15 October 2019

Table of Contents for Ticker Tapes





TICKER TAPE: INTERNATIONAL

CROSSRAIL CONTRACT FOR TATA STEEL

Tata Steel has signed a contract to supply highly wear-resistant rail for the Crossrail project beneath the heart of London. The company has already commenced deliveries to the project, and will ultimately supply the project with more than 57 km of its heat treated, wear-resistant rail. In total 7,000 tonnes of Tata Steel rail will be used to create one of Europe’s largest railway and infrastructure projects. It is reported steel will be manufactured at Tata Steel’s Scunthorpe site in the UK before being rolled at the company’s Hayange mill in northern France. 

 

SAUDI O&G PROJECTS FOR ARABTEC

Arabtec’s subsidiary Target Engineering has bagged seven contracts worth a total of Dh930 million with oil and gas firm Saudi Aramco. The UAE firm’s scope of work include upgradation of liquefied natural gas plants at Shadqam and Al Othmaniain in Saudi Arabia, work at the company’s Abqiq and Yanbu refineries, a project to construct new buildings at its Ras Tanura terminal and work on the power network at its Tanjib facility. 

 

EGIS BAGS TOP QATAR PROJECTS

Engineering major Egis has bagged an important EPC contract from Qatar’s Public Works Authority, Ashgal, for the rehabilitation and comprehensive overhaul of the Al Karaana lagoon. As part of the award Egis will be mobilising its engineering capabilities for a period of 23 months to reduce to a minimum the environmental impact of this site, then redevelop it and convert it for new uses. The company has also been awarded design and construction supervision contracts for Um Alhoul Economic Zone, south of Doha. The Um Alhoul QEZ 3 programme is a complex and innovative project which calls on the group’s skills through its My City by Egis offer, proving Egis’ ability to deliver urban development projects internationally.

 

KELLER WINS AUSTRIA RAILWAY PROJECT

British construction firm Keller Group plc has been awarded a major railway contract in Austria. The international ground engineering specialist’s scope of work relates to the construction of the Koralm railway line between Graz and Klagenfurt,  in southern  Austria. This includes jet grouting, bored piling and anchor works as part of the soil preparation works above and beneath ground for the construction of a major tunnel project. It is reported the total volume of the works granted to Keller is £23.1 million. The project is expected to begin in the second quarter of 2015 and is slated to run for around two years.
 

ETHIOPIAN AIRPORT BY 2018
Authorities in Ethiopia are set to complete the expansion of the airport in its capital city Addis Ababa by 2018. The expansion of the Bole International Airport will not just help it to triple the number of passengers from the current seven million but allow it to handle approximately ten times its current capacity. It is reported expansion work was taken up at the airport in September 2014 and is being carried out by the China Communication Construction Company at a cost of around $300 million. It is reported the country is also exploring sites for a new international airport that will have a capacity to serve up to 70 million passengers every year.

 

DOHA METRO WORK FOR MITSUBISHI CONSORTIUM

Authorities in Qatar have offered a systems package for Phase I of Doha Metro to a consortium of companies led by Mitsubishi Heavy Industries. Under the terms of the package, the consortium will be responsible for turnkey construction of a fully automated driverless metro system which will include 75 sets of three-car trains, platform screen doors, tracks, a railway yard and systems for signalling, power distribution, tele-
communications and tunnel ventilation. In addition, the package is also expected to include maximum 20-year maintenance services for the metro system after its completion. The Doha Metro will have 106 stations covering a total distance of 241 km of which 123 km will be underground. The first phase of the network is expected to be launched in 2019, it is reported.


HONGKONG PROJECT FOR BALFOUR BEATTY-GAMMON

Balfour Beatty has bagged a £268 million contract for the construction of a major residential development in Hong Kong in a joint venture with Gammon Construction. It is reported it will create 900 residential apartments through the building of seven blocks, alongside retail and recreational facilities. Authorities say the project, which also includes construction of a public transport interchange and five footbridges, is expected to be completed by 2018.

 

ALSTOM BAGS €2 BN PARIS METRO CONTRACT

Alstom has received a contract worth more than €2 billion to deliver metro trains for several lines of the metro system in Paris.  As per the contract the French rail manufacturer will supply a total of 217 MP14 trains over a period of 15 years to Régie Autonome des Transports Parisiens (RATP). An initial order worth around €500 million will see the supply of 35 eight-car metros, while the second order is expected to result in the delivery of 37 trains.
The key features of the metro trains include ergonomic seating, LED lighting, fluid exchanges, on-board information, video-protection, not to mention inductive loops for those hard of hearing. It is reported the project will generate over 2,000 jobs across most of the company's facilities in France

 




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