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Home2023October

Month: October 2023

Power

EDF, Al Jomaih Energy Signs MOU

October 25, 2023 Mohammad S
EDF announced in a statement that a Memorandum of Understanding (MOU) has been signed between EDF and Al Jomaih Energy and Water Co. Ltd. (JENWA) …
Power

SEC to expand Rabigh Power Plant by an additional 1.2GW combined cycle units

October 25, 2023 Mohammad S
Saudi Electricity Company (SEC) announces that the Saudi Power Procurement Company (SPPC) approved SEC to implement the expansion project of Rabigh combined cycle power plant …
Power

SEC, ACWA Power Consortium Wins $3.9 billion IPP Projects

October 25, 2023 Mohammad S
Saudi Electricity Company (SEC) and ACWA Power Co. Consortium announces the receipt of Conditional award notification from the Saudi Power Procurement Company (SPPC) for Taiba …
Construction

Saudi’s Al-Akaria Signs MOU with Royal Commission for AlUla

October 25, 2023 Mohammad S
Saudi Real Estate Co. (“Al-Akaria”) announced in a statement that it has executed a Memorandum of Understanding (MOU) with the Royal Commission for AlUla and …
Power

Saudi Arabia Announces Winning Bidders for Taiba-1, Taiba-2, Qassim-1, and Qassim-2 Conventional IPPs Projects

October 25, 2023 Mohammad S
The Saudi Power Procurement Company (SPPC) announced the winning bidders for the Taiba-1, Taiba-2, Qassim-1, and Qassim-2 Conventional IPPs projects. These Conventional IPP projects are …
Press Releases

SYSTRA inaugurates its new headquarters in Riyadh, Saudi Arabia

October 24, 2023 Mohammad S
SYSTRA, the French engineering and consultancy group specialising in public transportation and infrastructure, which has been present in Saudi Arabia since 2003, announces the inauguration …
The Red Sea Dev.

Red Sea Global and Kingdom Holding signs a 2bn SR Joint Venture

October 24, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has announced the successful completion …
Transport

Royal Commission for AlUla and Alstom Signed Agreement for Experiential Tram

October 24, 2023 Mohammad S
At the seventh annual Future Investment Initiative (FII) in Riyadh, the Royal Commission for AlUla (RCU) shared the progress of its ambitious AlUla Experiential Tramway …
Oil and Gas

Kuwait’s HOT Engineering awarded Mina Abdullah refinery Maintenance Contract

October 24, 2023 Mohammad S
Kuwait’s HOT Engineering And Construction Co., a reputable contractor and a subsidiary of Tripple-E Holding, announced that it has received an award letter from Kuwait …
Hydrogen

NEOM’s ENOWA and Aramco to develop first-of-its-kind e-fuel demonstration plant

October 24, 2023 Mohammad S
Aramco, a global integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish …

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Finance

TAQA, JERA and AlBawani Announces Financial Closing of ‘Rumah 2’, ‘Al Nairyah 2’ IPP Projects

September 3, 2025
Abu Dhabi National Energy Company (TAQA), together with JERA Co., Japan’s largest power generation company and AlBawani Capital (AlBawani), a subsidiary of AlBawani Holding, a …
Water

Saudi Arabia signed the contract for Taif Independent sewage treatment plant

November 24, 2019
Saudi Water Partnership Company (SWPC), formerly known as Water & Electricity Company (WEC) signed a contract to build the Taif Independent Sewage Treatment Plant (ISTP). …
Power

Alghanim Submits lowest bid of $838.1m for 900MW Sabiya Power Plant in Kuwait

August 5, 2022
Ministry of Electricity & Water & Renewable Energy, Kuwait received bidders proposals for the Construction of  Sabiya Combined Cycle Gas Turbine Power Plant (CCGT-4). Two …
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