France’s Suez has been awarded the main contract. Suez is the main shareholder in the scheme, with a 51 per cent stake, with partners Merit National Investments and Al-Shawamikh Oil Services each holding 24.5 per cent stakes. The group will finance, construct and operate a large wetland system and evaporation ponds over a surface of more than 400 hectares using a technology designed by Wolf-Dieter Rausch, chief technical officer (CTO) of SusTeco. Under the contract, Suez and partners will use alternative techniques to treat and dispose of treated water, which is the oily wastewater produced during the extraction and recovery of oil. The 20-year contract is worth €120m ($146m).
Construction works are currently in progress on this scheme.
Construction works are currently in progress at various stages.
January
30
2023
Monday
LAST UPDATED
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