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Home2023January

Month: January 2023

Oil and Gas

Maha Energy enters into a Joint Operating Agreement for Block 70 in Oman

January 31, 2023 Mohammad S
Maha Energy AB, through its wholly-owned subsidiary Maha Energy (Oman) Ltd. and Mafraq Energy LLC (“Mafraq Energy”) have entered into a Joint Operating Agreement (“JOA”) …
Oil and Gas

Oman’s Abraj Energy, EDO Collaborate to Advance Onshore Oil and Gas Services

January 31, 2023 Mohammad S
Abraj Energy Services, Oman has signed a Memorandum of Understanding (MoU) with Energy Development Oman (EDO) to develop services related to oil and gas extraction …
Oil and Gas

Alfanar Signs MOU with Daewoo to Collaborate Oil & Gas and Petrochemical Projects

January 31, 2023 Mohammad S
Alfanar, Saudi Arabia announced the signing of an MoU with Daewoo Engineering & Construction Co.,Ltd. to explore opportunities for joint collaboration in the construction of …
Oil and Gas

Oman LNG Signs Binding Term-sheet Agreement with Turkish BOTAŞ

January 30, 2023 Mohammad S
Oman LNG announced the signing of binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation (BOTAS) to supply 1 million metric tonnes per annum (mtpa) …
Oil and Gas

Aramco Signed $7.2bn Worth of agreements and MoU’s

January 30, 2023 Mohammad S
Aramco announced in a statement that it has signed over 100 agreements and MoU’s, valued at around $7.2 billion to help advance a diverse, sustainable …
Power

Dubai inaugurated 17 transmission substations in 2022 for AED 3.2 billion

January 30, 2023 Mohammad S
Dubai Electricity and Water Authority (DEWA) announced in a statement that is has inaugurated 17 new substations in 2022. These include fifteen 132kV stations with …
Power

Emerge and Coca-Cola Al Ahlia Beverages Signs 1.8MW Solar PV Plant

January 28, 2023 Mohammad S
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in …
Mining

Ma’aden and OffWorld Signs MOU on Smart robots for automated excavation

January 27, 2023 Mohammad S
OffWorld, the global pioneer in AI-powered industrial Swarm Robotic Mining systems and Saudi Arabia’s leading mining enterprise — Ma’aden — one of the fastest-growing mining …
Power

Sungrow Signs Distribution Agreement with Saudi’s Al-Babtain LeBlanc

January 27, 2023 Mohammad S
Sungrow, the global leading inverter and energy storage system solution supplier, signed a strategic distribution agreement for PV inverter solutions with the reputed Al-Babtain Leblanc, …
Construction

Saudi’ Seven awards Contract valued more than SAR 1bn to Al Bawani

January 27, 2023 Mohammad S
Saudi Entertainment Ventures (Seven), a wholly-owned subsidiary of the kingdom’s sovereign wealth fund PIF (Public Investment Fund), announced in a statement that it has started …

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Mining

Saudi Ministry of Industry Issues Exploration Licenses for Round 8

November 20, 2025
Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) has issued exploration licenses to the winners of its inaugural mineralized belts, spanning 4,788 km2, under …
Oil and Gas

Oman Signs Concession Agreement to Expand Oil, Gas Exploration

September 1, 2024
Ministry of Energy and Minerals, the Sultanate of Oman signed an agreement with Daleel Petroleum Company (the operator) to explore and develop Concession Area No. …
Power

Mitsubishi Awarded Service Agreement by Aluminium Bahrain BSC (Alba)

October 3, 2022
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced that it has signed a Long-Term Service Agreement (LTSA) with Aluminium Bahrain …
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