Construction
Foundation stone laid for Avenues Riyadh Project
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 …
Month: February 2022
Transport
Australia’s Avass Group sign MoU to manufacture electric vehicles, lithium batteries in Saudi Arabia
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
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
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
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
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
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
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
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
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 …