Saudi Arabia’s Public Investment Fund acquires significant stake in ACWA Power
Riyadh, 4th July, 2018: The Public Investment Fund of Saudi Arabia and International Company For Water And Power Projects (“ACWA Power” or the “Company”), a leading …
Month: July 2018
Saudi Arabia receives five bids for Rabigh 3 IWP
On 01/07/2018, Saudi Arabia’s Water & Electricity Company (WEC) received five bids for the Rabigh-3 IWP. Once, the project constructed, the Desalination plant will have …
SNC-Lavalin signs exclusive agreement to deliver a major project in Oman
SNC-Lavalin has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-akali PVC plant …
SNC-Lavalin signs exclusive agreement with Florexx International Investments LLC
SNC-Lavalin has signed an exclusive agreement with Florexx International Investments LLC for the extended basic engineering and subsequent design and delivery of an Advanced Topping …
SEC Awarded Wadi Al Suman Transmission Line Project
Saudi Electricity Company awarded the Project “Construction of 380kV Overhead Transmission Line between Wadi Al Suman and Fadhli Gas Plant” to Saudi based Company Arabian …
SEC Awarded Foodah Transmission Line Project
Saudi Electricity Company awarded the Project “Construction of 115kV OHTL from Abqaiq Central 230kV BSP to Foodah 115kV Substation ” to Saudi based Company National …
Oil and Gas
Saudi Aramco and NOV sign Joint Venture Agreement to provide high-specification drilling rigs
Saudi Aramco signed a shareholder agreement with National Oilwell Varco, Inc. (NOV) to form a joint venture partnership to establish an integrated world-class on-shore rig …
Power
MODON announces the bid results for Jeddah Substation
On 28/06/2018, Saudi Industrial Property Authority (MODON) opened the bid for the new 110/13.8kV Substation. The project will be funded by MODON, implemented and executed …