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Home2022March

Month: March 2022

Transport

Navya & Electromin Signed a MoU for the development of mobility solutions in KSA

March 29, 2022 Mohammad S
NAVYA, France, a leader in autonomous mobility systems, and Electromin, an eMobility turn-key solutions company wholly owned by Petromin, a leading Saudi company in the …
Power

Nextracker Solar Trackers and TrueCapture Machine Learning Software have been selected for 450 MW Sudair Solar Energy Project, Saudi Arabia’s Largest Solar Project

March 28, 2022 Mohammad S
Nextracker has been selected to provide its smart solar trackers and TrueCapture™ technology for phase one of the Sudair Solar PV Plant (450 MW), Saudi …
Construction

Saudi Arabia’s Mawani and LogiPoint to develop $40m Warehouses at Jeddah port

March 28, 2022 Mohammad S
The Saudi Ports Authority (Mawani), in partnership with internationally recognized and award-winning logistics real estate company LogiPoint (a subsidiary of Saudi Industrial Services Co. – …
Oil and Gas

Al Baraka awarded Well Services Contract from PDO

March 27, 2022 Mohammad S
Al Baraka Oilfield Services SAOC, Oman announced in a statement that it has signed Well Services contract extension with Petroleum Development of Oman (PDO) during …
Oil and Gas

Firms Join $834.4m Ground Breaking Ceremony of Tuwaiq Casting & Forging Facility

March 26, 2022 Mohammad S
Tuwaiq Casting & Forging is a company that was established during January 2022 announces the Ground Breaking Ceremony. The facility was establishing through the joint …
Finance

Kuwait Fund Signs $115m Finance agreement for GCC Electricity Interconnection

March 25, 2022 Mohammad S
A Loan Agreement was signed in Kuwait Fund Headquarters between Gulf Cooperation Council Interconnection Authority) GCCIA (and Kuwait Fund for Arab Economic Development, whereby The …
Power

Dar Al Arkan and OMRAN Group to develop ‘AIDA’ in Oman

March 25, 2022 Mohammad S
Dar Al Arkan, the leading real estate company in Saudi Arabia and the GCC, and Oman Tourism Development Company (OMRAN Group) – the executive arm …
Petrochemical

Petro Rabigh signed CO2 Capture and Sales Project Agreement

March 24, 2022 Mohammad S
Petro Rabigh, Saudi Arabia announced in a statement that it has signed the CO2 Capture and Sales Project Agreement with Gulf Cryo Company, a project …
Construction

Construction Agreement Signed to Build Grains Terminal in Yanbu Commercial Port

March 24, 2022 Mohammad S
His excellency, Eng. Abdulrahman Abdulmohsen Al-Fadley, the Minister of Environment, Water and Agriculture, and the Chairman of SALIC has witnessed the signing of a construction …
Power

UAE’s Barakah doubles clean electricity generation with start of Commercial Operations at Unit 2

March 24, 2022 Mohammad S
The Emirates Nuclear Energy Corporation (ENEC) announced today the start of commercial operations of Unit 2 at the Barakah Nuclear Energy Plant. Unit 2 adds …

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Power

Siemens submits the bid of $19.3 million for 400kV Substation expansion at Bahrain

June 15, 2020
Electricity and Water Authority, EWA Bahrain announces the bid results for the project Um AlHassam 400kV Grid Substation expansion. Germany firm, Siemens Submitted the price …
Oil and Gas

McDermott Awarded Major EPCI Project from Qatargas

July 12, 2023
McDermott announced in a statement that it has secured a major contract from Qatargas Operating Company Limited to deliver engineering, procurement, construction, and installation (EPCI) …
Construction

UAE’s Arada completes 2,473 units Premium student housing complex

December 31, 2022
Arada has completed Nest, a premium purpose-built housing cluster based in the heart of Sharjah’s most exciting lifestyle community, Aljada. A milestone in terms of …
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