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Home2022January

Month: January 2022

Oil and Gas

Schlumberger awarded contracts from Saudi Arabia

January 23, 2022 Mohammad S
Schlumberger announces in a statement as part of  Fourth-Quarter and Full-Year 2021 Results, it has secured various notable contracts across GCC. A five-year contract for …
Construction

Saudi Arabia launches Boutique Group to develop palaces into luxury hotels

January 21, 2022 Mohammad S
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Council for Economic and Development Affairs, …
Power

Bahrain’s Alba and Mitsubishi Ink MoU for Carbon Capture

January 21, 2022 Mohammad S
In a step that will accelerate its ESG transformation, Aluminium Bahrain B.S.C. (Alba), the world’s largest Aluminium smelter ex-China, has inked a Memorandum of Understanding …
Power

ElSewedy’s subsidiary awarded $43.6m 132kV Cable contract in Kuwait

January 20, 2022 Mohammad S
ElSewedy Electric, Egypt announced in a statement that its subsidiary Egytech Cables has signed a new 132kV underground cable contract in Kuwait. The value of …
Water

Energy Recovery Awarded $25m Contracts in Saudi Arabia

January 20, 2022 Mohammad S
Energy Recovery, USA announced contract awards totaling nearly $25 million for its PX Pressure Exchanger energy recovery devices for desalination plants in the Kingdom of …
Oil and Gas

Heerema awarded contract with McDermott for Saudi Aramco’s Marjan Increment Program

January 20, 2022 Mohammad S
Heerema Marine Contractors announced in a statement that McDermott has awarded a contract to transport and install six large jackets within Package-1 of Saudi Aramco’s …
Power

Abengoa completes three solar fields construction in Dubai

January 20, 2022 Mohammad S
Abengoa, Spain announced in a statement that it has successfully completed the construction of three solar fields (200 MW each) of parabolic trough collectors at …
Finance

The Red Sea Development Company Financially Closes on $3.76b Loan

January 20, 2022 Mohammad S
Saudi Arabia’s The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced that it has achieved Financial Close …
Hydrogen

Fertiglobe collaborate with Masdar, Engie to develop green hydrogen

January 19, 2022 Mohammad S
OCI N.V., Netherlands announced that Fertiglobe, Abu Dhabi, the strategic partnership between OCI and the Abu Dhabi National Oil Company (ADNOC), and the largest seaborne …
No Picture
Hydrogen

TotalEnergies, Masdar and Siemens Energy sign collaboration agreement for green hydrogen project

January 19, 2022 Mohammad S
Masdar, one of the world’s leading renewable energy companies, welcomes TotalEnergies and its expertise in the energy sector, to a Masdar-led initiative focused on green …

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Construction

Projects awarded during May 2023 in Gulf Countries

June 12, 2023
Following are the major projects awarded during the month of May 2023 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical, Transport and …
Construction

EPC contract awarded for Construction of SeAH Gulf Special Steel

September 13, 2022
In an advanced step for the SeAH Gulf Special Steel, owned by the Saudi Arabian Industrial Investments Company Dussur, and the Korean SeAH changwon Integrated …
Oil and Gas

ADNOC Drilling Awards $252m Contract for Hybrid Power Land Rigs

March 4, 2023
ADNOC Drilling Company PJSC announced that it has signed an agreement to purchase ten newbuild hybrid power land drilling rigs for a total of $252 …
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