The record
Written from the 1 report below. Nothing here is unsourced.
- Engineers India Ltd is pursuing $1 billion worth of potential energy infrastructure projects in Saudi Arabia and the UAE.
- These initiatives aim to help the countries expand their oil transportation and storage capacity while reducing reliance on the Strait of Hormuz.
- The company intends to leverage its expertise in project management and engineering to support these efforts over the next two to three years.
What to watch next
- Progression of potential contract negotiations for pipeline and storage projects
- Impact of regional geopolitical instability on infrastructure construction timelines
Who said what1
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Atul Gupta
1 quote · 1 outlet
“We anticipate more than $1 billion investment should be there in all these countries together for the immediate infrastructure in which two to three years is something they can aim for”
In the article
…to bypass the Strait of Hormuz. We are also focusing on those infrastructure projects... We have already shown our interest that we can accelerate the process of creating the new infrastructure," he said. " We anticipate more than $1 billion investment should be there in all these countries together for the immediate infrastructure in which two to three years is something they can aim for because in the case of these pipelines, the gestation period is two to three years," Gupta added. The project management consultancy (PMC) and engineering, procurement and construction (EPC) major plans and executes…
Coverage1
All filed from India
Named Saudi Arabia · United Arab Emirates · India · Abu Dhabi National Oil Company · Atul Gupta · Engineers India Ltd · Houthi · Rituraj Baruah · Saudi Aramco
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