (Cooper S)
Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km
Name: Brendalle Belaza
From: Crossing Rubber, Philippines
Arrived in the UAE: 2007
Favourite place in Abu Dhabi: NYUAD campus
Favourite photography style: Street photography
Favourite book: Harry Potter
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Three ways to limit your social media use
Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.
1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.
2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information.
3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.
The specs: 2018 Jaguar E-Pace First Edition
Price, base / as tested: Dh186,480 / Dh252,735
Engine: 2.0-litre four-cylinder
Power: 246hp @ 5,500rpm
Torque: 365Nm @ 1,200rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.7L / 100km
Company%20profile
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The five pillars of Islam
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)