Engie to invest $8bn in efficient technologies

MANAMA: France-headquartered Engie will invest a total of $8 billion in Saudi Arabia by 2025 as part of its expansion plans in the Kingdom.

In 2020 alone, Engie secured more than 20 projects with a total value of $960 million using technologies focused on increasing energy efficiency across the Kingdom.

"The capabilities of Engie are massive, and our technological innovation is never-ending. Our innovation provides the foundation for the enhanced growth of our workforce," Turki Al Shehri, CEO, Engie Saudi Arabia, tells Abdulaziz Khattak of OGN.

Engie is a major player in the development of Saudi Arabia’s renewable energy, co-generation, energy efficiency and other green initiatives. "Energy efficiency has become a national necessity, not just to defer the investment requirements, but also to address the growing awareness of the finite nature of energy resources," says Al Shehri. Full report on Page 6

GDA 2021 summit to promote leadership

MANAMA: THE Gulf Downstream Association (GDA) has announced its virtual conference ‘Transform’ will be held from February 22-23, 2021.

The free-to-attend conference, entitled ‘The Evolving Future of Leadership and Project Management’, will provide a unique opportunity for industry participants to discuss and share the kind of leaders, who can grab the opportunity to forge ahead with strategic partnerships and bold investments to signal a positive 2021, whilst delivering efficient capital projects under current market conditions.

Full report on Page 9