October 2024 - SaudiGulf Projects

Kuwait Petroleum, Korea National Oil Signs Crude Storage Agreement

October 31, 2024 Mohammad S

Kuwait Petroleum Corporation announced in a statement that it has signed a two-year storage agreement with Korea National Oil Corporation (KNOC). The agreement is related …

Alfanar awarded $5.3 billion Contracts with SEC

October 31, 2024 Mohammad S

Alfanar Projects, Saudi Arabia announced in a statement that it has formalized several strategic contracts with Saudi Electricity Company (SEC). The overall value of the …

AMAALA : EDF and Masdar Consortium Achieves Financial Close on $1.5 billion Multi-Utilities Infrastructure Facility

October 31, 2024 Mohammad S

The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced that it has reached the financial …

Petrofac awarded Multi million dollar Contract in Bahrain

October 31, 2024 Mohammad S

Petrofac, a leading provider of services to the global energy industry, announced in a statement that has been awarded a multi-million-dollar, contract by Bapco Upstream …

Aramco and Petrovietnam sign Framework Agreement

October 30, 2024 Mohammad S

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam). The …

Saudi Arabia: PIF and Google Cloud to create advanced AI hub

October 30, 2024 Mohammad S

PIF and Google Cloud announced a strategic partnership to create a new global artificial intelligence (AI) hub. The new AI hub will be based near …

Saudi Arabia: Aramco, SIDF and Taulia announces supply chain financing solution

October 30, 2024 Mohammad S

Aramco, one of the world’s leading integrated energy and chemicals companies, and Taulia, a SAP company and leading FinTech provider of working capital management solutions …

Veolia to establish largest seawater desalination project in Africa

October 30, 2024 Mohammad S

Veolia and the Kingdom of Morocco signed a MOA for the establishment of a strategic partnership to develop on an exclusive basis a seawater desalination …

TotalEnergies signs a Large-Scale Renewables and Hydrogen Project in Morocco

October 30, 2024 Mohammad S

The government of the Kingdom of Morocco and TE H2, along with its partners, signed a Preliminary Contract for Land Reservation for the ‘Chbika’ project. …

PIF and Brookfield sign MOU to expand investment opportunities in Saudi Arabia and region

October 30, 2024 Mohammad S

PIF and Brookfield Asset Management Ltd. signed a non-binding memorandum of understanding (MoU) for PIF to act as a strategic anchor investor for Brookfield Middle …