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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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    NEOM Tunnel Project Awarded to Samsung C&T–Hyundai E&C Consortium Terminated Following Project Restructuring
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    Japan Bank for International Cooperation Signs $413 Million Loan Agreements for Ruwais LNG Project in UAE
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    Saudi Energy Invites Bids for EXPO 2030 Power Substations Project in Riyadh
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    RUA Al Haram Al Makki Signs MoU with Alpha Development to Advance Urban Projects in Makkah
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    First Wind Turbine Connected to Grid at 600MW Al Ghat Wind Power Project in Saudi Arabia

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Construction

National Housing Company awards contracts of $201.5million for infrastructure works

November 18, 2020
Saudi Arabia’s National Housing Company has signed two agreements to implement infrastructure works for the “Al-Mashriqiya” and “Orchid” housing projects. The Projects locations are in …
No Picture

SEC Awarded Wadi Al Suman Transmission Line Project

July 2, 2018
Saudi Electricity Company awarded the Project “Construction of 380kV Overhead Transmission Line between Wadi Al Suman and Fadhli Gas Plant” to Saudi based Company Arabian …
Oil and Gas

Saudi Aramco signs agreements during Saudi-Korean Investment Forum

January 19, 2022
The Saudi Arabian Oil Company ( Saudi Aramco) announced the signing of one agreement and nine Memoranda of Understanding (MoUs) with leading Korean entities, which …
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