November 2022 - Page 10 of 11 - SaudiGulf Projects

Agility Signs agreement of $163m to build logistics park in Jeddah

November 3, 2022 Mohammad S

Kuwait’s Agility announced in a statement that it has signed an agreement with Saudi Arabia’s State Properties General Authority (SPGA) to build a large logistics …

ADNOC Signs $9.5bn Agreements with 25 Companies

November 3, 2022 Mohammad S

Abu Dhabi National Oil Company (ADNOC) has signed agreements with 25 companies potentially worth AED 35 billion that will stimulate investment in local manufacturing of …

ADNOC, Baker Hughes Signed Agreement to Explore New Technology for a Clean Energy Future

November 3, 2022 Mohammad S

Baker Hughes, an energy technology company, and the Abu Dhabi National Oil Company (ADNOC) signed a strategic technology collaboration agreement during ADIPEC 2022 to explore …

NEOM invests $175m in Volocopter to Accelerate Electric Urban Air Mobility

November 3, 2022 Mohammad S

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has announced a USD 175 million Series E investment in Volocopter, the pioneer of …

ACCIONA Introduces Cutting-Edge Construction Materials in its Works to Cut emissions by 36%

November 3, 2022 Mohammad S

ACCIONA will reduce by 36% the carbon footprint generated by two construction projects—a public school in Torrevieja (Alicante) and a submarine dock in the Naval …

ASX EV Solutions Signs a contract with Benzene Petrol Stations to operate EV Charging station

November 3, 2022 Mohammad S

Al Sharif X for Electric Vehicle Chargeing Solutions signed a long-term contract with Benzene Petrol Stations Company Limited, to operate electric vehicles chargerIng stations in …

ADNOC Drilling Confirms $1.6bn Integrated Drilling Fluids Services Award

November 2, 2022 Mohammad S

ADNOC Drilling Company PJSC, UAE confirmed the award of a five-year framework agreement valued at up to $1.6 billion for integrated drilling fluids services (“IDFS”) …

Saudi Aramco and IBM aim to establish an Innovation Hub in Saudi Arabia

November 2, 2022 Mohammad S

Saudi Aramco and IBM announced preliminary plans for a strategic collaboration to establish an Innovation Hub in Riyadh, Saudi Arabia. The collaboration aims to support …

ARA Petroleum and HELIOVIS Signed agreement for world’s first solar-thermally powered, zero emission desalination plant

November 1, 2022 Mohammad S

HELIOVIS, Austria and ARA Petroleum, Oman announced today that they have signed a commercial contract to provide the world’s first solar-thermally powered, zero emission desalination …

Oman Signed Agreement to Conduct Feasibility Study on Establishing Industrial Complex

November 1, 2022 Mohammad S

The Ministry of Commerce, Industry and Investment Promotion, Oman signed a memorandum of cooperation (MoC) with Vale Company to conduct a feasibility study on developing …