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November 2, 2025
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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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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

November 1, 2022

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

UAE’s NMDC Group Enters Philippines with $610.1 Million Manila Bay Project

October 2, 2025

NMDC Group (ADX: NMDC), a global leader in engineering, procurement, construction, and marine dredging, announced today the signing of a contract with the Pasay Harbor …

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L&T Hydrocarbon awarded overseas Contracts

June 13, 2023

The Hydrocarbon business of Larsen & Toubro (L&T), announced in a statement that it has secured an offshore project from a prestigious overseas client. The …

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