
Wave Project named ‘Water Deal of the Year’’ at IJGlobal MENA Awards
Wave Project named ‘Water Deal of the Year’’ at IJGlobal MENA Awards
Metito Utilities and its partners have been awarded the prestigious ‘Water Deal of the Year’ at the IJGlobal MENA Awards Ceremony, recognizing the landmark Wave Project in Abu Dhabi, United Arab Emirates.
Valued at $2.4 billion, the Wave Project is one of the largest and most strategic water infrastructure developments in the region. The project is led by a consortium comprising Orascom Construction and Metito Utilities, in collaboration with ADNOC and TAQA. Once operational, it will supply over 110 million imperial gallons per day (500,000 m³/day) of sustainably treated seawater to support ADNOC’s onshore operations. It also includes the construction of a 75km water transmission pipeline and an in-field distribution network of over 230km to support reservoir pressure maintenance in the Bab and Bu Hasa fields. The project’s implementation will significantly reduce water injection-related energy consumption, connect to the grid for clean energy supply, and contribute over 60% of its value to the UAE economy.
IJGlobal, part of Delinian (IJ Global) Limited, is one of the world’s largest infrastructure and project finance data sources. Powered by advanced analytics, unparalleled rich data, and exclusive coverage, we provide solutions that enable market participants to execute insightful decisions with confidence, raise market profile, maximize opportunities and grow businesses.