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Home2022September

Month: September 2022

Oil and Gas

Saudi Aramco and Schlumberger to Collaborate on Digital Sustainability Solutions

September 21, 2022 Mohammad S
Schlumberger and Saudi Aramco have announced plans to collaborate and develop a digital platform that will provide sustainability solutions for hard-to-abate industrial sectors. The proposed …
Construction

Perma-Pipe International Holdings announces contract award of $14m in Saudi Arabia

September 21, 2022 Mohammad S
Perma-Pipe International Holdings, Inc. announced its Saudi Arabian subsidiary has recently been awarded a contract for $14.0 million for the King Salman Park Project – …
Hydrogen

Saudi Arabia and Alstom signed MOU to explore hydrogen powered trains

September 21, 2022 Mohammad S
Alstom, global leader in the green and smart mobility sector, and Saudi Railway Company (SAR) signed a memorandum of understanding (MoU) to develop hydrogen train …
Oil and Gas

Vallourec signed a 10-year agreement with Saudi Aramco

September 21, 2022 Mohammad S
Vallourec, world leader in premium tubular solutions, announced in a statement that it has signed a 10-year agreement with Saudi Aramco for the supply of …
Finance

UAE’s TAQA secures AED4 billion Project Financing for Mirfa International Power & Water Plant

September 21, 2022 Mohammad S
Abu Dhabi National Energy Company (TAQA), UAE has announced that the Mirfa International Power & Water Company (MIPCO), the project company that owns and operates …
Construction

Abu Dhabi National Hotels to invest over $272.2m in Al Marjan Island in Ras Al Khaimah

September 21, 2022 Mohammad S
Abu Dhabi National Hotels (ADNH), a listed company at Abu Dhabi Securities Exchange operating hotels, catering, tours and transportation, has acquired a prime plot on …
Construction

Retal Urban Dev. Company signs $230.4m Housing units agreement in Riyadh

September 20, 2022 Mohammad S
Retal Urban Development Company, Saudi Arabia announces the signing of a sub-development agreement with the National Housing Company. The agreement is to develop 759 housing …
Construction

Sumou Company signs $107.4m development agreement for Riyadh project

September 20, 2022 Mohammad S
Sumou Real Estate Co., Saudi Arabia announced in a statement that it has signed a development agreement for Area No. 1/B of Dahiyat Al Fursan …
Oil and Gas

UAE’s Mubadala Energy announces new gas discovery in Malaysia

September 20, 2022 Mohammad S
Mubadala Energy has confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of …
Power

Dubai signs agreement with Desolenator to build a zero-carbon model for water desalination & purification

September 20, 2022 Mohammad S
Dubai Electricity and Water Authority (DEWA) announced in a statement that it has signed a partnership agreement with Dutch startup Desolenator BV, to build a …

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KCA Deutag awarded $402 million Contract Extensions in Saudi Arabia, Oman

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KCA Deutag, announced in a statement that it has secured backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects …
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