Almar Water Solutions, a leading business in developing and managing water infrastructure and services, together with Al Jomaih Energy and Water Co. (AEW), will develop a water project with Saudi Aramco, which consists of a water treatment plant with a 185,000 m3/day capacity in support of water injection for the Zuluf Onshore Oil Facilities project, located in the Arabian Gulf, 240 km north of Dhahran.
The contract signing occurred last December, while the financial closing materialized by mid of March, 2023. The project, which will be developed under a 25-year BOOT (build, own, operate, and transfer) scheme, includes the design, development, financing, construction, commissioning, operation and maintenance, and transfer of ownership.