Contracts Awarded to Implement 1st Phase of Developing Riyadh Road Network

The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website
The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website
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Contracts Awarded to Implement 1st Phase of Developing Riyadh Road Network

The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website
The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website

The Royal Commission for Riyadh City (RCRC) has awarded four road development contracts worth SR13 billion ($3.46 billion) as part of the first phase of the program to enhance the capital city’s transport network.

The Board of Directors of the commission announced on Thursday that the first phase of the program aims to develop the axes of the main and rings roads and link them to provide sustainable transport and logistics services in the city.

The four projects are as follows:

1. The building of a second southern ring road that extends 56 kilometers from the new Al-Kharj Road in the east to the Jeddah Road in the west. It will include four lanes for the main road in each direction and three lanes for the service road in each direction. The road will have 10 main intersections and 32 bridges.

2. Building two bridges parallel to the cable-stayed Wadi Laban Bridge and developing a 4km intersection of the western ring road with Jeddah Road. Four bridges at the intersection of the western ring road with Jeddah Road will also be built.

3. Developing the western part of the axis of Al-Thumama Road, measuring 6km, that extends from King Khalid Road in the west to King Fahd Road in the east. The construction of two main bridges and three tunnels.

4. Lengthening the Taif Road in the Laban neighborhood by 16km so that it extends to the Qiddiya Project.

In order to maintain the highest degree of traffic flow on the roads that will witness the implementation of these projects, the RCRC has developed a plan to manage traffic diversions on these roads, in partnership with the relevant authorities in the city.



Iraq Signs Contracts to Develop 13 Exploration Blocks, Oil and Gas Fields

The Iraqi Minister of Oil is seen at the signing ceremony of oil and gas development and exploration contracts. (Iraqi Ministry of Oil)
The Iraqi Minister of Oil is seen at the signing ceremony of oil and gas development and exploration contracts. (Iraqi Ministry of Oil)
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Iraq Signs Contracts to Develop 13 Exploration Blocks, Oil and Gas Fields

The Iraqi Minister of Oil is seen at the signing ceremony of oil and gas development and exploration contracts. (Iraqi Ministry of Oil)
The Iraqi Minister of Oil is seen at the signing ceremony of oil and gas development and exploration contracts. (Iraqi Ministry of Oil)

Iraq has signed initial deals for 13 oil and gas exploration blocks and fields, the country’s oil ministry said on Wednesday.

The agreements could increase output by 750,000 barrels of crude and 850 million standard cubic feet (mscf) of gas.

In a press statement, Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani stressed the ministry’s keenness and serious endeavor to maximize oil production and achieve optimal investment of gas through the development of oil and gas fields and exploration patches.

He added: “These contracts will add large quantities of oil production estimated at 750,000 barrels per day, in addition to investing 850 cubic feet per day of gas.”

These quantities and production capacities aim to achieve flexibility in supplying power generation stations with gas fuel, in addition to supporting the energy sector in Iraq.

The contracts will be sent to the Ministerial Energy Council for approval and final signature ahead of proceeding with the direct implementation of development operations, said Undersecretary for Extraction Affairs Bassem Mohammad Khudair.