Taqa, an Abu Dhabi-based energy company, said the Ruwais Power Company power and desalination plant (Shuweihat 2) has completed an issuance of $825 million in project bonds.
The plant, which is 54 per cent owned by Taqa, issued th
Abu Dhabi Oil Refining Company (Takreer) is on track to complete the expansion of the UAE's largest refinery in Ruwais during the first quarter of 2014, the company's chief executive said on Tuesday.
The Ruwais refin
The Shaw Group has won a project management consultancy services contract from Abu Dhabi Oil Refining Company (Takreer).
The contract covers the engineering, procurement and construction phase of a base oils plant at the Ruwais Industrial
Abu Dhabi Oil Refining Company (Takreer) will complete a project to double the capacity of the UAE’s largest oil refinery by the end of 2013, an official said.
The Ruwais refinery expansion will be fully operational by the first-quarter of
Abu Dhabi National Oil Co (Adnoc) is studying plans to more than double the capacity at its largest crude refinery at Ruwais.
The envisaged expansion would add 417,000 barrels per day (bpd) to the current 400,000 bpd capacity at the plant,
Abu Dhabi's government-run Ruwais Fertilizer Industries (Fertil) has signed a $240 million deal with Pakistan's Descon Engineering and Switzerland's Urea Casale to boost urea output by 50 percent.
Fertil is two-thirds owned by state oil co