January 30, 2026
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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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NWC awards $425m Long Term O&M Contracts

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National Water Company (NWC), Saudi Arabia announced the awarding of two Long Term Operation and Maintenance “LTOM” contracts for the rehabilitation, operation and maintenance of …
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Dubai awards $172.3 Million Al Mustaqbal Street Development Project

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