Home Offshore Energy Doosan Enerbility wins orders worth KRW2.3tn from Saudi Arabia in 2022

Doosan Enerbility wins orders worth KRW2.3tn from Saudi Arabia in 2022

An artist's rendition of Twaig Casting and Forging, a joint venture between Doosan Enerbility and Saudi Aramco

Doosan Enerbility is expanding its presence in Saudi Arabia by winning a series of construction orders, including a combined heat and power plant, a casting and forging plant, and a seawater desalination plant.

The aggregate value of the contracts it has clinched from Saudi Arabia so far this year exceeds 2.3 trillion won. The contract money of Twaig Casting and Forging plant alone is 1 trillion won.

On Sept. 22, Doosan Enerbility signed a contract with Korea Electric Power Corp. (KEPCO) for the construction of the Jafurah Cogeneration Plant worth 540 billion won. The plant will be built about 400 km east of Riyadh, the capital of Saudi Arabia. It is expected to be completed in the second half of 2025. The plant will generate 320 megawatts (MW) of electricity and 314 tons of steam per hour for supply to to nearby Jafurah Gas Field.

In February, Doosan Enerbility won a contract to build a casting and forging plant worth 1 trillion won together with a Saudi joint venture, Tuwaiq Casting & Forging. The plant will be built at King Salman Shipbuilding Complex in Ras al-Khair near Jubail in eastern Saudi Arabia. To be built on ​​400,000 square meters of land, the largest casting and forging plant in Saudi Arabia will produce 60,000 tons of casting and forging products per year. Ground will be broken for the plant this year for completion in the first quarter of 2025.

In August, Doosan Enerbility succeeded in winning a contract to build a seawater desalination plant worth 840 billion won in Saudi Arabia. The project is to build a reverse osmosis seawater desalination plant about 110 km south of Jeddah City in the Middle East kingdom. The completion date is May 2025. Upon completion, it will produce 600,000 tons of water that can be used by about 2 million people a day. Doosan Enerbility will also build a 60MW solar power plant to reduce electricity consumption during seawater desalination.

Source: BusinessKorea

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