Oil and Gas
Oman’s OQ Breaks Ground on $204 million Strategic Fuel Storage Project
OQ Oman announces that the foundation stone laid for its Strategic Fuel Storage Project in Musandam. The project, with an investment of over OMR 78 …
News
Manufacturing
Saudi’s Desert Technologies to establish largest solar panel and cell manufacturing plants
Saudi Authority for Industrial Cities and Technology Zones, (Modon) signed a contract with Desert Technologies, a leader in renewable energy solutions and the one of …
Power
Al Yamamah Steel awarded $31.7 million contract from L&T
Saudi Arabia’s Al Yamamah Steel Industries Co. announced in a statement that it has secured a new contract for the supply of steel towers from …
Oil and Gas
Jereh Signs Agreement for Iraq’s Mansuriya Gas Field
Jereh and Petro Iraq for Oilfield Development Co., Ltd. （Petro Iraq）had officially signed a development and production contract with Midland Oil Company of Iraq （MdOC) …
Oil and Gas
Kuwait Petroleum, Korea National Oil Signs Crude Storage Agreement
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 …
Power
Alfanar awarded $5.3 billion Contracts with SEC
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
AMAALA : EDF and Masdar Consortium Achieves Financial Close on $1.5 billion Multi-Utilities Infrastructure Facility
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 …
Oil and Gas
Petrofac awarded Multi million dollar Contract in Bahrain
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 …
Oil and Gas
Aramco and Petrovietnam sign Framework Agreement
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 …
Power
Saudi Arabia: PIF and Google Cloud to create advanced AI hub
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 …