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Home2022February

Month: February 2022

Construction

Foundation stone laid for Avenues Riyadh Project

February 7, 2022 Mohammad S
Shomoul Holding Co. a subsidiary of Kuwait’s Mabanee Company announced in a statement that, it has laid the foundation stone for the construction of The …
Transport

Australia’s Avass Group sign MoU to manufacture electric vehicles, lithium batteries in Saudi Arabia

February 6, 2022 Mohammad S
Australia-based Avass Group recently announced that they have signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters …
Oil and Gas

Oman’s Abraj Energy awarded contract from PDO

February 5, 2022 Mohammad S
Petroleum Development Oman (PDO) announced in a statement that it has signed a contract to perform Hydraulic Fracturing and Stimulation services on low pressure wells …
Construction

Saudi Arabia signs contracts to build two ecotourism resorts

February 4, 2022 Mohammad S
The King Abdulaziz Royal Reserve Development Authority, Saudi Arabia announced in a statement that it has signed investment contracts to build two tourist resorts in …
Power

Malaysia’s Gading Kencana inks $1bn solar farms collaboration with Saudi Arabia’s March global

February 4, 2022 Mohammad S
Gading Kencana Sdn Bhd, one of the largest solar farm operator in Malaysia, is collaborating with Saudi Arabia’s March Global LLC to develop US$1 billion …
Power

Saudi Arabia’s Power Plant 11 (PP11) secures $1.2bn Refinancing loan

February 4, 2022 Mohammad S
The Dhuruma Electricity Company, led by a consortium comprising Saudi Electric Company (SEC) 50%, ENGIE 20%, Sojitz of Japan 15% and Al Jomaih Energy and …
Oil and Gas

ADNOC awards $169m well testing services contracts

February 3, 2022 Mohammad S
ADNOC Onshore, UAE announced in a statement that it has awarded contracts for well testing services as ADNOC continue to work towards 5 million barrels …
Oil and Gas

UAE’s ADNOC Announces Gas Discovery Offshore of Abu Dhabi

February 3, 2022 Mohammad S
The Abu Dhabi National Oil Company (ADNOC) announced in a statement regarding the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. …
PPP

Abengoa achieves Project Taking Over Certificate of Rabigh 3 desalination plant

February 2, 2022 Mohammad S
Abengoa announced in a statement that it achieves, together with its consortium partners SepcoIII (Power China) and Sidem (Veolia) the Project Taking Over Certificate of …
Construction

Seera Group signed $45.3m Contract with Alula Company

February 2, 2022 Mohammad S
Seera Group Holding, Saudi Arabia announced the signing of an investment and joint venture agreement with AlUla Development Company, to establish a joint venture to …

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