NEOM
NEOM and DSV forms $10 billion logistics joint venture
NEOM and DSV announce a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. …
Month: October 2023
Hydrogen
Firms Signed MOU to Foster Hydrogen Mobility Ecosystem in Saudi Arabia
Hyundai Motor Company signed a memorandum of understanding (MOU) with Korea Automotive Technology Institute (KATECH), Air Products Qudra (APQ) and the Saudi Public Transport Company …
Oil and Gas
CGC Kuwait Signs $144.2m KOC Contract
Combined Group Contracting (CGC), Kuwait announces in a statement that it has signed the contract for a Services project issued by Kuwait Oil Company (KOC). The …
Power
Saudi’s Al Yamamah Steel awarded $49.5m 380kV OHTL Tower Contract
Al Yamamah Steel Industries Company, Saudi Arabia announceed in a statement that it has signed a contract with Al-Sharif Group and KEC Limited to manufacture …
Oil and Gas
Oman LNG Signs Shareholders, Gas Supply Agreements
Oman LNG, a joint venture of Oman Investment Authority (OIA), signed today crucial shareholders and gas supply agreement. These agreements solidify Oman LNG’s position as …
Oil and Gas
QatarEnergy and Eni signed LNG agreement
Affiliates of QatarEnergy and Eni signed a long-term LNG sale and purchase agreement (SPA) for the supply of up to one million tons per annum …
PPP
Miahona and BESIX Consortium named as Preferred Bidder for Al-Haer ISTP
Saudi Water Partnership Company (SWPC) announces the Preferred Bidder and Reserved Bidder for Al-Haer Independent Sewage Treatment Plant Project (ISTP Project). Al Haer ISTP will …
Transport
PIF and Hyundai Signs Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia
The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle …
Power
JinkoSolar awarded 3.8GW, a largest-ever supply agreement with ACWA Power
JinkoSolar, the world’s leading solar and energy storage company, announced the largest ever supply agreement with ACWA Power, for its 3.8 GW N-type Tiger Neo …
Transport
UAE’s DP World signs 30-year concession to operate multi-purpose Dar Es Salaam Port in Tanzania
UAE’s DP World announced in a statement that it has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernise …