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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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Wood announces that it has secured a contract from TA’ZIZ, UAE to provide project management consultancy (PMC) for the development of the UAE’s first methanol …
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AD Ports, Vale to jointly develop low-carbon mega hubs for steel industry

May 24, 2023
AD Ports Group, UAE signed an MoU with the world’s largest producer of iron ore and nickel, and one of the largest logistics operators in …
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