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November 5, 2025
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Home2022December

Month: December 2022

Petrochemical

SABIC, ARAMCO, Sinopec Signed MOU for Yanbu Petrochemical Complex

December 18, 2022 SaudiGulf Projects

Saudi Basic Industries Corporation (SABIC) announces that it has signed a Memorandum of Understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco) and China Petroleum …

Oil and Gas

Saudi Aramco and Aspen Technology Partner to Bring New Carbon Capture & Utilization Software

December 17, 2022 SaudiGulf Projects

Aspen Technology, Inc., a global leader in industrial software, announced a partnership with Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, …

Press Releases

ACCIONA and ACCIONA ENERGÍA Rank Among World’s Most Sustainable Firms

December 17, 2022 SaudiGulf Projects

ACCIONA and ACCIONA ENERGÍA obtained the highest grade (A) in the exhaustive sustainability performance review carried out by the global non-profit organization CDP, which evaluated …

Construction

NEOM’s OXAGON, Ministry of Industry, MODON signs MOU for Future Factories Program

December 17, 2022 SaudiGulf Projects

Saudi Arabia’s Ministry of Industry and Mineral Resources, under the guidance of His Excellency Bandar bin Ibrahim AlKhorayef, Minister for Industry and Mineral Resources, and …

PPP

Saudi’s Jubail 3A Desalination Plant starts producing drinking water

December 16, 2022 SaudiGulf Projects

Abengoa, announced that it has started exporting drinking water from the Jubail 3A desalination plant, reaching 25 % of its total capacity (600,000 m3/day) to …

Power

Al Sharif and KEC JV Signed 400kV OHTL Saudi Kuwait Interconnection Project

December 16, 2022 SaudiGulf Projects

Al Sharif Group, Saudi Arabia and KEC, India JV (ASKEC) announced in a statement that it has signed contract related to 400kV Overhead Transmission Line. …

Petrochemical

Saudi Aramco and TotalEnergies to build $11bn Petrochemical Complex in Saudi Arabia

December 15, 2022 SaudiGulf Projects

The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi …

Solar PV Image
Power

UAE’s AMEA Power awarded 120MW solar project in South Africa

December 15, 2022 SaudiGulf Projects

AMEA Power, UAE announced that it has been awarded a 120 Mega Watts (MW) solar photovoltaic (PV) project in South Africa as part of the …

Oil and Gas

Saipem awarded $1.2bn new offshore contracts

December 15, 2022 SaudiGulf Projects

Saipem announced that it has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract …

Construction

China State awarded new Contracts in UAE

December 15, 2022 SaudiGulf Projects

China State Construction Engineering Corporation Ltd., UAE announced in a statement that it has signed the Rove Hotel Project and Hospitality Employee Accommodation Project in …

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Construction

UAE’s Arada awards AED475 million contract to build Vida Aljada hotel complex

January 15, 2023

UAE’s Arada announced in a statement that it has awarded a major contract to build the four buildings in the Vida Aljada hotel complex, which …

Finance

Saudi Electricity Company signs $3.6 billion Credit Facility Agreement

December 12, 2024

Saudi Electricity Company (SEC) announces that it has signed USD 3.6 billion (equivalent to SAR 13.5 billion) International Syndicated Credit Facility agreement. The financing entities …

Power

ACWA Power Signs agreement for 110MW floating Solar PV Projects in Indonesia

November 1, 2022

ACWA Power Company, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants, today announced that PT Perusahaan Listrik …

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