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Home2023

Year: 2023

Power

ACWA Power to develop 1GW wind energy and battery storage project in Kazakhstan

March 3, 2023 Mohammad S
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has announced a ground-breaking partnership agreement …
Hydrogen

KBR awarded Ammonia Technology for Large-Scale, Low-Carbon Ammonia Project

March 2, 2023 Mohammad S
KBR announced in a statement that its ammonia technology has been selected for a large-scale one million tons per annum low-carbon ammonia facility in the …
Hydrogen

Saudi Arabia’s Shareek program announces the first wave of supported projects worth SAR 192.4 billion

March 2, 2023 Mohammad S
In the presence of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Large Companies Investment Committee, …
Hydrogen

ACME Group and IHI sign MoU to explore opportunities in Green Hydrogen and its derivatives

March 2, 2023 Mohammad S
Diversified renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation today announced signing of a memorandum of understanding (MoU) to jointly explore …
Hydrogen

Saudi’s PIF and Marubeni Sign MOU for a Hydrogen Project in Saudi Arabia

March 2, 2023 Mohammad S
Marubeni Corporation (Marubeni) announced in a statement that it has signed a Memorandum of Understanding (MOU) with the Public Investment Fund (PIF), one of the …
Construction

Red Sea Global and Four Seasons to Introduce New Resort in Saudi Arabia

March 2, 2023 Mohammad S
Leading luxury hospitality company Four Seasons Hotels and Resorts and Red Sea Global (RSG), a closed joint stock company wholly owned by the Public Investment …
Oil and Gas

Oman’s Abraj Energy awarded Saudi-Kuwait Neutral Zone contract

February 28, 2023 Mohammad S
Abraj Energy Services, Oman announced in a statement that it has signed a strategic partnership with Saudi Arabian Chevron and Kuwait Gulf Oil Company aimed …
AMAALA

Saudi’s Amaala unveils first hotel brand

February 27, 2023 Mohammad S
Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism destinations, Amaala and The Red Sea, has announced a partnership with leading …
NEOM

Collective Retreats Selected To Open Sustainable Retreat in Trojena, The Mountains Of NEOM

February 27, 2023 Mohammad S
Collective Retreats, a pioneer in outdoor experiential hospitality, has announced a partnership with NEOM to open a next generation, ultra- sustainable retreat in Trojena, the …
Construction

Saudi’s Mawani and Jeddah Chamber Sign an Agreement to Build Integrated Logistics Park

February 27, 2023 Mohammad S
The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have inked an agreement to set up an integrated logistics park at Al …

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Power

SSEM submits lowest bid of $140.4m for New Diriyah Gate 380/132/13.8kV Substation

July 1, 2021
Saudi Electricity Company (SEC) received bidders proposals for Construction of New Diriyah Gate 380/132/13.8kV Substation (9082). The Project location is in Riyadh. Four Bidders has …
Manufacturing

KEZAD Group, APT signs lease agreement for automotive aluminium component manufacturing plant

February 19, 2024
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and Al Ghurair Group subsidiary Automotive Precision Technology (APT) …
Oil and Gas

KBR Awarded FEED Contract in Oman

November 7, 2024
KBR announced that it has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, Oman. Under …
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