December 20, 2025
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Home2023

Year: 2023

Oil and Gas

Oman’s Abraj Energy, EDO Collaborate to Advance Onshore Oil and Gas Services

January 31, 2023 Mohammad S
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 Mohammad S
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 Mohammad S
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 Mohammad S
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 Mohammad S
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 Mohammad S
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 Mohammad S
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 Mohammad S
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 Mohammad S
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 …
Water

Renaissance Services Oman partners with SOURCE® to produce the world’s first renewable water, made from sunlight and air

January 26, 2023 Mohammad S
As part of its commitment to best-in-class technologies and reducing its environmental impact, Renaissance Services will partner with SOURCE Global, PBC to generate sustainably sourced …

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Oil and Gas

QatarEnergy and Shell signs agreement for LNG Supply to China

December 2, 2024
QatarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tons per annum (MTPA) of …
Construction

Sumou Real Estate Company awarded $181.1 million Makkah Gate Project

April 21, 2025
Sumou Real Estate Company, Saudi Arabia announces that it has awarded the development of Residential Villas in the Makkah Gate project in Makkah city. The …
Finance

Saudi’s PIF Signs MOU worth $50 billion with leading financial institutions

August 1, 2024
PIF announced in a statement that it has signed six memorandums of understanding (MoUs) worth up to $50 billion with leading financial institutions. These MoUs …
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