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Home2022

Year: 2022

NEOM

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 …
Press Releases

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 …
Power

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 …
Oil and Gas

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”) …
Oil and Gas

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 …
Power

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 …
Construction

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 …
Oil and Gas

UAE’s ADNOC awards $4bn Contracts to ADNOC Drilling, Schlumberger and Halliburton

November 1, 2022 Mohammad S
Abu Dhabi National Oil Company (ADNOC) announced today, the award of three framework agreements valued at $4 billion (AED14.68 billion) for integrated drilling fluids services …
Power

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

November 1, 2022 Mohammad S
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 …
Oil and Gas

QatarEnergy announces hydrocarbon discovery in Brazil’s Sépia Field

October 31, 2022 Mohammad S
QatarEnergy announced an oil discovery in the 4-BRSA-1386D-RJS well in Brazil’s world class Sépia oil field, which is located in the prolific Santos Basin in …

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Oil and Gas

Chemanol Signs Technical Licensing Agreement for MethylDiethanolamine

September 1, 2024
Methanol Chemicals Company (Chemanol) announces that it has recently signed a Technical Licensing Agreement with a foreign company that owns the technology to produce MethylDiethanolamine …
Construction

Artaş Signs Strategic Partnership at MIPIM Cannes to Support Urban Development in Oman

March 18, 2026
Artaş Holdinh, Turkey has announced the signing of a significant international partnership during its participation in the prestigious MIPIM held in Cannes, marking a proud …
Construction

Saudi Ports Authority, DP World announce partnership to establish Jeddah Logistics Park

June 19, 2022
DP World and the Saudi Ports Authority (Mawani) announced in a statement that the companies has signed a 30-year agreement to build a state-of-the-art, port-centric …
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