Oil and Gas
Saudi Aramco signs several agreements during 6th iktva forum
Saudi Aramco announced in a statement that its supply chain resilience has been further enhanced by the signing of 50 new Memoranda of Understanding (MoUs) …
Saudi Arabia
Construction
Projects awarded during December 2021 in Gulf Countries
Following are the major projects awarded during the month of December 2021 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical, Transport and …
Hydrogen
POSCO and Samsung C&T Promote Green Hydrogen Production in Saudi Arabia
South Korea’s POSCO and Samsung C&T are pushing forward with Saudi Arabia’s Public Investment Fund (PIF) to collaborate on a green hydrogen production business in …
Oil and Gas
Schlumberger awarded contracts from Saudi Arabia
Schlumberger announces in a statement as part of Fourth-Quarter and Full-Year 2021 Results, it has secured various notable contracts across GCC. A five-year contract for …
Construction
Saudi Arabia launches Boutique Group to develop palaces into luxury hotels
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Council for Economic and Development Affairs, …
Water
Energy Recovery Awarded $25m Contracts in Saudi Arabia
Energy Recovery, USA announced contract awards totaling nearly $25 million for its PX Pressure Exchanger energy recovery devices for desalination plants in the Kingdom of …
Oil and Gas
Heerema awarded contract with McDermott for Saudi Aramco’s Marjan Increment Program
Heerema Marine Contractors announced in a statement that McDermott has awarded a contract to transport and install six large jackets within Package-1 of Saudi Aramco’s …
Finance
The Red Sea Development Company Financially Closes on $3.76b Loan
Saudi Arabia’s The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced that it has achieved Financial Close …
Construction
Doosan teams up with Saudi Aramco and Dussur for casting and forging project
Doosan Heavy Industries & Construction announced that it has entered into a casting and forging joint venture in Saudi Arabia that will utilize Doosan’s technologies …
Transport
Hitachi Rail awarded €72.5m Contract in Saudi Arabia
Hitachi Rail announced in a statement that it has signed a contract with Princess Noura Bint Abdul Rahman University to operate and maintain the autonomous …