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Hyflux unit clinches contract in Saudi Arabia
HYFLUX Group said its wholly owned unit Hydrochem Saudi Ltd has been awarded a contract by Snamprogetti Saudi Arabia Co Ltd, a subsidiary of Saipem SpA, to design, manufacture and supply a seawater reverse osmosis and sulphate removal facilities package in Khurais, Saudi Arabia.
The project value is about US$50.4 million. The contract is to be fulfilled over one year, and is expected to contribute to the financials of Hyflux for the financial year ending Dec 31, 2016.
"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 150km north-east of Riyadh. Italian group Saipem is the engineering and construction contractor for the project to expand the daily production capacity at the Khurais central processing facility by 300,000 barrels of oil from the current 1.2 million barrels.