Home Water NMDC awarded a $163.36m contract for Lake Manzala in Egypt

NMDC awarded a $163.36m contract for Lake Manzala in Egypt

The National Marine Dredging Company (NMDC) has announced that it has been awarded a contract for the expansion of Lake Manzala in northeastern Egypt.

The awarded contract value is $163.36 million.

According to the Wam news agency report, The NMDC company disclosed the value of the awarded project in a letter to the Abu Dhabi Securities Exchange, ADX.

NDMC said the project will be implemented in partnership with Al-Tahadi Egyptian-Emirati Co and will be completed in two years.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

SNOC begins gas production at Mahani field in Sharjah

Sharjah National Oil Corporation (SNOC) and its partner Italian oil major Eni have pulished the start-up of Mahani-1 gas well, marking the...

India’s Sterling and Wilson wins Acwa’s Egypt solar project

Saudi-based Acwa Power said it has reached an agreement with Sterling and Wilson Solar, a unit of leading Indian construction group Shapoorji...

Al Dahra signs strategic water security agreement with Israel’s Watergen

Abu Dhabi-based Al Dahra Holding Company has signed a strategic partnership agreement with Israeli company, Watergen to create a renewable source of...

ADNOC multi-billion dollar subsea transmission project

The Four groups have submitted binding commercial offers for the planned high-voltage sub-sea transmission project to connect Abu Dhabi National Oil Company’s...